v3.19.3.a.u2
Share-Based Payments (Tables)
12 Months Ended
Dec. 31, 2019
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary Of Compensation Costs Recognized In The Consolidated Statements Of Operations
The following table summarizes the elements of compensation cost recognized in the consolidated statements of income for the years ended December 31:
 
2019
 
2018
 
2017
 
(In millions)
Compensation cost of share-based compensation awards:
 
 
 
 
 
Restricted and performance stock awards
$
51

 
$
50

 
$
62

Tax benefits related to share-based compensation cost (1)
(13
)
 
(13
)
 
(23
)
Compensation cost of share-based compensation awards, net of tax
$
38

 
$
37

 
$
39


________
(1) The tax benefits related to share-based compensation cost for 2019 exclude excess tax benefits of $12 million related to settled share-based compensation awards.
Summary Of Activity Related To Stock Options
The following table summarizes the activity for 2019, 2018 and 2017 related to stock options:
 
Number of
Options
 
Weighted-
Average
Exercise
Price
 
Aggregate
Intrinsic Value
(In millions)
 
Weighted-Average Remaining Contractual Term
Outstanding at December 31, 2016
13,455,047

 
$
19.37

 
$
34

 
1.83 yrs
Granted

 

 
 
 
 
Exercised
(1,204,138
)
 
6.69

 
 
 
 
Forfeited or expired
(2,843,011
)
 
34.00

 
 
 
 
Outstanding at December 31, 2017
9,407,898

 
$
16.58

 
$
35

 
1.05 yrs
Granted

 

 
 
 
 
Exercised
(1,619,206
)
 
7.08

 
 
 
 
Forfeited or expired
(6,063,969
)
 
21.88

 
 
 
 
Outstanding at December 31, 2018
1,724,723

 
$
6.86

 
$
11

 
1.74 yrs
Granted

 

 
 
 
 
Exercised
(756,954
)
 
6.93

 
 
 
 
Forfeited or expired

 

 
 
 
 
Outstanding at December 31, 2019
967,769

 
$
6.80

 
$
10

 
0.83 yrs
Exercisable at December 31, 2019
967,769

 
$
6.80

 
$
10

 
0.83 yrs

Summary Of Activity Related to Restricted Stock Awards And Performance Stock Awards
Activity related to restricted stock awards and performance stock awards for 2019, 2018 and 2017 is summarized as follows:
 
Number of
Shares/Units
 
Weighted-Average
Grant Date
Fair Value
Non-vested at December 31, 2016
16,558,942

 
$
9.31

Granted
3,993,591

 
14.57

Vested
(4,657,544
)
 
11.06

Forfeited
(631,955
)
 
10.04

Non-vested at December 31, 2017
15,263,034

 
$
10.12

Granted
3,051,090

 
18.17

Vested
(6,038,566
)
 
9.64

Forfeited
(747,021
)
 
13.00

Non-vested at December 31, 2018
11,528,537

 
$
12.32

Granted
3,971,303

 
14.70

Vested
(6,068,969
)
 
8.47

Forfeited
(433,513
)
 
15.25

Non-vested at December 31, 2019
8,997,358

 
$
15.62