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LONG-TERM INCENTIVE EMPLOYEE COMPENSATION (Tables)

6 Months Ended

Jun. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Long-Term Incentive Employee Compensation Costs

The following table provides the components of these costs for the three and six months ended June 30, 2014 and 2013.



	Three Months				Six Months
For the Periods Ended June 30	2014		2013		2014		2013
Equity-based awards	$	3.4	$	3.2	$	6.8	$	6.2
Liability-based awards	1.9		—		1.9		0.9
Total share-based compensation expense	$	5.3	$	3.2	$	8.7	$	7.1

Summary of Long-Term Incentive Plan Award Grants during year

The majority of our LTIP activity occurs during the first quarter of each year. The majority of LTIP grants occurred on March 4, 2014. During the six months ended June 30, 2014, we granted the following LTIP awards as provided in the table below:



	# of Awards Granted	Grant Date Fair Value
NQOs	0.2		$	11.93
RSUs	0.3		$	43.52
TSR	0.1		$	48.78
ROIC	0.1		$	42.20

Weighted Average Grant Date Fair Value Assumptions

The following table details the weighted average assumptions used to measure fair value and the resulting grant date fair value of NQOs granted during the first six months of 2014.



Dividend yield	1.0		%
Expected volatility	29.6		%
Expected life	5.8 years
Risk-free rates	1.8		%
Grant date fair value	$	11.93

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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