Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

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, 2022		176			56.21		9
Granted including DRIP		73			52.83		4
Exercised		(70	)		54.62		4
Forfeited		(5	)		54.72		0
Transferred (1)		(31	)		56.17		2
Outstanding as of December 31, 2023		143			55.32		7

This amount includes 38,197 units transferred to PGS upon their separation from TEC on January 1, 2023.

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, 2022		173			56.23		9
Granted including DRIP		60			52.11		3
Exercised		(49	)		54.62		3
Forfeited		(5	)		54.72		0
Transferred (1)		(29	)		56.30		1
Outstanding as of December 31, 2023		150			55.15		8

(1)This amount includes 35,774 units transferred to PGS upon their separation from TEC on January 1, 2023.