Stock Compensation (Tables)

12 Months Ended

Dec. 31, 2021

Equity [Abstract]

Assumptions Used To Value Share-Based Compensation

The assumptions used in the Black-Scholes single option pricing model for 2019 were as follows. No options were granted in 2021 and 2020.

	Year Ended December 31
	2021	2020	2019
Dividend yield	—%	—%	3%
Risk-free interest rate	—%	—%	2%
Stock volatility	—%	—%	22%
Average expected life (years)	0	0	6

Summary Of Option Activity During The Period

A summary of option activity during 2021 is presented below:

	Shares	Weighted-Average Exercise Price
	(In thousands, except per share amounts)
Shares under option at December 31, 2020	6,269	$37.40
Granted	—	0.00
Exercised	(1,683)	37.98
Forfeited or expired	(2)	27.65
Shares under option at December 31, 2021	4,584	$37.20
Exercisable at December 31, 2021	4,584	$37.20

Summary Of Restricted Stock Awards And PSUs Activity During The Period

A summary of Restricted Stock Awards and PSUs activity during 2021 is presented below:

	Restricted Stock Awards and PSUs	Weighted Average Grant-Date Fair Value
	(In thousands, except per share amounts)
Non-vested at December 31, 2020	7,372	$43.56
Granted	2,730	53.28
Vested	(2,798)	43.09
Forfeited	(169)	52.17
Non-vested at December 31, 2021	7,135	$47.27