XML 57 R46.htm IDEA: XBRL DOCUMENT v3.20.2
SHARE-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Activity for Shares
The following table summarizes activity relating to these carry units:
Number of Time
Vesting Awards
Weighted Average Grant Date Fair Value
Balance, December 31, 201937,518,750  $2.35  
Vested(27,343,750) 2.31  
Forfeited(212,500) 0.56  
Balance, June 30, 20209,962,500  $2.71  
Share-based Compensation, Stock Options, Activity
The following table summarizes activity related to the stock options granted to Company employees:
 Shares Under OptionWeighted Average
Exercise
Price Per Share
Weighted Average Remaining
Contractual Term
(in years)
Aggregate Intrinsic
Value (a)
Balance at December 31, 201914,083,741  $19.12  8.74$112,915  
Granted26,093,256  28.32  
Exercised(209,105) 17.46  
Forfeited(1,749,476) 21.44  
Balance at June 30, 202038,218,416  25.31  9.1449,108,141  
Options exercisable at June 30, 2020
788,053  $17.70  7.17$3,848,578  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
Risk-free interest rate1.45%
Expected life (in years)6.38
Dividend yield—%
Volatility28.46%
Grant date fair value$7.74
Performance Based Vesting  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
Risk-free interest rate1.46%
Expected life (in years)
4 and 6
Dividend yield—%
Volatility34.22%