v3.26.1
Share-Based Incentive Compensation
3 Months Ended
Mar. 31, 2026
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 March 31, 2026.
                                           Stock OptionsNumberWeighted
Average
Exercise
Price
Weighted
Average
Contractual
Life
Remaining
Aggregate
Intrinsic
Value
($ in millions)
Vested at end of period (1)
5,478,656 $174.08 5.6 years$644 
Exercisable at end of period4,219,228 $152.72 4.7 years$586 
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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 $87 million and $83 million for the three months ended March 31, 2026 and 2025, respectively. The related tax benefits recognized in the consolidated statement of income were $13 million for both the three months ended March 31, 2026 and 2025.
The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards as of March 31, 2026 was $425 million, which is expected to be recognized over a weighted-average period of 2.2 years.