Share-Based Incentive Compensation |
6 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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Jun. 30, 2025 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-Based Payment Arrangement [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Share-Based Incentive Compensation | SHARE-BASED INCENTIVE COMPENSATION The following information relates to fully vested stock option awards as of June 30, 2025:
_________________________________________________________ (1)Represents awards for which the requisite service has been rendered, including those that are retirement eligible. The total compensation cost for all share-based incentive compensation awards recognized in earnings was $57 million and $60 million for the three months ended June 30, 2025 and 2024, respectively, and $140 million and $139 million for the six months ended June 30, 2025 and 2024, respectively. The related tax benefits recognized in the consolidated statement of income were $9 million and $10 million for the three months ended June 30, 2025 and 2024, respectively, and $22 million for both the six months ended June 30, 2025 and 2024. The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards as of June 30, 2025 was $359 million, which is expected to be recognized over a weighted-average period of 2.0 years.
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