1.0.0.3 false Stock-Based Compensation false 1 $ false false Shares Standard http://www.xbrl.org/2003/instance shares xbrli 0 USD Standard http://www.xbrl.org/2003/iso4217 USD iso4217 0 USDEPS Divide http://www.xbrl.org/2003/iso4217 USD iso4217 http://www.xbrl.org/2003/instance shares xbrli 0 2 Stock-Based Compensation [Abstract] 0 wat_StockBasedCompensationAbstract wat false na duration string Stock-Based Compensation [Abstract] false false false false false true false false false 1 false false 0 0 false false Stock-Based Compensation [Abstract] false 3 Stock-based Compensation 1 us-gaap_DisclosureOfCompensationRelatedCostsShareBasedPaymentsTextBlock us-gaap true na duration string No definition available. false false false false false false false false false 1 false false 0 0 <div><div><a name="_AUC82b44a56b1244db4ad0af3a04c7d0720">12  Stock-Based Compensation</a>   In May 2003, the Company’s shareholders approved the Company’s 2003 Equity Incentive Plan (“2003 Plan”). As of December 31, 2009, the 2003 Plan has 3.0 million shares available for granting in the form of incentive or non-qualified stock options, stock appreciation rights (“SARs”), restricted stock, restricted stock units or other types of awards. The Company issues new shares of common stock upon exercise of stock options or restricted stock unit conversion. Under the 2003 Plan, the exercise price for stock options may not be less than the fair market value of the underlying stock at the date of grant. The 2003 Plan is scheduled to terminate on March 4, 2013. Options generally will expire no later than 10 years after the date on which they are granted and will become exercisable as directed by the Compensation Committee of the Board of Directors and generally vest in equal annual installments over a five-year period. A SAR may be granted alone or in conjunction with an option or other award. Shares of restricted stock and restricted stock units may be issued under the 2003 Plan for such consideration as is determined by the Compensation Committee of the Board of Directors. No award of restricted stock may have a restriction period of less than three years except as may be recommended by the Compensation Committee of the Board of Directors, or with respect to any award of restricted stock which provides solely for a performance-based risk of forfeiture so long as such award has a restriction period of at least one year. As of December 31, 2009, the Company had stock options, restricted stock and restricted stock unit awards outstanding.   In February 2009, the Company adopted its 2009 Employee Stock Purchase Plan under which eligible employees may contribute up to 15% of their earnings toward the quarterly purchase of the Company’s common stock. The plan makes available 0.9 million shares of the Company’s common stock, which includes the remaining shares available under the 1996 Employee Stock Purchase Plan. As of December 31, 2009, 0.9 million shares have been issued under both the 2009 and 1996 Employee Stock Purchase Plans. Each plan period lasts three months beginning on January 1, April 1, July 1 and October 1 of each year. The purchase price for each share of stock is the lesser of 90% of the market price on the first day of the plan period or 100% of the market price on the last day of the plan period. Stock-based compensation expense related to this plan was $1 million, $1 million and less than $1 million for each of the years ended December 31, 2009, 2008 and 2007.   The Company accounts for stock-based compensation costs in accordance with the accounting standards for stock-based compensation, which requires that all share-based payments to employees be recognized in the statements of operations based on their fair values. The Company recognizes the expense using the straight-line attribution method. The stock-based compensation expense recognized in the consolidated statements of operations is based on awards that ultimately are expected to vest; therefore, the amount of expense has been reduced for estimated forfeitures. This accounting standard requires forfeitures to be estimated at the time of grant and revised, if necessary, in subsequent periods if actual forfeitures differ from those estimates. Forfeitures were estimated based on historical experience. If actual results differ significantly from these estimates, stock-based compensation expense and the Company’s results of operations could be materially impacted. In addition, if the Company employs different assumptions in the application of this accounting standard, the compensation expense that the Company records in the future periods may differ significantly from what the Company has recorded in the current period.   The consolidated statements of operations for the years ended December 31, 2009, 2008 and 2007 include the following stock-based compensation expense related to stock option awards, restricted stock, restricted stock unit awards and the employee stock purchase plan (in thousands):   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Times New Roman'; border-collapse: separate;"> <tr> <td width="514" valign="bottom" style="width: 308.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">   </td> <td width="90" valign="bottom" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">         2009         </td> <td width="90" valign="bottom" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">         2008         </td> <td width="90" valign="bottom" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">         2007         </td> </tr> <tr> <td width="514" valign="top" style="width: 308.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Cost of sales....................................................................................................... </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$        2,767 </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$        2,980 </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$        3,352 </td> </tr> <tr> <td width="514" valign="top" style="width: 308.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Selling and administrative expenses.............................................................. </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">        21,941 </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">        23,164 </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">        21,225 </td> </tr> <tr> <td width="514" valign="top" style="width: 308.