XML 63 R44.htm IDEA: XBRL DOCUMENT v2.4.0.8
Capital Stock (Tables)
 12 Months Ended
Dec. 31, 2013
Capital [Abstract]  
Summary Of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2013 is as follows:
 
Number of
Shares
 
Weighted-Average
Option Price per
Share
 
Weighted-Average
Remaining
Contractual Life
(Years)
 
Aggregate
Intrinsic
Value
Outstanding at January 1, 2013
17.8

 
$
64.67

 
 
 
 
Granted
2.0

 
62.55

 
 
 
 
Exercised
(8.4
)
 
62.34

 
 
 
 
Forfeited or expired
(1.4
)
 
70.77

 
 
 
 
Outstanding at December 31, 2013
10.0

 
65.38

 
3.3
 
$
270.9

Exercisable at December 31, 2013
7.6

 
66.04

 
2.6
 
$
199.9
Nonvested Restricted Stock Activity Including Restricted Stock Units
A summary of the status of nonvested restricted stock activity, including restricted stock units, for the year ended December 31, 2013 is as follows:
 
Restricted
Stock Shares
and Units
 
Weighted-Average
Grant Date
Fair Value
per Share
Nonvested at January 1, 2013
2.6

 
$
63.87

Granted
2.7

 
63.06

Vested
(0.6
)
 
59.95

Forfeited
(0.5
)
 
64.84

Nonvested at December 31, 2013
4.2

 
63.83
Fair Values Of Options Granted During The Period Estimated Using Weighted-Average Assumptions
The following weighted-average assumptions were used to estimate the fair values of options granted during the years ended December 31:
 
2013
 
2012
 
2011
Risk-free interest rate
1.25
%
 
1.41
%
 
2.84
%
Volatility factor
35.00
%
 
34.00
%
 
34.00
%
Dividend yield (annual)
2.40
%
 
1.60
%
 
1.50
%
Weighted-average expected life (years)
4.0

 
4.1

 
4.0
Schedule Of Weighted-Average Fair Values Determined For The Periods
The following weighted-average fair values were determined for the years ending December 31:
 
2013
 
2012
 
2011
Options granted during the year
$
14.64

 
$
16.50

 
$
17.84

Restricted stock and stock awards granted during the year
63.06

 
65.91

 
66.16
Cash Dividend Activity
A summary of the cash dividend activity for the years ended December 31, 2013 and 2012 is as follows: 
Declaration Date
 
Record Date
 
Payment Date
 
Cash Dividend per
Share
 
Total
Year Ended December 31, 2013
 
 
 
 
 
 
 
 
February 20, 2013
 
March 8, 2013
 
March 25, 2013
 
$
0.3750

 
$
113.4

May 15, 2013
 
June 10, 2013
 
June 25, 2013
 
0.3750

 
112.7

July 23, 2013

September 10, 2013

September 25, 2013
 
0.3750

 
111.4

October 22, 2013
 
December 9, 2013
 
December 23, 2013
 
0.3750

 
110.5

 
 
 
 
 
 
 
 
 
Year Ended December 31, 2012
 
 
 
 
 
 
 
 
January 24, 2012
 
March 9, 2012
 
March 23, 2012
 
$
0.2875

 
$
95.8

May 16, 2012
 
June 8, 2012
 
June 25, 2012
 
0.2875

 
93.5

July 24, 2012
 
September 10, 2012
 
September 25, 2012
 
0.2875

 
90.7

November 6, 2012
 
December 7, 2012
 
December 21, 2012
 
0.2875

 
87.1
Share Repurchases
A summary of common stock repurchases for the period January 1, 2014 through February 7, 2014 (subsequent to December 31, 2013) and for the years ended December 31, 2013 and 2012 is as follows:
 
January 1, 2014
through
February 7, 2014
 
Years Ended December 31
 
2013
 
2012
Shares repurchased
5.4

 
20.7

 
39.7

Average price per share
$
84.96

 
$
78.08

 
$
62.96

Aggregate cost
$
457.6

 
$
1,620.1

 
$
2,496.8

Authorization remaining at the end of each period
$
2,633.4

 
$
3,691.0

 
$
1,836.9