Long-Term Compensation (Tables)

12 Months Ended

Dec. 31, 2013

The activity for the year ended December 31, 2013 with respect to our RSU and PSA awards was as follows:


	Number of Shares		Weighted Average Grant-Date Fair Value		Number of Shares Vested
Balance at January 1, 2013		1,999,348	$	32.28		47,680

Granted		1,288,457		40.24
Vested		(939,464)		31.86
Forfeited		(81,898)		36.66

Balance at December 31, 2013		2,266,443	$	36.82		79,306

Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions

We used the following assumptions:



Expected volatility		25-55%
Weighted average volatility		44.6%
Expected dividends		3.73%
Expected term (in years)		1-6
Risk-free rate		0.19-1.92%

Restricted Stock [Member]

Non-Vested Share Options

The activity for the year ended December 31, 2013, with respect to our unvested restricted stock was as follows:


	Number of Shares		Weighted Average Grant-Date Fair Value
Balance at January 1, 2013		687,277	$	34.03
Vested		(391,790)		34.05
Forfeited		(18,326)		34.07

Balance at December 31, 2013		277,161	$	34.00

RSU and PSA [Member]

Stock Options, RSU and PSA Awards

The activity for the year ended December 31, 2013, with respect to our stock options was as follows:

Options Outstanding

Options Exercisable

Number of Options

Weighted Average
Exercise

Price

Number of
Options

Weighted

Average Exercise

Price

Weighted

Average Life

(in years)

Balance at January 1, 2013

7,513,217

37.02

Exercised

(869,443)

30.69

Forfeited/Expired

(390,277)

67.99

Balance at December 31, 2013

6,253,497

35.97

6,120,224

36.04

4.3

- 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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