v3.26.3
STOCK COMPENSATION (Tables)
9 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]    
Disclosure of Share-based Compensation Expense
Stock-based compensation expense included in Marketing and administrative expenses in the accompanying Consolidated Statements of Earnings is as follows:
Three Months Ended September 30,Nine Months Ended September 30,
(In millions)2026202520262025
Total stock-based compensation expense from continuing operations$14 $14 $47 $50 
Total stock-based compensation expense from discontinued operations— 1 2 4 
Total stock-based compensation expense$14 $15 $49 $54 
 
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity
The following table shows a summary of the Company’s RSU activity:
Number of
RSUs
Weighted-Average
Fair Value
Balance at December 31, 2025994,201 $122.10 
Granted408,328 $133.11 
Vested(370,046)$126.41 
Forfeited(82,327)$139.98 
Balance at September 30, 2026950,156 $123.59 
 
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Performance-Based Units, Vested and Expected to Vest
The following table shows a summary of the Company's PSU activity:
Number of
PSUs
Weighted-Average
Grant Date
Fair Value
Balance at December 31, 2025172,611 $177.12 
Granted148,674 $135.18 
Vested— $— 
Other (1)
40,523 $52.01 
Forfeited(14,784)$157.19 
Balance at September 30, 2026347,024 $157.74 
(1)    Represents PSUs that are vested and undistributed.
 
Schedule of Share-Based Payment Award, Equity Instruments Other Than Options, Valuation Assumptions
The following table provides a range of the assumptions for PSUs granted in 2026:
Nine Months Ended September 30,
2026
Expected volatility32.66%–37.11%
Risk free interest rate3.60%–4.23%
Expected term (in years)2.39–2.90
Grant date fair value of units granted$132.81–$168.97
The following table provides a summary of the assumptions for PSUs granted in 2025:
Nine Months Ended September 30,
2025
Expected volatility32.78%
Risk free interest rate4.14%
Expected term (in years)2.90
Grant date fair value of units granted$221.54