v3.26.1
Share-based Incentive Compensation Plans (Tables)
3 Months Ended
Mar. 31, 2026
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 March 31,
20262025
Restricted Stock Unit (RSU) awards$24 $20 
Performance Stock Unit (PSU) awards11 
Total share-based compensation expense35 28 
Income tax benefit
After-tax share-based compensation expense$29 $21 
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, 20261.8 $70.48 1.9 $71.43 
Adjustment for PSU performance factor— — (0.4)73.12 
Granted1.1 73.11 0.6 82.19 
Vested(0.7)71.07 (0.3)82.72 
Forfeited(0.1)72.07 — 
*
73.54 
Outstanding as of March 31, 2026
2.1 $71.64 1.8 $73.08 
*less than 0.1
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, 20260.5 $50.03 
Granted— — 
Exercised— — 
Forfeited— — 
Outstanding as of March 31, 2026
0.5 $50.03 
Vested, exercisable, as of March 31, 2026
0.5 $50.03