STOCK INCENTIVE PLANS (Tables)

9 Months Ended

Sep. 30, 2020

Share-based Payment Arrangement [Abstract]

Summary of Activity Relating to Restricted Stock Units

The following table summarizes the activity relating to restricted stock units during the periods indicated:

TABLE 13.1

	Nine Months Ended September 30,
	2020			2019
	Units	Weighted Average Grant Price per Share		Units	Weighted Average Grant Price per Share
Unvested units outstanding at beginning of period	2,858,357	$	12.56	2,556,174	$	13.51
Granted	2,004,895	5.95		1,182,197	10.94
Net adjustment due to performance	47,290	13.00		—	—
Vested	(592,602)	14.50		(655,208)	13.15
Forfeited/expired	(169,552)	13.05		(325,253)	12.72
Dividend reinvestment	173,990	6.99		80,738	11.62
Unvested units outstanding at end of period	4,322,378	9.45		2,838,648	12.54

Schedule of Certain Information Related to Restricted Stock Units

The following table provides certain information related to restricted stock units:

TABLE 13.2

(in millions)	Nine Months Ended September 30,
	2020		2019
Stock-based compensation expense	$	13	$	8
Tax benefit related to stock-based compensation expense	3		2
Fair value of units vested	4		7

Components of Restricted Stock Units

The components of the restricted stock units as of September 30, 2020 are as follows:

TABLE 13.3

(dollars in millions)	Service- Based Units		Performance- Based Units		Total
Unvested restricted stock units	2,987,784		1,334,594		4,322,378
Unrecognized compensation expense	$	11	$	3	$	14
Intrinsic value	$	20	$	9	$	29
Weighted average remaining life (in years)	1.86		1.31		1.69