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Stock Incentive Plans
 12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Incentive Plans [Text Block]
Stock Incentive Plans
We grant to certain employees RSUs, RSAs, PSUs and stock options (collectively, stock incentive awards) under our 2016 Equity Incentive Plan, our 2014 Long-Term Incentive Plan and, prior to our 2014 Long-Term Incentive Plan, RSUs under our 2009 Long-Term Incentive Plan. Shares awarded under the plans are subject to forfeiture if the participant leaves the company for reasons other than those permitted under the plans such as retirement, death or disability.
 
 
 
 
 
 

RSU awards granted either cliff vest or ratably vest generally over a three-year service period, as defined in the terms of each award. PSU awards vest at the end of a three-year performance period, based on performance criteria determined by the Executive Compensation Committee of the Board of Directors at the time of award. The number of shares earned may equal, exceed or be less than the targeted number of shares depending on whether the performance criteria are met, surpassed or not met. Stock options granted expire 10 years from the grant date, with two-fifths of the award becoming exercisable approximately 19 months after the date of grant and the remainder vest ratably over the next three years based on the performance of our common stock relative to that of a specified peer group.

In connection with our acquisition described in Note 9, RSAs and PSUs were granted. The RSAs vest ratably, generally over a three-year service period. The PSUs are contingent upon achievement of specific technology and commercialization milestones.

Stock Incentive Awards
 
Stock Incentive Awards(a)
 
Shares
 
Weighted-Average Grant Date Fair Value
 
Weighted-Average Remaining Contractual Term in Years
Units outstanding at January 1, 2016
44.0

 
$
16.48

 
3.0
Granted
21.2

 
$
31.80

 
 
Settled
(8.4
)
 
$
33.18

 
 
Forfeited or expired
(1.7
)
 
$
22.45

 
 
Units outstanding at December 31, 2016
55.1

 
$
19.77

 
2.5

__________
(a)    Includes the target amount of PSUs.

Total compensation expense related to the above awards was $650 million, $446 million and $245 million in the years ended December 31, 2016, 2015 and 2014.
 
 
 
 
 
 

At December 31, 2016 the total unrecognized compensation expense for nonvested equity awards granted was $323 million. This expense is expected to be recorded over a weighted-average period of 2.4 years. The total fair value of stock incentive awards vested was $325 million, $228 million and $221 million in the years ended December 31, 2016, 2015 and 2014.