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SHARE-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2021
Share-based Payment Arrangement [Abstract]  
Share-based Payment Arrangement, Option, Activity The following table presents a summary of the Company’s outstanding and exercisable stock option activity:
Number of OptionsWeighted-Average Exercise PriceWeighted-Average Remaining Contractual Term (Years) Aggregate Intrinsic Value (in millions)
Outstanding at January 1. 2021— $— — $— 
Assumed249,861 19.45 — — 
Granted— — — — 
Exercised(4,000)19.45 — — 
Forfeited or expired— — — — 
Outstanding at December 31, 2021245,861 19.45 3.1
Exercisable at December 31, 202134,856 $19.45 3.1$1 
Summary of Share-Based Plans Activity
The following table presents the activity related to the Company’s share-based plans (excluding the ESPP):
Year Ended December 31,
202120202019
UnitsWeighted-Average Grant PriceUnitsWeighted-Average Grant PriceUnitsWeighted-Average Grant Price
Outstanding, January 13,496,231 $34.37 3,000,224 $36.71 2,893,281 $34.04 
Assumed82,013 49.95 — — — — 
Granted
1,417,370 44.97 1,947,902 32.64 1,677,167 36.21 
Vested & Distributed
(1,400,722)38.88 (1,384,091)38.59 (1,518,836)32.21 
Forfeited
(91,936)35.00 (67,804)35.89 (51,388)38.29 
Outstanding, December 313,502,956 $38.23 3,496,231 $34.37 3,000,224 $36.71