SHARE-BASED COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2020

Share-based Payment Arrangement [Abstract]

Summary of the components and classification of share-based compensation expense

The following table summarizes the components and classification of share-based compensation expense related to stock options and RSUs for the three and six months ended June 30, 2020 and 2019:

	Three Months Ended June 30,				Six Months Ended June 30,
(in millions)	2020		2019		2020		2019
Stock options	$	4	$	6	$	8	$	12
RSUs	23		21		46		39
	$	27	$	27	$	54	$	51
Research and development expenses	$	3	$	3	$	6	$	5
Selling, general and administrative expenses	24		24		48		46
	$	27	$	27	$	54	$	51

Summary of share-based awards

Share-based awards granted consist of:

	Six Months Ended June 30,
	2020		2019
Stock options
Granted	2,269,000		1,725,000
Weighted-average exercise price	$	24.74	$	23.16
Weighted-average grant date fair value	$	6.60	$	8.46
Time-based RSUs
Granted	2,839,000		2,667,000
Weighted-average grant date fair value	$	22.58	$	24.06
TSR performance-based RSUs
Granted	425,000		454,000
Weighted-average grant date fair value	$	26.13	$	34.53
ROTC performance-based RSUs
Granted	472,000		505,000
Weighted-average grant date fair value	$	27.05	$	25.03