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Incentive Compensation Plans (Notes)
6 Months Ended
Jun. 30, 2023
Share-Based Payment Arrangement, Additional Disclosure [Abstract]  
Incentive Compensation Plans Incentive Compensation Plans
We issue stock-based compensation and cash awards to our employees under various plans established by the Compensation and Leadership Talent Committee of the Board of Directors (the "Compensation Committee") and approved by our stockholders. We issued the following stock-based awards under the 2019 Performance Incentive Plan (the "2019 PIP") during the six months ended June 30, 2023.
AwardsWeighted-average
grant-date fair value
(per award)
Restricted stock (units)1.3 $35.76 
Performance-based stock (shares)2.1 $26.31 
Total stock-based compensation awards3.4 
During the six months ended June 30, 2023, the Compensation Committee granted performance cash awards under the 2019 PIP and restricted cash awards under the 2020 Restricted Cash Plan with a total annual target value of $45.9 and $14.5, respectively. Cash awards are expensed over the vesting period, which is typically three years for performance cash awards and two years or three years for restricted cash awards.