Share-Based Compensation Plans (Tables)
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12 Months Ended |
Dec. 31, 2022 |
Share-Based Compensation Plans [Abstract] |
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Stock Option Activity |
Stock option activity was: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2022 | | 2021 | | 2020 | | Shares | | | Weighted Average Exercise Price | | Shares | | Weighted Average Exercise Price | | Shares | | Weighted Average Exercise Price | January 1 | 4,689,250 | | | | $74.30 | | 768,750 | | | $83.65 | | 866,000 | | | $83.80 | Granted | 853,875 | | | | $68.88 | | 4,025,000 | | | 72.47 | | — | | | — | Exercised | (157,500) | | | | $84.94 | | (60,000) | | | 60.17 | | — | | | — | Forfeited | (258,000) | | | | $77.69 | | (44,500) | | | $77.93 | | (97,250) | | | $84.94 | December 31 | 5,127,625 | | | | $72.90 | | 4,689,250 | | | $74.30 | | 768,750 | | | $83.65 | | | | | | | | | | | | | | Exercisable December 31 | 423,750 | | | | $84.94 | | 689,250 | | | $84.94 | | 768,750 | | | $83.65 |
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Options Outstanding and Exercisable |
At December 31, 2022, options outstanding and exercisable were: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Options Outstanding | | Options Exercisable | | Exercise Price Range | | Shares | | Weighted Average Remaining Contractual Life | | Weighted Average Exercise Price | | Shares | | Weighted Average Exercise Price | | | | | | | | | | | | | | | | $63.00 | to | $64.00 | | 50,000 | | | 9.5 years | | $63.21 | | — | | | $0.00 | | $69.00 | to | $70.00 | | 803,875 | | | 9.6 years | | $69.23 | | — | | | $0.00 | | $72.00 | to | $73.00 | | 3,850,000 | | | 8.9 years | | $72.47 | | — | | | $0.00 | | $84.00 | to | $85.00 | | 423,750 | | | 0.3 years | | $84.94 | | 423,750 | | | $84.94 | | | | | | 5,127,625 | | | | | | | 423,750 | | | |
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Restricted Stock Activity |
Restricted stock activity was: | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2022 | | 2021 | | 2020 | January 1 | 2,932,836 | | | 3,012,988 | | | 2,547,001 | | Granted | 1,147,496 | | | 1,017,895 | | | 1,511,719 | | Vested | (889,736) | | | (899,372) | | | (874,431) | | Forfeited | (180,253) | | | (198,675) | | | (171,301) | | December 31 | 3,010,343 | | | 2,932,836 | | | 3,012,988 | | | | | | | | Weighted average grant date fair value of shares granted in the period | $59.02 | | $68.99 | | $51.26 | Weighted average grant date fair value at December 31 | $61.11 | | $63.09 | | $61.44 |
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Performance Restricted Stock Units Activity |
PRSU activity was: | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | | Year Ended December 31, | | 2022 | | 2021 | | 2020 | | Shares | | | Weighted Average Grant Date Fair Value | | Shares | | Weighted Average Grant Date Fair Value | | Shares | | Weighted Average Grant Date Fair Value | January 1 | 533,890 | | | | $70.42 | | 550,561 | | | $70.17 | | 538,134 | | | $77.99 | Granted | 218,127 | | | | $76.79 | | 165,911 | | | $74.89 | | 186,197 | | | $61.36 | Distributed | (181,782) | | | | $75.64 | | (182,582) | | | $73.72 | | (173,770) | | | $84.94 | | | | | | | | | | | | | | December 31 | 570,235 | | | | $71.19 | | 533,890 | | | $70.42 | | 550,561 | | | $70.17 |
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