XML 44 R34.htm IDEA: XBRL DOCUMENT v3.21.2
Note 12 - Equity Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2021
Notes Tables  
Share-based Payment Arrangement, Option, Activity [Table Text Block]
   

Stock Option

   

Restricted Stock

   

PSU

 
   

Number of Options

   

Weighted Average Exercise Price

   

Aggregate Intrinsic Value

   

Number of Shares

   

Weighted Average Grant Date Fair Value Per Share

   

Number of Shares

   

Weighted Average Grant Date Fair Value Per Share

 
                   

(in millions)

                                 

Outstanding at December 31, 2020

    5,611,777     $ 98.28     $ 613.4       390,054     $ 131.63       145,609     $ 170.75  

Granted

    748,936     $ 189.26               155,500     $ 188.74       59,144     $ 210.07  

Dividend reinvestment

        $                   $       773       N/A  

Exercised or lapsed

    (572,213 )   $ 78.63     $ 60.4       (165,065 )   $ 121.03       (42,610 )   $ 140.70  

Canceled, expired or forfeited

    (129,363 )   $ 153.70               (23,890 )   $ 156.44                

Outstanding at September 30, 2021

    5,659,137     $ 111.03     $ 505.0       356,599     $ 159.62       162,916     $ 192.99  

Exercisable at September 30, 2021

    3,765,059     $ 86.31     $ 429.1                                  

Exercisable at December 31, 2020

    3,494,164     $ 76.84     $ 456.9                                  

Nonvested at September 30, 2021

    1,894,078                       356,599               162,916          

Expected to vest at September 30, 2021

    1,681,038                       319,534               135,055  (1)        
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
   

2021

   

2020

 

Option pricing model

    Black-Scholes       Black-Scholes  

Expected volatility

    23.66 %     18.41 %

Risk-free interest rate

    0.39 %     1.53 %

Expected term in years

    4.3       4.3  

Dividend yield

    0.63 %     0.71 %

Weighted average grant date fair value per stock option

  $ 35.14     $ 25.77