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Preferred and Common Stock (Tables)
12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Activity for Stock Options and Stock Units

The activity for stock units and stock options during 2023 was as follows:

 

 

Stock units

 

 

Stock options

 

 

 

Number of
units

 

 

Weighted
average FMV
per unit

 

 

Number of
options

 

 

Weighted
average
exercise price

 

Outstanding, January 1, 2023

 

 

4,606,215

 

 

$

26.08

 

 

 

220,596

 

 

$

23.88

 

Granted

 

 

835,083

 

 

 

49.95

 

 

 

 

 

 

 

Exercised

 

 

 

 

 

 

 

 

(70,060

)

 

 

17.94

 

Converted

 

 

(2,090,761

)

 

 

16.98

 

 

 

 

 

 

 

Expired or forfeited

 

 

(354,230

)

 

 

55.82

 

 

 

(1,928

)

 

 

19.89

 

Performance share adjustment

 

 

(862

)

 

 

127.42

 

 

 

 

 

 

 

Outstanding, December 31, 2023

 

 

2,995,445

 

 

$

35.54

 

 

 

148,608

 

 

$

26.73