v3.25.2
Share-based Incentive Compensation Plans (Tables)
6 Months Ended
Jun. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-based Compensation Expense
The following table summarizes share-based compensation expense, which includes expenses related to awards granted under the Omnibus Plans and the 2024 Omnibus Plan for the periods indicated:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
Restricted Stock Unit (RSU) awards$13 $13 $32 $36 
Performance Stock Unit (PSU) awards10 13 26 
Total share-based compensation expense18 23 45 62 
Income tax benefit11 16 
After-tax share-based compensation expense$14 $17 $34 $46 
Schedule of Share-based Compensation, Activity
The following table summarizes RSU and PSU awards activity under the Omnibus Plans and the 2024 Omnibus Plan for the periods indicated:
RSU AwardsPSU Awards
(awards in millions)
Number of AwardsWeighted Average Grant Date Fair ValueNumber of AwardsWeighted Average Grant Date Fair Value
Outstanding as of January 1, 20251.9 $67.95 2.2 $63.48 
Adjustment for PSU performance factor— — (0.1)65.46 
Granted0.9 73.76 0.6 78.82 
Vested(0.8)68.72 (0.5)65.87 
Forfeited(0.1)70.49 (0.2)66.65 
Outstanding as of June 30, 2025
1.9 $70.28 2.0 $70.73 
Schedule of Share-based Compensation, Stock Options, Activity
The following table summarizes the number of options under the Omnibus Plans for the periods indicated:
Stock Options
(awards in millions)
Number of AwardsWeighted Average Exercise Price
Outstanding as of January 1, 20250.8 $45.71 
Granted— — 
Exercised(0.2)40.97 
Forfeited— — 
Outstanding as of June 30, 2025
0.6 $46.97 
Vested, exercisable, as of June 30, 2025
0.6 $46.97