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Share-Based Compensation
 6 Months Ended
Jun. 30, 2012
Share-Based Compensation  
Share-Based Compensation

Note 11: Share-Based Compensation

Our approach to long-term incentive compensation includes awarding stock options and restricted share units (“RSUs”) to certain employees and directors. We grant these awards under various plans. Additionally, through our employee stock purchase plans, employees are able to purchase shares of Comcast Class A common stock at a discount through payroll deductions.

In March 2012, we granted 21.8 million stock options and 5.7 million RSUs related to our annual management grant program. The weighted-average fair values associated with these grants were $7.38 per stock option and $27.43 per RSU.

Recognized Share-Based Compensation Expense
 Three Months EndedSix Months Ended
 June 30June 30
(in millions) 2012 2011 2012 2011
Stock options$ 38$ 34$ 67$56
Restricted share units  41  38  76 78
Employee stock purchase plans  3  3  8 6
Total$ 82$ 75$ 151$ 140

As of June 30, 2012, we had unrecognized pretax compensation expense related to nonvested stock options and nonvested RSUs of $385 million and $411 million, respectively.

For the three and six months ended June 30, 2012, the employee cost associated with participation in our employee stock purchase plans was satisfied with payroll deductions of $18 million and $36 million, respectively. For the three and six months ended June 30, 2011, the employee cost associated with participation in our employee stock purchase plans was satisfied with payroll deductions of $13 million and $28 million, respectively.