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Incentive Stock Programs | 6 Months Ended
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Jun. 30, 2016
Incentive Stock Programs |
Incentive Stock Programs | Note 8 — Incentive Stock Programs In the first six months of 2016, Abbott granted 7,699,301 stock options, 776,510 restricted stock awards and 7,341,273 restricted stock units under its incentive stock programs. At June 30, 2016, approximately 56 million shares were reserved for future grants. Information regarding the number of stock options outstanding and exercisable at June 30, 2016 is as follows:
|  | Outstanding |  | Exercisable |
Number of shares |  | 38,184,610 |  | 25,540,864 |
Weighted average remaining life (years) |  | 5.5 |  | 3.7 |
Weighted average exercise price |  | $ | 33.66 |  | $ | 30.05 |
Aggregate intrinsic value (in millions) |  | $ | 260 |  | $ | 252 |
The total unrecognized share-based compensation cost at June 30, 2016 amounted to approximately $280 million which is expected to be recognized over the next three years.

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