Long-Term Compensation (Tables)

9 Months Ended

Sep. 30, 2014

Stock Options, RSU and Performance Share Awards

The activity for the nine months ended September 30, 2014, with respect to our RSU and performance share awards, was as follows (number of shares in thousands):

Number of
Awards

Weighted Average
Grant-Date Fair Value

Number of
Awards Vested

Balance at December 31, 2013

2,266

Granted (1)

1,333

Vested and distributed

(1,019

)

Forfeited

(54

)

Balance at September 30, 2014

2,526

39.39

106

(1)	All awards granted during the period were in the form of RSUs and generally vest over three years.

RSU and PSA [Member]

Stock Options, RSU and Performance Share Awards

The activity for the nine months ended September 30, 2014, with respect to our stock options, was as follows (number of options in thousands):

Options Outstanding

Number of Options

Weighted Average
Exercise Price

Options
Exercisable

Balance at December 31, 2013

6,253

Exercised

(548

)

Forfeited / Expired

(193

)

Balance at September 30, 2014

5,512

34.74

5,511

- 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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