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Research and development expenses............................................................ </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">          3,547 </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">          4,638 </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">          4,278 </td> </tr> <tr> <td width="514" valign="top" style="width: 308.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> </tr> <tr> <td width="514" valign="top" style="width: 308.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Total stock-based compensation.................................................................... </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$      28,255 </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$      30,782 </td> <td width="90" valign="top" style="width: .75in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$      28,855 </td> </tr> </table>   As of both December 31, 2009 and 2008, the Company has capitalized stock-based compensation costs of less than $1 million in inventory in the consolidated balance sheets. As of December 31, 2009 and 2008, the Company has capitalized stock-based compensation costs of $3 million and $2 million, respectively, in capitalized software in the consolidated balance sheets.   Stock Option Plans   In determining the fair value of the stock options, the Company makes a variety of assumptions and estimates, including volatility measures, expected yields and expected stock option lives. The fair value of each option grant was estimated on the date of grant using the Black-Scholes option pricing model. The Company uses implied volatility on its publicly traded options as the basis for its estimate of expected volatility. The Company believes that implied volatility is the most appropriate indicator of expected volatility because it is generally reflective of historical volatility and expectations of how future volatility will differ from historical volatility. The expected life assumption for grants is based on historical experience for the population of non-qualified stock optionees. The risk-free interest rate is the yield currently available on U.S. Treasury zero-coupon issues with a remaining term approximating the expected term used as the input to the Black-Scholes model. The relevant data used to determine the value of the stock options granted in 2009, 2008 and 2007 are as follows:   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Times New Roman'; border-collapse: separate;"> <tr> <td width="424" valign="top" style="width: 254.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> Options Issued and Significant Assumptions Used to Estimate Option Fair Values </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">      2009         </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">      2008         </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">       2007        </td> </tr> <tr> <td width="424" valign="top" style="width: 254.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Options issued in thousands............................................................................... </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">     608 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">     583 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">      516 </td> </tr> <tr> <td width="424" valign="top" style="width: 254.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Risk-free interest rate.......................................................................................... </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">      2.9% </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">      2.1% </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">       3.8% </td> </tr> <tr> <td width="424" valign="top" style="width: 254.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Expected life in years.......................................................................................... </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">      6.0 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">      6.0 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">       6.0 </td> </tr> <tr> <td width="424" valign="top" style="width: 254.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Expected volatility............................................................................................... </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">    .305 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">    .557 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">      .291 </td> </tr> <tr> <td width="424" valign="top" style="width: 254.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Expected dividends.............................................................................................. </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">       — </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">      — </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">        — </td> </tr> </table>   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Times New Roman'; border-collapse: separate;"> <tr> <td width="499" valign="top" style="width: 299.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> Weighted-average Exercise Price and Fair Values of Options on the Date of Grant </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">        2009       </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">        2008       </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">        2007       </td> </tr> <tr> <td width="499" valign="top" style="width: 299.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Exercise price........................................................................................................... </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$      58.46 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$      42.91 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$      75.29 </td> </tr> <tr> <td width="499" valign="top" style="width: 299.