XML 23 R26.htm IDEA: XBRL DOCUMENT v2.3.0.15
STOCK-BASED COMPENSATION (Tables)
3 Months Ended
Sep. 30, 2011
STOCK-BASED COMPENSATION 
Schedule of stock based compensation expense and related income tax benefits

 

 

Three Months Ended
September 30

 

(In millions)

 

2011

 

2010

 

 

 

 

 

 

 

Compensation expense

 

$

45.4

 

$

30.6

 

Income tax benefit

 

14.9

 

10.1

 

Summary of stock option programs

 

 

(Shares in thousands)

 

Shares

 

Weighted
Average
Exercise
Price Per
Share

 

Aggregate
Intrinsic
Value 
(1)
(in millions)

 

Weighted
Average
Contractual Life
Remaining in
Years

 

 

 

 

 

 

 

 

 

 

 

Outstanding at June 30, 2011

 

8,486.2

 

$

45.73

 

 

 

 

 

Granted at fair value

 

1,647.7

 

98.17

 

 

 

 

 

Exercised

 

(91.7

)

39.67

 

 

 

 

 

Expired

 

(0.9

)

42.68

 

 

 

 

 

Forfeited

 

(19.9

)

54.71

 

 

 

 

 

Outstanding at September 30, 2011

 

10,021.4

 

54.39

 

$

352.3

 

7.2

 

 

 

 

 

 

 

 

 

 

 

Vested and expected to vest at September 30, 2011

 

9,880.9

 

54.07

 

$

350.0

 

7.1

 

 

 

 

 

 

 

 

 

 

 

Exercisable at September 30, 2011

 

4,092.2

 

41.19

 

$

190.9

 

5.0

 

 

 

(1)             The intrinsic value of a stock option is the amount by which the market value of the underlying stock exceeds the exercise price of the option.

Summary of the per-share weighted average grant date fair value of stock options granted and total intrinsic value of stock options exercised

 

 

 

Three Months Ended
September 30

 

(In millions, except per share data)

 

2011

 

2010

 

 

 

 

 

 

 

Per-share weighted average grant date fair value of stock options granted

 

$

34.68

 

$

18.81

 

 

 

 

 

 

 

Intrinsic value of stock options exercised

 

$

5.5

 

$

7.7

 

Schedule of fair value option pricing assumptions

 

 

 

Three Months Ended
September 30

 

 

 

2011

 

2010

 

 

 

 

 

 

 

Weighted-average expected stock-price volatility

 

35

%

31

%

Weighted-average expected option life

 

8 years

 

8 years

 

Average risk-free interest rate

 

1.7

%

2.2

%

Average dividend yield

 

1.0

%

1.1

%

Summary of the status of performance share units, (PSUs) and activity

 

 

 

 

 

 

Weighted-Average

 

 

 

 

 

Grant Date

 

(Shares in thousands)

 

Shares

 

Fair Value Per
Share

 

 

 

 

 

 

 

Nonvested at June 30, 2011

 

349.9

 

$

46.71

 

Granted

 

130.0

 

97.14

 

Vested

 

 

 

Forfeited

 

 

 

Nonvested at September 30, 2011

 

479.9

 

60.37

 

Summary of the status of Restricted Stock Units (RSUs) and activity

 

 

 

 

 

Weighted-Average

 

 

 

 

 

Grant Date

 

(Shares in thousands)

 

Shares

 

Fair Value Per
Share

 

 

 

 

 

 

 

Nonvested at June 30, 2011

 

1,435.1

 

$

49.74

 

Granted

 

651.0

 

97.19

 

Vested

 

(39.8

)

33.50

 

Forfeited

 

(11.1

)

57.60

 

Nonvested at September 30, 2011

 

2,035.2

 

65.19

 

Summary of the status of share units and activity under the Non-Employee Director Share Incentive Plan

 

 

 

 

Weighted-Average

 

 

 

 

 

Grant Date

 

(Shares in thousands)

 

Shares

 

Fair Value Per
Share

 

 

 

 

 

 

 

Outstanding at June 30, 2011

 

29.2

 

$

42.45

 

Granted

 

 

 

Dividend equivalents

 

 

 

Converted

 

 

 

Outstanding at September 30, 2011

 

29.2

 

42.45