v3.26.3
Stock Compensation Plans
9 Months Ended
Sep. 30, 2026
Share-Based Payment Arrangement [Abstract]  
Stock Compensation Plans STOCK COMPENSATION PLANS
The Company has various plans under which its officers, senior management, other key employees and directors may be granted equity-based awards. Equity awards outstanding under the plans include Restricted Stock Units (“RSUs”), Stock-Settled Appreciation Rights (“SSARs”) and Stock Options, and Performance Stock Units (“PSUs”). Liability-based awards outstanding under the plans are cash-settled RSUs.
Stock-based compensation expense and related tax benefits were as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(DOLLARS IN MILLIONS)2026202520262025
Equity-based awards$17 $19 $63 $65 
Liability-based awards1 — 2 1 
Total stock-based compensation expense18 19 65 66 
Less: Tax benefit(4)(4)(13)(13)
Total stock-based compensation expense, after tax$14 $15 $52 $53 
As of September 30, 2026, there was approximately $70 million of total unrecognized compensation cost related to non-vested awards granted under the equity incentive plans.