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Stock Options and Other Stock Based Compensation (Tables)

12 Months Ended

Dec. 31, 2014

Stock Options and Other Stock Based Compensation

Summary of option activity

Number of Shares (thousands)

Weighted Average Exercise Price (per share)

Weighted Average Remaining Contractual Term (years)

Aggregate Intrinsic Value

Options outstanding at January 1, 2014

2,421

$

25.50

Granted

346

33.38

Exercised

(231

)

21.43

Forfeited or expired

(115

)

29.43

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Options outstanding at December 31, 2014

2,421

26.83

3.1

$

12

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Options vested or expected to vest at December 31, 2014

2,389

$

26.80

3.0

$

12

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Options exercisable at December 31, 2014

1,595

$

24.14

2.0

$

11

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Additional information related to stock options

		2014			2013			2012
Weighted average grant-date fair value of options granted (per share)		$	13.17		$	12.39		$	10.63
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Aggregate intrinsic value of options exercised		$	3		$	16		$	3
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Aggregate cash received from options exercised		$	5		$	24		$	4
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Schedule of weighted average assumptions used to estimate the fair value of each option grant on the date of grant using the Black-Scholes option pricing model

		2014			2013			2012
Expected life of options (years)			5.00			5.00			4.75
Expected stock price volatility			43.0	%		55.3	%		56.6	%
Risk-free interest rate			1.6	%		0.9	%		0.8	%
Expected dividend yield			0.0	%		0.0	%		0.0	%

Restricted shares and restricted share units activity

		Number of Restricted Shares (thousands)			Weighted Average Grant-Date Fair Value (per share)
Nonvested at January 1, 2014			457		$	24.14
Granted			213			33.36
Vested			(153	)		26.45
Forfeited			(30	)		27.39
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Nonvested at December 31, 2014			487			27.25
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Awards granted during 2013					$	26.49
Awards granted during 2012					$	22.39

		2014			2013			2012
Total fair value of shares vested		$	5		$	5		$	5
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Performance vested restricted share unit activity

		Number of Performance Vested Restricted Shares Units (thousands)			Weighted Average Grant-Date Fair Value (per unit)
Nonvested at January 1, 2014			882		$	25.49
Granted			273			33.41
Vested			(56	)		29.67
Forfeited/Cancelled			(196	)		28.64
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Nonvested at December 31, 2014			903			26.94
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Awards granted during 2013					$	26.10
Awards granted during 2012					$	22.50

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