SHARE-BASED COMPENSATION (Tables)

3 Months Ended

Mar. 31, 2019

Schedule of Share-Based Compensation Activity

Share-based compensation activity during quarter-to-date 2019 included the following:

SHARES IN THOUSANDS	GRANTED	VESTED
Restricted Stock Units (RSUs)	894	599
Performance Share Units (PSUs)	421	153

Weighted Average Assumptions Used in Estimating the Value of Performance Share Units Granted

Weighted Average Assumptions Used in Estimating the Value of Performance Share Units Granted in 2019

	PERFORMANCE SHARE UNITS
Performance period	1/1/2019		–	12/31/2021
Valuation date average stock price(1)	$25.83
Expected dividends	5.25%
Risk-free rate	2.43	%	–	2.55%
Expected volatility	22.50	%	–	27.40%

(1) Calculated as an average of the high and low prices on grant date.