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Stock-Based Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2020
Share-based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation, Restricted Stock Units Award Activity The following table summarizes information about RSUs:
20202019
SharesWeighted average fair valueSharesWeighted average fair value
Outstanding - beginning of the year4,480,847 $9.51 3,228,339 $13.33 
Granted4,123,544 3.92 3,113,886 6.56 
Vested(1,486,371)9.65 (1,360,219)11.90 
Forfeited(557,648)5.06 (501,159)8.71 
Outstanding - end of the year6,560,372 $6.27 4,480,847 $9.51 
Schedule of Share-based Compensation, Performance Stock Units Award Activity
The following table summarizes share information about PSUs:
20202019
SharesWeighted average grant date fair valueSharesWeighted average grant date fair value
Outstanding - beginning of the year2,778,362 $10.09 1,653,004 $13.08 
Granted  1,368,182 6.60 
Vested(303,460)4.00 — — 
Forfeited(744,900)11.57 (242,824)9.65 
Outstanding - end of the year1,730,002 $9.31 2,778,362 $10.09 
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes information about stock option activity:
20202019
SharesPer share weighted average exercise pricesSharesPer share weighted average exercise prices
Options outstanding - beginning of the year12,822,684 $14.08 13,593,156 $15.30 
Granted2,801,982 3.98 869,297 6.57 
Exercised(33,501)6.82 — — 
Canceled(1,653,126)10.09 (533,921)11.06 
Expired(1,123,674)22.09 (1,105,848)24.75 
Options outstanding - end of the year12,814,365 $11.81 12,822,684 $14.08 
Options exercisable - end of the year7,027,974 $16.76 7,288,614 $18.49 
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range
The following table provides additional information about stock options outstanding and exercisable at December 31, 2020:
Options OutstandingOptions Exercisable
Range of per share exercise pricesSharesPer share weighted-average exercise priceWeighted-average remaining contractual lifeSharesPer share weighted-average exercise priceWeighted-average remaining contractual life
$3.98 - $12.64
6,762,415 $6.57 8.2 years976,024 $11.26 7.3 years
$13.11 - $17.20
4,242,651 $14.75 5.2 years4,242,651 $14.75 5.1 years
$19.45 - $26.07
1,809,299 $24.43 1.0 year1,809,299 $24.43 1.1 years
12,814,365 $11.81 6.2 years7,027,974 $16.76 4.4 years
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The following table lists the weighted average of assumptions used to calculate the fair value of stock options granted:
Years Ended December 31,
202020192018
Expected dividend yield5.0 %3.0 %9.9 %
Expected stock price volatility43.0 %41.5 %37.8 %
Risk-free interest rate1.5 %2.5 %2.8 %
Expected life7 years5 years7 years
Weighted-average fair value per option granted$3.98$1.98$1.26
Fair value of options granted$11,152$1,722$6,229