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Stock-based Compensation Plans (Tables)
 12 Months Ended
Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Stock-based compensation
Stock-based compensation expense and the associated tax benefit recognized were as follows:
(In millions)
2019

 
2018

 
2017

Stock-based compensation expense
 
 
 
 
 
Restricted stock expense
$
99

 
$
98

 
$
94

RSU expense
35

 
32

 
28

LTPP expense
37

 
36

 
38

Total stock-based compensation expense
$
171

 
$
166

 
$
160

Stock-based tax benefit recognized
35

 
29

 
30
Restricted Stock Activity Disclosure
Restricted stock and RSU activity was as follows: 
 
Shares/units
(in thousands)

 
Weighted-average grant date fair value per share

Outstanding at December 31, 2016
3,294

 
$
106.56

Granted
1,025

 
152.93

Vested
(1,194
)
 
91.77

Forfeited
(229
)
 
120.33

Outstanding at December 31, 2017
2,896

 
127.98

Granted
774

 
212.96

Vested
(977
)
 
112.54

Forfeited
(215
)
 
150.67

Outstanding at December 31, 2018
2,478

 
158.66

Granted
959

 
180.05

Vested
(882
)
 
130.35

Forfeited
(166
)
 
172.50

Outstanding at December 31, 2019
2,389

 
$
176.73



The total fair value of restricted stock and RSUs vested and the related tax benefit realized were as follows:
(In millions)
2019

 
2018

 
2017

Fair value of restricted stock and RSUs vested
$
160

 
$
206

 
$
193

Tax benefit realized related to vested restricted stock/RSUs(1)
30

 
39

 
63


(1)
Includes $11 million, $18 million and $29 million of excess tax benefits realized in 2019, 2018 and 2017, respectively.
Long-Term Performance Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Assumptions Used
The assumptions used in the Monte Carlo model for the TSR portion of the LTPP awards granted during each year were as follows:
 
2019

 
2018

 
2017

Expected stock price volatility
18.48
%
 
16.87
%
 
18.74
%
Peer group stock price volatility
20.67
%
 
18.41
%
 
20.01
%
Correlations of returns
54.49
%
 
52.49
%
 
56.55
%
Risk free interest rate
2.49
%
 
2.21
%
 
1.53
%
Long-Term Performance Plan Activity
LTPP award activity was as follows(1): 
 
Units
(in thousands)

 
Weighted-average grant date fair value per share

Outstanding at December 31, 2016
665

 
$
110.32

Granted
142

 
152.29

Increase due to expected performance
193

 
125.14

Vested
(273
)
 
97.59

Forfeited
(4
)
 
137.57

Outstanding at December 31, 2017
723

 
127.16

Granted
117

 
205.76

Increase due to expected performance
71

 
135.27

Vested
(303
)
 
112.15

Forfeited
(24
)
 
164.58

Outstanding at December 31, 2018
584

 
150.15

Granted
145

 
176.13

Increase due to expected performance
96

 
187.90

Vested
(236
)
 
120.52

Forfeited
(10
)
 
170.42

Outstanding at December 31, 2019
579

 
$
174.72


(1)
This table excludes dividend equivalent units outstanding of 33 thousand at both December 31, 2019 and December 31, 2018 and 28 thousand at December 31, 2017, based on expected performance at each reporting date.

The total fair value of LTPP awards vested and the related tax benefit realized were as follows:
(In millions)
2019

 
2018

 
2017

Fair value of LTPP awards vested
$
45

 
$
67

 
$
44

Tax benefit realized related to vested LTPP awards(1)
10

 
24

 
15


(1)
Includes $3 million, $13 million and $7 million of excess tax benefits realized in 2019, 2018 and 2017, respectively.
Forcepoint  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Assumptions Used
The weighted-average assumptions used in the Black-Scholes model and the weighted-average grant date fair value for the Forcepoint awards granted were as follows:
 
2019

 
2018

 
2017

Unit Price
$
1,244.48

 
$
1,508.01

 
$
1,101.31

Expected life (in years)
1.99

 
3.01

 
2.29

Expected unit price volatility
39.19
%
 
43.66
%
 
49.51
%
Risk free interest rate
2.06
%
 
2.69
%
 
1.46
%
Dividend yield
—
%
 
—
%
 
—
%
Grant date fair value
$
368.61

 
$
486.94

 
$
339.72