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Stock Plans | 9 Months Ended
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Sep. 30, 2015
Stock Plans | Note 10. Stock Plans Stock Options: Stock option activity consisted of the following:
|  | Shares Subject to Option |  |  | Weighted-Average Exercise or Grant Price Per Share |  |  | Aggregate Intrinsic Value |
Balance at January 1, 2015 |  |  | 56,431,551 |  |  | $ | 24.19 |  |  | $ | 685 million |
Annual grants to eligible employees |  |  | 8,899,530 |  |  |  | 36.94 |  |  |  |  |
Additional options granted |  |  | 880,500 |  |  |  | 35.70 |  |  |  |  |
Total options granted |  |  | 9,780,030 |  |  |  | 36.83 |  |  |  |  |
Options exercised |  |  | (5,573,601 | ) |  |  | 23.03 |  |  | $ | 88 million |
Options cancelled |  |  | (2,435,433 | ) |  |  | 32.21 |  |  |  |  |
Balance at September 30, 2015 |  |  | 58,202,547 |  |  |  | 26.09 |  |  | $ | 233 million |
Restricted Stock, Deferred Stock Units and Performance Share Units: Restricted stock, deferred stock unit and performance share unit activity consisted of the following:
|  | Number of Shares |  |  | Grant Date |  | Weighted-Average Fair Value Per Share |  |  | Weighted-Average Aggregate Fair Value |
Balance at January 1, 2015 |  |  | 10,582,640 |  |  |  |  | $ | 28.56 |  |  |  |  |
Annual grants to eligible employees: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Performance share units |  |  | 1,598,290 |  |  | Feb. 18, 2015 |  |  | 36.94 |  |  |  |  |
Restricted stock |  |  | 386,910 |  |  | Feb. 18, 2015 |  |  | 36.94 |  |  |  |  |
Deferred stock units |  |  | 866,640 |  |  | Feb. 18, 2015 |  |  | 36.94 |  |  |  |  |
Additional shares granted (1) |  |  | 845,809 |  |  | Various |  |  | 37.44 |  |  |  |  |
Total shares granted |  |  | 3,697,649 |  |  |  |  |  | 37.05 |  |  | $ | 137 million |
Vested |  |  | (3,442,710 | ) |  |  |  |  | 37.18 |  |  | $ | 128 million |
Forfeited |  |  | (1,160,533 | ) |  |  |  |  | 32.17 |  |  |  |  |
Balance at September 30, 2015 |  |  | 9,677,046 |  |  |  |  |  | 28.31 |  |  |  |  |
| (1) | Includes performance share units, restricted stock and deferred stock units.
Share Repurchase Program: During 2013, our Board of Directors authorized the repurchase of $7.7 billion of our Common Stock through December 31, 2016. On July 29, 2015, our Finance Committee, with authorization delegated from our Board of Directors, approved an increase of $6.0 billion in the share repurchase plan, raising the authorization to $13.7 billion of Common Stock repurchases, and extended the program through December 31, 2018. Repurchases under the program are determined by management and are wholly discretionary. During the nine months ended September 30, 2015, we repurchased 79.7 million shares of Common Stock at an average cost of $38.69 per share, or an aggregate cost of $3.1 billion, of which $3.0 billion was paid during the period. All share repurchases were funded through available cash and commercial paper issuances. Through September 30, 2015, we have repurchased $7.7 billion of shares ($3.1 billion in the first nine months of 2015, $1.9 billion in 2014 and $2.7 billion in 2013) and we have $6.0 billion in remaining share repurchase capacity.

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- Definition The entire disclosure for accounts comprising shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income, and compensation-related costs for equity-based compensation. Includes, but is not limited to, disclosure of policies, compensation plan details, equity-based arrangements to obtain goods and services, deferred compensation arrangements, and employee stock purchase plan details. + References No definition available. + Details
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