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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2022
Share-Based Payment Arrangement [Abstract]  
Summary of Activity Related to TEC Employee PSUs

A summary of the activity related to TEC employee PSUs is presented in the following table:

 

 

 

 

 

Weighted

 

 

Aggregate

 

 

 

Number of

 

 

Average Grant

 

 

Intrinsic

 

 

 

Units

 

 

Date Fair Value

 

 

Value

 

 

 

(Thousands)

 

 

(Per Unit)

 

 

(Millions)

 

Outstanding as of December 31, 2021

 

 

285

 

 

 

47.74

 

 

 

18

 

Granted including DRIP

 

 

62

 

 

 

59.26

 

 

 

4

 

Exercised

 

 

(123

)

 

 

42.86

 

 

 

7

 

Forfeited

 

 

(51

)

 

 

44.41

 

 

 

3

 

Transferred

 

 

3

 

 

 

47.98

 

 

 

0

 

Outstanding as of December 31, 2022

 

 

176

 

 

 

56.21

 

 

 

9

 

Summary of Activity Related to Employee RSUs

A summary of the activity related to TEC employee RSUs is presented in the following table:

 

 

 

 

 

 

Weighted

 

 

Aggregate

 

 

 

Number of

 

 

Average Grant

 

 

Intrinsic

 

 

 

Units

 

 

Date Fair Value

 

 

Value

 

 

 

(Thousands)

 

 

(Per Unit)

 

 

(Millions)

 

Outstanding as of December 31, 2021

 

 

118

 

 

 

54.64

 

 

 

7

 

Granted including DRIP

 

 

61

 

 

 

59.31

 

 

 

4

 

Forfeited

 

 

(6

)

 

 

56.47

 

 

 

0

 

Outstanding as of December 31, 2022

 

 

173

 

 

 

56.23

 

 

 

9