The Company previously offered equity-based compensation awards to its employees and non-employee directors under various employee and non-employee incentive plans (together, the "Omnibus Plans"). The Company currently offers equity-based compensation awards to its employees and non-employee directors under the 2024 Omnibus Incentive Plan (the "2024 Omnibus Plan"). As of June 30, 2026, common stock reserved and available for issuance under the 2024 Omnibus Plan was 5.1 million shares.

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,
	2026		2025		2026		2025
Restricted Stock Unit (RSU) awards	$	16	$	13	$	40	$	32
Performance Stock Unit (PSU) awards	8		5		18		13

Total share-based compensation expense	24		18		58		45
Income tax benefit	4		4		10		11
After-tax share-based compensation expense	$	20	$	14	$	48	$	34

The following table summarizes RSU and PSU awards activity under the Omnibus Plans and the 2024 Omnibus Plan for the periods indicated:


	RSU Awards			PSU Awards
(awards in millions)	Number of Awards	Weighted Average Grant Date Fair Value			Number of Awards		Weighted Average Grant Date Fair Value
Outstanding as of January 1, 2026	1.8	$	70.48		1.9		$	71.43
Adjustment for PSU performance factor	—	—			(0.4)		73.12
Granted	1.1	73.38			0.6		82.19
Vested	(0.8)	70.94			(0.3)		81.94
Forfeited	(0.1)	72.97			—	*	74.23
Outstanding as of June 30, 2026	2.0	$	71.86		1.8		$	73.10

The following table summarizes the number of options under the Omnibus Plans for the periods indicated:


	Stock Options
(awards in millions)	Number of Awards	Weighted Average Exercise Price
Outstanding as of January 1, 2026	0.5	$	50.03

Granted	—	—
Exercised	(0.1)	50.03
Forfeited	—	—
Outstanding as of June 30, 2026	0.4	$	50.03

Vested, exercisable, as of June 30, 2026	0.4	$	50.03