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">Fair value.................................................................................................................. </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$      20.65 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$      22.69 </td> <td width="60" valign="top" style="width: .5in; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">$      27.33 </td> </tr> </table>   During 2009, 2008 and 2007, the total intrinsic value of the stock options exercised (i.e., the difference between the market price at exercise and the price paid by the employee to exercise the options) was $13 million, $26 million and $98 million, respectively. The total cash received from the exercise of these stock options was $16 million, $25 million and $89 million for the years ended December 31, 2009, 2008 and 2007, respectively.   As of December 31, 2009, 2008 and 2007, there were $36 million, $41 million and $51 million of total unrecognized compensation costs related to unvested stock option awards. These costs are expected to be recognized over a weighted-average period of 3.4 years.   The following table details the weighted-average remaining contractual life of options outstanding at December 31, 2009 by range of exercise prices (in thousands, except per share data):   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Times New Roman'; border-collapse: separate;"> <tr> <td width="177" valign="bottom" style="width: 106.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">   <h3 align="left" style="margin: 0in; margin-bottom: .0001pt; text-align: left; line-height: 93%; text-autospace: none; font-size: 8.0pt; font-family: 'Times New Roman'; margin-right: 30.95pt; text-indent: .45pt;">            Exercise</h3> <h2 align="left" style="margin: 0in; margin-bottom: .0001pt; text-align: left; line-height: 93%; text-autospace: none; font-size: 8.0pt; font-family: 'Times New Roman'; text-decoration: underline; text-underline: single; margin-right: 30.95pt; text-indent: .45pt;">        Price Range      </h2> </td> <td width="136" valign="bottom" style="width: 81.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">     Number of Shares <h4 style="margin: 0in; margin-bottom: .0001pt; text-indent: 3.05pt; line-height: 93%; text-autospace: none; font-size: 8.0pt; font-family: 'Times New Roman'; text-decoration: underline; text-underline: single;">      Outstanding    </h4> </td> <td width="107" valign="bottom" style="width: 64.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">       Weighted        Average Exercise Price </td> <td width="145" valign="bottom" style="width: 86.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">            Remaining    Contractual Life of   Options Outstanding </td> <td width="128" valign="bottom" style="width: 76.95pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">     Number of Shares <h5 style="margin: 0in; margin-bottom: .0001pt; text-indent: 1.7pt; line-height: 93%; text-autospace: none; font-size: 8.0pt; font-family: 'Times New Roman'; text-decoration: underline; text-underline: single;">       Exercisable      </h5> </td> <td width="95" valign="bottom" style="width: 56.9pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">       Weighted        Average Exercise Price </td> </tr> <tr> <td width="177" valign="bottom" style="width: 106.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">$21.05 to $38.99 </td> <td width="136" valign="bottom" style="width: 81.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">         2,513 </td> <td width="107" valign="bottom" style="width: 64.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">    $  32.65 </td> <td width="145" valign="bottom" style="width: 86.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">             3.7 </td> <td width="128" valign="bottom" style="width: 76.95pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">         2,373 </td> <td width="95" valign="bottom" style="width: 56.9pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">    $  32.29 </td> </tr> <tr> <td width="177" valign="bottom" style="width: 106.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">$39.00 to $59.99 </td> <td width="136" valign="bottom" style="width: 81.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">         3,086 </td> <td width="107" valign="bottom" style="width: 64.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">    $  48.76 </td> <td width="145" valign="bottom" style="width: 86.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">             7.0 </td> <td width="128" valign="bottom" style="width: 76.95pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">         1,811 </td> <td width="95" valign="bottom" style="width: 56.9pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">    $  47.14 </td> </tr> <tr> <td width="177" valign="bottom" style="width: 106.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">$60.00 to $80.97 </td> <td width="136" valign="bottom" style="width: 81.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">         1,258 </td> <td width="107" valign="bottom" style="width: 64.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">    $  74.52 </td> <td width="145" valign="bottom" style="width: 86.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">             3.7 </td> <td width="128" valign="bottom" style="width: 76.95pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">            954 </td> <td width="95" valign="bottom" style="width: 56.9pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">    $  73.46 </td> </tr> <tr> <td width="177" valign="bottom" style="width: 106.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">  </td> <td width="136" valign="bottom" style="width: 81.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">  </td> <td width="107" valign="bottom" style="width: 64.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">  </td> <td width="145" valign="bottom" style="width: 86.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">  </td> <td width="128" valign="bottom" style="width: 76.95pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">  </td> <td width="95" valign="bottom" style="width: 56.9pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">  </td> </tr> <tr> <td width="177" valign="bottom" style="width: 106.