Stock-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2025

Share-Based Payment Arrangement [Abstract]

Schedule of Stock Based Compensation Activity

The activity related to stock units consisted of (in thousands of shares):

	Number of Shares	Weighted Average Grant Date Fair Value		Weighted Average Remaining Contractual Term (years)	Aggregate Intrinsic Value (in millions)
Time-based RSUs
Outstanding at January 1, 2025	306	$	143.25
Granted (a)	280	62.64
Vested (b)	(70)	155.33
Forfeited	(4)	149.77
Outstanding and expected to vest at March 31, 2025 (c)	512	$	97.36	1.6	$	39
Performance-based RSUs
Outstanding at January 1, 2025	315	$	159.62
Granted (a)	428	62.64
Vested (b)	(61)	194.23
Forfeited	(81)	157.61
Outstanding at March 31, 2025	601	$	87.31	2.1	$	46
Outstanding and expected to vest at March 31, 2025 (c)	326	$	70.28	2.1	$	25

__________

(a)Reflects the maximum number of stock units assuming achievement of all time- and performance-vesting criteria and does not include those for non-employee directors. The weighted-average fair value of time- and performance-based RSUs granted during the three months ended March 31, 2024 was $113.10.

(b)The total fair value of time- and performance-based RSUs vested during the three months ended March 31, 2025 and 2024 was $23 million and $27 million, respectively.

(c)Aggregate unrecognized compensation expense related to time- and performance-based RSUs amounted to $59 million and will be recognized over a weighted average vesting period of 1.8 years.