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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Assumptions Used in Options

The following assumptions were used during 2012, 2011 and 2010:

 

     Year Ended December 31,  
     2012     2011     2010  

Expected life (years)

     3.50-6.00       3.50-6.00       2.85-4.17  

Risk-free interest rate

     0.38-0.83 %      1.18-2.23 %      1.28-2.12 % 

Expected dividend yield

     0 %      0 %      0 % 

Expected volatility

     28.00-30.30 %      31.70-42.00 %      58.00-63.00 % 

Weighted average volatility

     28.56 %      33.42 %      60.05 % 
Summary of Stock Option Plan Activity

Nielsen’s stock option plan activity is summarized below:

 

     Number of Options
(Time Based and
Performance Based)
    Weighted-
Average
Exercise
Price
    Weighted-
Average
Remaining
Contractual
Term in
Years
     Aggregate
Intrinsic
Value in
Millions
 

Stock Option Plan activity

         

Outstanding at December 31, 2009

     16,354,797      $ 17.52        7.40       $ 29   
  

 

 

   

 

 

   

 

 

    

 

 

 

Granted

     1,094,353        18.76        

Forfeited

     (703,387 )      (20.46 )      

Exercised

     (625,554 )      (13.42 )      
  

 

 

   

 

 

   

 

 

    

 

 

 

Outstanding at December 31, 2010

     16,120,209        17.63        6.51       $ 77   
  

 

 

   

 

 

   

 

 

    

 

 

 

Granted

     4,307,002        30.00        

Forfeited

     (684,306 )      (20.96 )      

Exercised

     (1,160,878 )      (13.20 )      
  

 

 

   

 

 

   

 

 

    

 

 

 

Outstanding at December 31, 2011

     18,582,027      $ 20.65        5.77       $ 175   
  

 

 

   

 

 

   

 

 

    

 

 

 

Granted

     4,133,381        28.00        

Forfeited

     (655,034 )      (24.30 )      

Exercised

     (2,372,536 )      (14.64 )      
  

 

 

   

 

 

   

 

 

    

 

 

 

Outstanding at December 31, 2012

     19,687,838      $ 22.80        5.16       $ 156   
  

 

 

   

 

 

   

 

 

    

 

 

 

Exercisable at December 31, 2012

     9,986,984      $ 19.63        4.61       $ 112