v3.25.2
STOCK INCENTIVE PLANS (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Activity Relating to Restricted Stock Units
The following table summarizes the activity relating to restricted stock units during the periods indicated:
TABLE 12.1
Six Months Ended June 30,
20252024
UnitsWeighted
Average
Grant
Price per
Share
UnitsWeighted
Average
Grant
Price per
Share
Unvested units outstanding at beginning of period3,571,311 $13.38 3,502,598 $12.89 
Granted1,324,978 14.39 1,249,783 14.04 
Net adjustment288,675  341,857 — 
Vested(1,526,998)13.51 (1,499,097)12.76 
Forfeited/expired/canceled(122,515)13.11 (27,777)12.25 
Unvested units outstanding at end of period3,535,451 13.81 3,567,364 13.36 
Schedule of Certain Information Related to Restricted Stock Units
The following table provides certain information related to restricted stock units:
TABLE 12.2
Six Months Ended
June 30,
(in millions)20252024
Stock-based compensation expense$13 $12 
Tax benefit related to stock-based compensation expense3 
Fair value of units vested21 19 
Schedule of Components of Restricted Stock Units
The components of the restricted stock units as of June 30, 2025 are as follows:
TABLE 12.3
(dollars in millions)Service-
Based
Units
Performance-
Based
Units
Total
Unvested restricted stock units2,579,301 956,150 3,535,451 
Unrecognized compensation expense$15 $— $15 
Intrinsic value$38 $14 $52 
Weighted average remaining life (in years)2.012.342.10