XML 104 R87.htm IDEA: XBRL DOCUMENT v3.23.1
Share-Based Compensation Weighting for Components of Performance Based RSU Awards (Details) - PLC Long Term Incentive Plan - USD ($)
$ in Millions
1 Months Ended 3 Months Ended 12 Months Ended
Feb. 28, 2023
Feb. 28, 2022
Mar. 31, 2023
Mar. 31, 2022
Dec. 31, 2020
Restricted Stock Units (RSUs)          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Performance-Based Awards % Granted For Officers     60.00%   75.00%
Restricted Stock Units (RSUs) | Executives | Time-Based          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
RSU's Issued in Period, Gross 286,337 354,600      
Fair Value of RSUs Vested in Period $ 33 $ 46      
RSU's, Used to Pay Witholding Taxes 116,753 140,409      
2020 - 2022 Grants          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Average return on net assets [1]     33.00%    
Cumulative net income     33.00%    
Relative total shareholder return [2]     33.00%    
2018 - 2019 Grants          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
Average return on net assets [1]     50.00%    
Cumulative net income     25.00%    
Relative total shareholder return [2]     25.00%    
2019 Grant | Restricted Stock Units (RSUs) | Executives | Performance-Based          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
RSU's Issued in Period, Gross       325,283  
Fair Value of RSUs Vested in Period       $ 42  
RSU's, Used to Pay Witholding Taxes       136,143  
2020 Grant | Restricted Stock Units (RSUs) | Executives | Performance-Based          
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]          
RSU's Issued in Period, Gross     315,664    
Fair Value of RSUs Vested in Period     $ 37    
RSU's, Used to Pay Witholding Taxes     138,036    
[1] Average return on net assets is measured by tax-affected operating income divided by average net working capital plus average net property, plant and equipment for each calendar year during the respective performance period.
[2] Relative total shareholder return is measured by comparing the average closing price per share of the Company’s ordinary shares for the specified trading days in the fourth quarter of the end of the performance period to the average closing price per share of the Company’s ordinary shares for the specified trading days in the fourth quarter of the year preceding the grant, including dividends, and assessed against a comparable measure of competitor and peer group companies.