XML 52 R34.htm IDEA: XBRL DOCUMENT v3.3.1.900

Share-based Incentive Plans (Tables)

12 Months Ended

Dec. 31, 2015

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

Weighted Average Black-Scholes Assumptions

Based on the results of the model, the weighted-average grant date fair value of stock options granted for 2015, 2014, and 2013 were $63.40, $42.09 and $33.92, respectively, using the following assumptions:

Weighted Average Black-Scholes Assumptions		2015			2014			2013
Risk-free interest rate		1.5	%		1.5	%		0.9	%
Expected volatility		35.5	%		38.2	%		40.3	%
Expected dividend yield		1.4	%		1.8	%		1.8	%
Expected option life, in years		5			5			5

Summary of Stock Option Activity

The following table summarizes stock option activity during 2015:

In thousands, except per share data		Number of Options			Weighted- Average Exercise Price
Outstanding at January 1		2,115			$	88.62
Granted		282			213.14
Exercised		(417	)		90.99
Canceled or expired		(42	)		124.33
Outstanding at December 31		1,938			$	105.46
Exercisable at December 31		1,295			$	76.25

Summary of Additional Information Related to Stock Options Outstanding

The table below summarizes additional information related to stock options outstanding at December 31, 2015:

Options in thousands / dollars in millions, except share data		Outstanding Net of Expected Forfeitures				Options Exercisable
Number of options		1,852				1,295
Weighted-average exercise price per share		$	105.53			$	76.25
Aggregate intrinsic value		$	94			$	92
Weighted-average remaining contractual term, in years		6				5

Summary of Stock Unity Activity

The following table summarizes stock unit activity during 2015:

Stock units in thousands, except per-share data		Number of Stock Units			Weighted- Average Grant Date Fair Value
Non-vested, at January 1		1,104			$	90.34
Granted		341			155.37
Canceled		(53	)		121.42
Vested and transferred to unrestricted		(559	)		74.21
Non-vested, at December 31		833			$	125.71

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for share options (or share units) that were outstanding at the beginning and end of the year, vested and expected to vest, exercisable or convertible at the end of the year, and the number of share options or share units that were granted, exercised or converted, forfeited, and expired during the year.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the following for fully vested share options (or share units) and share options expected to vest at the date of the latest statement of financial position: the number, weighted-average exercise price (or conversion ratio), aggregate intrinsic value (except for nonpublic entities), and weighted-average remaining contractual term of options (or share units) currently exercisable (or convertible).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)(2)
-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901

+ Details

Name:	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsVestedAndExpectedToVestExercisableTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration