Stock Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2013

Our stock compensation expense for the three years ended December 31, 2013 is presented below ($000's omitted):



	2013		2012		2011
Stock options	$	1,056	$	2,617	$	5,228
Restricted stock (including RSUs and performance shares)	13,418		10,077		11,231
Long-term incentive plans	16,006		10,203		511
	$	30,480	$	22,897	$	16,970

Stock Option Activity Rollforward

A summary of stock option activity for the three years ended December 31, 2013 is presented below (000’s omitted except per share data):



	2013					2012					2011
	Shares			Weighted- Average Per Share Exercise Price		Shares			Weighted- Average Per Share Exercise Price		Shares			Weighted- Average Per Share Exercise Price
Outstanding, beginning of year	17,148			$	22	21,641			$	21	24,004			$	21
Granted	—			—		—			—		441			8
Exercised	(1,432		)	14		(2,877		)	11		—			—
Forfeited	(2,829		)	25		(1,616		)	27		(2,804		)	15
Outstanding, end of year	12,887			$	23	17,148			$	22	21,641			$	21
Options exercisable at year end	12,402			$	23	15,719			$	23	18,845			$	23
Weighted-average per share fair value of options granted during the year	$	—				$	—				$	4.46

Stock Options Weighted-average Remaining Contractual Lives

The following table summarizes information about the weighted-average remaining contractual lives of stock options outstanding and exercisable at December 31, 2013:



	Options Outstanding				Options Exercisable
	Number Outstanding (000's omitted)	Weighted- Average Remaining Contract Life (in years)	Weighted- Average Per Share Exercise Price		Number Exercisable (000's omitted)	Weighted- Average Per Share Exercise Price
$0.01 to $11.00	1,665	4.8	$	10	1,444	$	10
$11.01 to $18.00	4,659	5.5	12		4,395	12
$18.01 to $25.00	480	1.2	23		480	23
$25.01 to $35.00	3,894	2.0	31		3,893	31
$35.01 to $60.00	2,189	1.8	41		2,190	41
	12,887	3.6	$	23	12,402	$	23

Stock Options Weighted-average Assumptions

The fair value of each option grant issued in 2011 was estimated on the date of grant using primarily the Black-Scholes option pricing model with the following weighted-average assumptions:



	Weighted-Average Assumptions Year Ended December 31,
	2013	2012	2011
Expected life of options in years	N/A	N/A	6.2
Expected stock price volatility	N/A	N/A	58	%
Expected dividend yield	N/A	N/A	0.0	%
Risk-free interest rate	N/A	N/A	2.7	%

Restricted Stock, RSUs, and Performance Shares Activity Rollforward

A summary of restricted stock activity, including RSUs and performance shares, for the three years ended December 31, 2013 is presented below (000’s omitted, except per share data):



	2013				2012				2011
	Shares		Weighted- Average Per Share Grant Date Fair Value		Shares		Weighted- Average Per Share Grant Date Fair Value		Shares		Weighted- Average Per Share Grant Date Fair Value
Unvested at beginning of year	3,822		$	9	3,042		$	9	2,915		$	12
Granted	806		$	21	1,461		$	10	1,804		$	7
Vested	(1,391	)	$	11	(544	)	$	11	(1,434	)	$	12
Forfeited	(26	)	$	15	(137	)	$	10	(243	)	$	11
Unvested at end of year	3,211		$	11	3,822		$	9	3,042		$	9
Vested, end of year	60		$	12	51		$	10	120		$	11