Share-Based Compensation Plans (Tables)

6 Months Ended

Jun. 30, 2022

Share-Based Payment Arrangement [Abstract]

Schedule of Share-Based Compensation Expense Recognized in Continuing Operations

The following table summarizes share-based compensation expense recognized in the Condensed Consolidated Statements of Income in Compensation and benefits (in millions):

	Three Months Ended June 30,				Six Months Ended June 30,
	2022		2021		2022		2021
Restricted share units	$	55	$	44	$	142	$	110
Performance share awards	36		39		63		100
Employee share purchase plans	2		2		6		6
Total share-based compensation expense	$	93	$	85	$	211	$	216

Schedule of Restricted Share Unit Activity

The following table summarizes the status of the Company’s RSUs (shares in thousands, except fair value):

	Six Months Ended June 30,
	2022			2021
	Shares	Fair Value (1)		Shares	Fair Value (1)
Non-vested at beginning of period	3,075	$	203	3,309	$	163
Granted	1,019	$	278	861	$	238
Vested	(950)	$	178	(1,094)	$	151
Forfeited	(117)	$	214	(116)	$	171
Non-vested at end of period	3,027	$	235	2,960	$	189

(1)Represents per share weighted average fair value of award at date of grant.

Schedule of Performance Share Awards

The following table summarizes the Company’s target PSAs granted and shares that would be issued at current performance levels for PSAs granted during the six months ended June 30, 2022 and the years ended December 31, 2021 and 2020, respectively (shares in thousands and dollars in millions, except fair value per share):

	June 30, 2022		December 31, 2021		December 31, 2020
Target PSAs granted during period	300		382		500
Weighted average fair value per share at date of grant	$	311	$	225	$	163
Number of shares that would be issued based on current performance levels	299		727		957
Unamortized expense, based on current performance levels	$	84	$	90	$	25