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">Total </td> <td width="136" valign="bottom" style="width: 81.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">         6,857 </td> <td width="107" valign="bottom" style="width: 64.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">    $  47.58 </td> <td width="145" valign="bottom" style="width: 86.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">             5.2 </td> <td width="128" valign="bottom" style="width: 76.95pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">         5,138 </td> <td width="95" valign="bottom" style="width: 56.9pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 93%; text-autospace: none; white-space: nowrap;">    $  45.17 </td> </tr> </table>   The following table summarizes stock option activity for the plans (in thousands, except per share data):   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Times New Roman'; border-collapse: separate;"> <tr> <td width="421" valign="top" style="width: 252.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">     </td> <td width="119" valign="bottom" style="width: 71.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">     Number of Shares </td> <td width="128" valign="bottom" style="width: 76.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">        Price per Share     </td> <td width="120" valign="bottom" style="width: 72.1pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> Weighted Average      Exercise Price     </td> </tr> <tr> <td width="421" valign="bottom" style="width: 252.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 5.05pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Outstanding at December 31, 2008....................................... </td> <td width="119" valign="bottom" style="width: 71.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">          6,835 </td> <td width="128" valign="bottom" style="width: 76.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="right" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: right; line-height: 94%; text-autospace: none; white-space: nowrap;">$ 21.05 to $80.97 </td> <td width="120" valign="bottom" style="width: 72.1pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">       $  45.44 </td> </tr> <tr> <td width="421" valign="bottom" style="width: 252.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 8.05pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Granted.................................................................................... </td> <td width="119" valign="bottom" style="width: 71.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">             608 </td> <td width="128" valign="bottom" style="width: 76.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="right" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: right; line-height: 94%; text-autospace: none; white-space: nowrap;">$ 38.09 to $59.44 </td> <td width="120" valign="bottom" style="width: 72.1pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">       $  58.46 </td> </tr> <tr> <td width="421" valign="bottom" style="width: 252.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 7.3pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Exercised................................................................................. </td> <td width="119" valign="bottom" style="width: 71.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">            (514) </td> <td width="128" valign="bottom" style="width: 76.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="right" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: right; line-height: 94%; text-autospace: none; white-space: nowrap;">$ 21.39 to $49.31 </td> <td width="120" valign="bottom" style="width: 72.1pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">       $  30.84 </td> </tr> <tr> <td width="421" valign="bottom" style="width: 252.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 7.3pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Cancelled................................................................................. </td> <td width="119" valign="bottom" style="width: 71.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">              (72) </td> <td width="128" valign="bottom" style="width: 76.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="right" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: right; line-height: 94%; text-autospace: none; white-space: nowrap;">$ 47.12 to $72.06 </td> <td width="120" valign="bottom" style="width: 72.1pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">       $  55.81 </td> </tr> <tr> <td width="421" valign="bottom" style="width: 252.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 7.3pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> <td width="119" valign="bottom" style="width: 71.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> <td width="128" valign="bottom" style="width: 76.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="right" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: right; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> <td width="120" valign="bottom" style="width: 72.1pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> </tr> <tr> <td width="421" valign="bottom" style="width: 252.3pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 5.05pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Outstanding at December 31, 2009....................................... </td> <td width="119" valign="bottom" style="width: 71.45pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">          6,857 </td> <td width="128" valign="bottom" style="width: 76.85pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="right" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: right; line-height: 94%; text-autospace: none; white-space: nowrap;">$ 21.05 to $80.97 </td> <td width="120" valign="bottom" style="width: 72.1pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">       $  47.58 </td> </tr> </table>   The aggregate intrinsic value of the outstanding stock options at December 31, 2009 was $114 million. Options exercisable at December 31, 2009, 2008 and 2007 were 5.1 million, 4.9 million and 4.7 million, respectively. The weighted-average exercise prices of options exercisable at December 31, 2009, 2008 and 2007 were $45.17, $43.18 and $40.77, respectively. The weighted-average remaining contractual life of the exercisable outstanding stock options at December 31, 2009 was 4.0 years.   