XML 30 R17.htm IDEA: XBRL DOCUMENT
v3.19.2

STOCK-BASED COMPENSATION. | 6 Months Ended
--- | ---
Jun. 30, 2019
Share-based Payment Arrangement [Abstract] |
STOCK-BASED COMPENSATION | STOCK-BASED COMPENSATION. STOCK OPTIONS. The following table summarizes the status of, and changes in, our stock options during the six months ended June 30, 2019.
| Options |  | Weighted- average exercise price
Outstanding at December 31, 2018 | 11,300,393 |  |  | $ | 69.05 |
Exercised | (1,765,404 | ) |  | $ | 62.39 |
Forfeited | (86,456 | ) |  | $ | 76.68 |
Expired | (7,809 | ) |  | $ | 59.07 |
Outstanding at June 30, 2019 | 9,440,724 |  |  | $ | 70.23 |
Exercisable at June 30, 2019 | 7,485,674 |  |  | $ | 68.59 |
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 six months ended June 30, 2019.
| Restricted shares |  | Restricted stock units |  | Weighted-average fair value
Nonvested at December 31, 2018 | 136,964 |  |  | 6,603,920 |  |  | $ | 87.07 |
Time-based grants | 7,404 |  |  | 34,221 |  |  | $ | 100.03 |
Vested | (8,710 | ) |  | (55,360 | ) |  | $ | 97.65 |
Forfeited | (7,119 | ) |  | (269,073 | ) |  | $ | 87.81 |
Nonvested at June 30, 2019 | 128,539 |  |  | 6,313,708 |  |  | $ | 87.02 |
Nonvested at June 30, 2019, includes 2,400 performance-based restricted shares and 450,727 performance-based restricted stock units. These nonvested performance-based restricted shares and units include 2,400 restricted shares and 289,906 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 to be recognized over the remaining vesting periods of the stock-based awards outstanding at June 30, 2019. 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.
(in millions) |
Third quarter 2019 | $ | 48.9 |
Fourth quarter 2019 | 43.9 |
2020 | 100.7 |
2021 through 2024 | 80.3 |
Total | $ | 273.8 |

X
- Definition The entire disclosure for share-based payment arrangement. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration