Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2022

Share-Based Payment Arrangement [Abstract]

Equity Awards

Equity award units granted to employees:

(Units in Thousands)	2022		2021		2020
Granted units	395		421		411
Weighted average grant date fair value	$	68.43	$	66.03	$	62.92

Equity awards vested:

(Units in Thousands, Fair Value in Millions)	2022		2021		2020
Vested Units	319		392		442
Total Fair Value	$	22	$	27	$	29

Changes in the nonvested portion of equity award units:

(Units in Thousands)	Units	Weighted Average Grant Date Fair Value
Nonvested Units at Jan. 1, 2022	695	$	64.59
Granted	395	68.43
Forfeited	(96)	65.53
Vested	(319)	63.03
Dividend equivalents	33	65.40
Nonvested Units at Dec. 31, 2022	708	67.35

Stock Equivalent Unit Plan

Stock equivalent units granted:

(Units in Thousands)	2022		2021		2020
Granted units	29		31		33
Weighted average grant date fair value	$	71.97	$	68.15	$	61.61

Changes in stock equivalent units:

(Units in Thousands)	Units	Weighted Average Grant Date Fair Value
Stock equivalent units at Jan. 1, 2022	604	$	39.27
Granted	29	71.97
Units distributed	(52)	38.16
Dividend equivalents	16	67.79
Stock equivalent units at Dec. 31, 2022	597	41.75

TSR Liability Awards

Liability awards granted:

(In Thousands)	2022	2021	2020
Awards granted	165	221	212

Liability awards settled:

(Units In Thousands, Settlement Amount in Millions)	2022		2021		2020
Awards settled	411		446		476
Settlement amount (cash, common stock and deferred amounts)	$	27	$	27	$	33

Compensation costs related to share-based awards

Compensation costs related to share-based awards:

(Millions of Dollars)	2022		2021		2020
Cost for share-based awards (a)	$	36	$	31	$	73
Tax benefit recognized in income	9		8		19

(a)Compensation costs for share-based payments are included in O&M expense. Amount for equity awards (non-cash) amounted to $20 million in 2022.