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STOCK-BASED COMPENSATION.
9 Months Ended
Sep. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
STOCK-BASED COMPENSATION
STOCK-BASED COMPENSATION.

STOCK OPTIONS.

The following table summarizes the status of, and changes in, our stock options during the nine months ended September 30, 2018.  
 
Options
 
Weighted-
average
exercise
price
Outstanding at December 31, 2017
15,221,123

 
$
66.98

Exercised
(3,678,053
)
 
$
60.64

Forfeited
(46,490
)
 
$
75.96

Expired
(14,364
)
 
$
71.15

Outstanding at September 30, 2018
11,482,216

 
$
68.97

Exercisable at September 30, 2018
7,460,677

 
$
65.35



RESTRICTED SHARES AND STOCK UNITS.

The following table summarizes the status of, and changes in, our nonvested restricted shares and restricted stock units during the nine months ended September 30, 2018.
 
Restricted
shares
 
Restricted
stock
units
 
Weighted-average
fair value
Nonvested at December 31, 2017
473,115

 
5,556,911

 
$
82.37

Time-based grants
8,775

 
29,587

 
$
112.46

Vested
(20,580
)
 
(55,148
)
 
$
71.62

Forfeited
(8,092
)
 
(99,186
)
 
$
78.16

Nonvested at September 30, 2018
453,218

 
5,432,164

 
$
82.78



Nonvested at September 30, 2018, includes 7,200 performance-based restricted shares and 406,412 performance-based restricted stock units. These performance-based restricted shares and units include 7,200 restricted shares and 291,958 restricted stock units for which the performance period has lapsed, and the performance threshold has been met.

FUTURE STOCK-BASED COMPENSATION EXPENSE.

The following table presents the compensation expense (in millions) to be recognized over the remaining vesting periods of the stock-based awards outstanding at September 30, 2018. Estimated future compensation expense will change to reflect future grants of restricted stock awards and units, future option grants, changes in the probability of performance thresholds being met, and adjustments for actual forfeitures.
 
Fourth quarter 2018
$
40.4

2019
96.2

2020 through 2023
79.5

Total
$
216.1