At December 31, 2009, the Company had 6.8 million stock options which are vested and expected to vest. The intrinsic value, weighted-average price and remaining contractual life of the vested and expected to vest stock options were $114 million, $47.51 and 5.2 years, respectively, at December 31, 2009.   Restricted Stock   During each of the years ended December 31, 2009, 2008 and 2007, the Company granted eight thousand shares of restricted stock. The restrictions on these shares lapse at the end of a three-year period. The Company has recorded less than $1 million of compensation expense in each of the years ended December 31, 2009, 2008 and 2007 related to the restricted stock grants. The weighted-average fair value on the grant date of the restricted stock for 2009, 2008 and 2007 was $38.09, $76.75 and $48.88, respectively. As of December 31, 2009, the Company has 24 thousand unvested shares of restricted stock outstanding with a total of less than $1 million of unrecognized compensation costs. These costs are expected to be recognized over a weighted-average period of 1.5 years.   Restricted Stock Units   The following table summarizes the unvested restricted stock unit award activity (in thousands, except per share data):   <table class="MsoNormalTable" border="0" cellspacing="0" cellpadding="0" style="font-size: 10.0pt; font-family: 'Times New Roman'; border-collapse: separate;"> <tr> <td width="559" valign="top" style="width: 335.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">     </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">               Shares            </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;">   Weighted-Average              Price            </td> </tr> <tr> <td width="559" valign="bottom" style="width: 335.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 5.05pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Unvested at December 31, 2008.............................................................................. </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">             597 </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="center" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: center; line-height: 94%; text-autospace: none; white-space: nowrap;">$53.43 </td> </tr> <tr> <td width="559" valign="bottom" style="width: 335.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 8.05pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Granted....................................................................................................................... </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">             371 </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="center" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: center; line-height: 94%; text-autospace: none; white-space: nowrap;">$35.29 </td> </tr> <tr> <td width="559" valign="bottom" style="width: 335.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 7.3pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Vested......................................................................................................................... </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">            (154) </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="center" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: center; line-height: 94%; text-autospace: none; white-space: nowrap;">$52.00 </td> </tr> <tr> <td width="559" valign="bottom" style="width: 335.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 7.3pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Forfeited..................................................................................................................... </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">              (31) </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="center" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: center; line-height: 94%; text-autospace: none; white-space: nowrap;">$48.79 </td> </tr> <tr> <td width="559" valign="bottom" style="width: 335.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 7.3pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="center" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: center; line-height: 94%; text-autospace: none; white-space: nowrap;">  </td> </tr> <tr> <td width="559" valign="bottom" style="width: 335.35pt; padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 5.05pt; margin-left: 5.05pt; text-indent: -5.05pt; line-height: 94%; text-autospace: none; white-space: nowrap;">Unvested at December 31, 2009.............................................................................. </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; line-height: 94%; text-autospace: none; white-space: nowrap;">             783 </td> <td valign="bottom" style="padding: 0in 2.35pt 0in 2.35pt; border-top: 0px;"> <p class="MsoNormal" align="center" style="margin: 0in; margin-bottom: 1.0pt; font-size: 12.0pt; font-family: 'Times New Roman'; margin-top: 1.0pt; margin-right: 0in; margin-left: 0in; text-align: center; line-height: 94%; text-autospace: none; white-space: nowrap;">$45.30 </td> </tr> </table>   Restricted stock units are generally issued annually in February and vest in equal annual installments over a five-year period. The amount of compensation costs recognized for the years ended December 31, 2009, 2008 and 2007 on the restricted stock units expected to vest were $10 million, $8 million and $5 million, respectively. As of December 31, 2009, there were $25 million of total unrecognized compensation costs related to the restricted stock unit awards that are expected to vest. These costs are expected to be recognized over a weighted-average period of 3.2 years. </div></div> 12  Stock-Based Compensation   In May 2003, the Company’s shareholders approved the Company’s 2003 Equity Incentive Plan false false No definition available. No authoritative reference available. false false 1 2 false UnKnown UnKnown UnKnown false true