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Stock Plans (Tables)
3 Months Ended
Mar. 31, 2016
Stock Options Activity

Stock option activity is reflected below:

 

                                                                           
     Shares Subject
to Option
     Weighted-
Average

Exercise or
Grant Price
Per Share
     Average
Remaining
Contractual
Term
     Aggregate
Intrinsic
Value
 

Balance at January 1, 2016

     57,034,108         26.12         6 years       $ 229 million   
  

 

 

          

Annual grant to eligible employees

     7,517,290         39.70         

Additional options issued

     77,190         42.93         
  

 

 

          

Total options granted

     7,594,480         39.73         

Options exercised

     (1,719,156      24.45          $ 28 million   

Options cancelled

     (487,243      34.42         
  

 

 

          

Balance at March 31, 2016

     62,422,189         27.75         6 years       $ 281 million   
  

 

 

          
Deferred stock unit, performance share unit and restricted stock  
Deferred Stock Unit, Performance Share Unit and Restricted Stock Activity

Our deferred stock unit, performance share unit and restricted stock activity is reflected below:

 

                                                                           
     Number of
Shares
     Grant Date      Weighted-Average
Fair Value

Per Share
     Weighted-Average
Aggregate

Fair Value
 

Balance at January 1, 2016

     9,418,216          $ 28.00      
  

 

 

          

Annual grant to eligible employees:

        Feb. 22, 2016         

Performance share units

     1,406,500            39.70      

Deferred stock units

     1,040,790            39.70      

Additional shares granted (1)

     624,378         Various         26.56      
  

 

 

          

Total shares granted

     3,071,668            37.03       $ 114 million   

Vested (2)

     (3,675,455         39.95       $ 147 million   

Forfeited (2)

     (297,220         35.41      
  

 

 

          

Balance at March 31, 2016

     8,517,209            25.84      
  

 

 

          

 

  (1) Includes performance share units and deferred stock units.
  (2) Includes performance share units, deferred stock units and historically granted restricted stock.