Share-Based Compensation

9 Months Ended

Sep. 30, 2019

Share-based Payment Arrangement [Abstract]

We recognized the following employee share-based compensation expense during the third quarter and first nine months of 2019 and 2018:



	Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars in millions)	2019		2018		2019		2018
Share-based compensation	$	5	$	11	$	19	$	38
Related tax benefit	—		—		—		—

During the first nine 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 September 30, 2019, there was $16 million of unrecognized compensation expense related to our unvested restricted share grants and $5 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 temporarily discontinued the use of equity awards as long-term incentive compensation.