Share-Based Compensation

6 Months Ended

Jun. 30, 2019

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

We recognized the following employee share-based compensation expense during the second quarter of 2019 and 2018:



	Three Months Ended June 30,				Six Months Ended June 30,
(Dollars in millions)	2019		2018		2019		2018
Share-based compensation	$	6	$	14	$	14	$	27
Related tax benefit	—		—		—		—

During the first six months of 2019, we granted 76 thousand restricted share units at a weighted average grant date fair value of $0.90 per share. As of June 30, 2019, there was $22 million of unrecognized compensation expense related to our unvested restricted share grants and $6 million of unrecognized compensation expense related to our performance share units. This cost is expected to be recognized over a weighted average period of less than two years or until our emergence from bankruptcy, whichever is earlier.

Beginning in March 2019, we discontinued the use of equity awards as long-term incentive compensation.