Stock Options and Restricted Stock (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Restricted and Performance Stock Activity

summary of restricted and performance stock and unit activity during the year ended December 31, 2024, is presented below.

Table 8.18.1

RESTRICTED AND PERFORMANCE EQUITY AWARD ACTIVITY

	Shares/ Units (a)	Weighted average grant date fair value (per share) (b)
January 1, 2024	11,317,704	$	15.89
Shares/units granted	5,088,696	15.24
Shares/units vested/distributed	(4,110,142)	15.81
Shares/units canceled	(456,173)	13.90
December 31, 2024	11,840,085	$	15.71

(a)Includes only units that settle in shares; nonvested performance units are included at 100% payout level.

(b)The weighted average grant date fair value for shares/units granted in 2023 and 2022 was $16.08 and $20.64, respectively.

Schedule of Stock Options

The summary of stock option activity for the year ended December 31, 2024, is shown below.

Table 8.18.2

STOCK OPTION ACTIVITY

	Options Outstanding	Weighted Average Exercise Price (per share)		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value (millions)
January 1, 2024	1,898,968	$	16.31
Options granted	—	—
Options exercised	(604,467)	15.52
Options expired/canceled	(335,879)	18.15
December 31, 2024	958,622	$	16.16	2.38	$	4
Options exercisable	883,705	16.24		2.23	3
Options expected to vest	74,917	15.20		4.07	—