Share-based Compensation

3 Months Ended

Dec. 31, 2020

Share-based Payment Arrangement, Noncash Expense [Abstract]

Share-based Compensation

Note 11—Share-based Compensation

The Company granted the following equity awards to employees and non-employee directors under the 2007 Equity Incentive Compensation Plan, or the EIP, during the three months ended December 31, 2020:

	Granted	Weighted-Average Grant Date Fair Value		Weighted-Average Exercise Price
Non-qualified stock options	1,022,430	$	39.51	$	207.57
Restricted stock units	2,108,933	$	207.52
Performance-based shares(1)	432,714	$	229.81

(1)Represents the maximum number of performance-based shares which could be earned.

For the three months ended December 31, 2020 and 2019, the Company recorded share-based compensation cost related to the EIP of $116 million and $111 million, respectively, net of estimated forfeitures.

On January 26, 2021, the EIP was amended to extend the termination date from January 31, 2022 to January 26, 2031 and reduce the number of shares authorized for grant from 236 million to 198 million. Additionally, shares available for grant may be either unissued or previously issued shares subsequently acquired by the Company, except that shares withheld for taxes, or shares used to pay the exercise or purchase price of an award, shall not again be available for future grant.