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SHARE-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Weighted Average Grant Date Fair Value
WEIGHTED AVERAGE GRANT DATE FAIR VALUE202220212020
Stock options$34.03 $40.64 $28.64 
RSUs87.68 104.98 63.28 
PSUs/Performance shares95.40 108.51 63.28 
Stock-Based Compensation Activity
STOCK-BASED COMPENSATION ACTIVITYStock optionsRSUs
Shares (in thousands)Weighted average exercise priceWeighted average contractual term (in years)Intrinsic value (in millions)Shares (in thousands)Weighted average grant date fair valueWeighted average contractual term (in years)Intrinsic value (in millions)
Outstanding at January 1, 202238,414 $144.97 8,057 $77.90 
Granted435 92.33 4,110 87.68 
Exercised(951)64.45 (1,630)89.08 
Forfeited(266)95.12 (850)81.92 
Expired(6,609)165.67 N/AN/A
Outstanding at December 31, 202231,023 $142.68 3.8$88 9,687 $79.82 1.2$812 
Exercisable at December 31, 202228,723 $146.94 3.4$83 N/AN/AN/AN/A
Expected to vest2,151 $90.14 7.7$5 8,476 $80.03 1.2$710 
Schedule of Compensation Expense
202220212020
Compensation expense (after-tax)(a)(b)$305 $361 $353 
Cash received from stock options exercised62 93 6 
Intrinsic value of stock options exercised and RSU/PSUs vested170 217 81 
(a)Unrecognized compensation cost related to unvested equity awards as of December 31, 2022 was $420 million, which will be amortized over a weighted average period of 1.0 year.
(b)Income tax benefit recognized in earnings was $17 million, $9 million and $10 million in 2022, 2021, and 2020, respectively.
Schedule of Cash Proceeds and Intrinsic Value
202220212020
Compensation expense (after-tax)(a)(b)$305 $361 $353 
Cash received from stock options exercised62 93 6 
Intrinsic value of stock options exercised and RSU/PSUs vested170 217 81 
(a)Unrecognized compensation cost related to unvested equity awards as of December 31, 2022 was $420 million, which will be amortized over a weighted average period of 1.0 year.
(b)Income tax benefit recognized in earnings was $17 million, $9 million and $10 million in 2022, 2021, and 2020, respectively.