XML 105 R40.htm IDEA: XBRL DOCUMENT v3.22.4
Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Activity
A summary of the 2022 RSUs, and PSUs granted to certain NEOs, employees, and the Board of Directors is presented below (shares/units in thousands):
Grant YearAward Type
Number of Units Awarded(1)
Vesting Terms
2022RSU62
Vest equally over three service periods ending in 2025
2022PSU34
Three-year performance and service period ending in 2024
2022RSU5
One year service period ending in 2023
(1) PSUs presented are based on the target number of units for the original PSU grant.
Activity for Awards Made Outside of Share-Based Compensation Plans
Activity for our RSAs, RSUs, and PSUs is presented below (shares/units in thousands):
PSUsRSAs and RSUsTotal
(in thousands, except grant date values)Number of
Shares / Units
Weighted
Average
Grant Date
Fair Value
Number of
Shares / Units
Weighted
Average
Grant Date
Fair Value
Number of
Shares / Units
Weighted
Average
Grant Date
Fair Value
Balance, December 31, 2019314 $72.84 265 $85.07 579 $78.45 
Granted37 $182.45 94 $150.12 131 $159.30 
Performance adjustment(1)
41 $90.73 — $— 41 $90.73 
Vested(90)$90.73 (121)$90.01 (211)$90.32 
Canceled/forfeited— $— (3)$121.39 (3)$121.39 
Balance, December 31, 2020302 $83.40 235 $107.90 537 $94.14 
Granted27 $254.29 68 $211.11 95 $223.25 
Performance adjustment(1)
258 $68.87 — $— 258 $68.87 
Vested(108)$92.90 (112)$121.77 (220)$107.63 
Canceled/forfeited— $— (12)$160.42 (12)$160.42 
Balance, December 31, 2021479 $82.99 179 $135.01 658 $90.27 
Granted34$220.25 67 $222.16 101$221.52 
Performance adjustment(1)
47$182.45 — $— 47$182.45 
Vested(184)$115.32 (92)$158.89 (276)$129.65 
Canceled/forfeited(6)$213.8 (6)$204.71 (12)$208.82 
Balance, December 31, 2022370$90.07 148$160.18 518$110.13 
(1)Adjustment to number of target units awarded for PSUs based on achievement of underlying performance goals.
Summary of Unrecognized Stock-based Compensation Expense
A summary of total unrecognized stock-based compensation expense related to RSAs, RSUs, and PSUs (based on current performance estimates), on December 31, 2022, is presented below:
(in millions, except years)December 31, 2022Weighted Average Remaining Vesting Period (Years)
Unrecognized expense:
RSU$8.8 1.52
PSU13.2 1.71
Total$22.0 1.63