v3.25.3
Share-Based Incentive Compensation
9 Months Ended
Sep. 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 September 30, 2025:
                                           Stock OptionsNumberWeighted
Average
Exercise
Price
Weighted
Average
Contractual
Life
Remaining
Aggregate
Intrinsic
Value
($ in millions)
Vested at end of period (1)
5,804,107 $159.98 5.4 years$692 
Exercisable at end of period4,388,364 $142.96 4.5 years$598 
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(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 $59 million and $63 million for the three months ended September 30, 2025 and 2024, respectively, and $199 million and $202 million for the nine months ended September 30, 2025 and 2024, respectively. The related tax benefits recognized in the consolidated statement of income were $11 million for both the three months ended September 30, 2025 and 2024, and $33 million for both the nine months ended September 30, 2025 and 2024.
The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards as of September 30, 2025 was $310 million, which is expected to be recognized over a weighted-average period of 1.9 years.