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Capital Stock (Tables)
3 Months Ended
Mar. 31, 2014
Capital [Abstract]  
Summary of Cash Dividend Activity
A summary of the cash dividend activity for the three months ended March 31, 2014 and 2013 is as follows: 
Declaration Date
 
Record Date
 
Payment Date
 
Cash
Dividend
per Share
 
Total
Three Months Ended March 31, 2014
 
 
 
 
 
 
 
 
January 28, 2014
 
March 10, 2014
 
March 25, 2014
 
$0.4375
 
$123.4
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2013
 
 
 
 
 
 
 
 
February 20, 2013
 
March 8, 2013
 
March 25, 2013
 
$0.3750
 
$113.4
Summary of Share Repurchases
A summary of common stock repurchases for the period April 1, 2014 through April 15, 2014 (subsequent to March 31, 2014) and for the three months ended March 31, 2014 and 2013 is as follows:
 
April 1, 2014 
 Through 
 April 15, 2014
 
Three Months Ended 
 March 31
 
 
2014
 
2013
Shares repurchased
2.3

 
14.3

 
5.5

Average price per share
$
98.03

 
$
88.14

 
$
62.41

Aggregate cost
$
220.8

 
$
1,262.8

 
$
340.2

Authorization remaining at the end of each period
$
2,207.4

 
$
2,428.2

 
$
1,496.6

Summary of Stock Option Activity
A summary of stock option activity for the three months ended March 31, 2014 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, 2014
10.0

 
$
65.38

 
 
 
 
Granted
1.7

 
89.44

 
 
 
 
Exercised
(2.0
)
 
66.39

 
 
 
 
Forfeited or expired
(0.1
)
 
62.71

 
 
 
 
Outstanding at March 31, 2014
9.6

 
69.46

 
3.9
 
$
289.6

Exercisable at March 31, 2014
6.3

 
65.72

 
2.6
 
$
212.6

Summary of Nonvested Restricted Stock Activity Including Restricted Stock Units
A summary of the status of nonvested restricted stock activity, including restricted stock units, for the three months ended March 31, 2014 is as follows:
 
Restricted
Stock Shares
and Units
 
Weighted-
Average
Grant Date
Fair Value
per Share
Nonvested at January 1, 2014
4.2

 
$
63.83

Granted
1.3

 
89.43

Vested
(1.5
)
 
64.15

Forfeited
(0.3
)
 
63.33

Nonvested at March 31, 2014
3.7

 
72.51

Schedule of 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 three months ended March 31, 2014 and 2013:
 
2014
 
2013
Risk-free interest rate
2.16
%
 
1.25
%
Volatility factor
35.00
%
 
35.00
%
Quarterly dividend yield
0.50
%
 
0.60
%
Weighted-average expected life (years)
3.75

 
4.00

Schedule of Weighted-Average Fair Values Determined For The Periods
The following weighted-average fair values were determined for the three months ended March 31, 2014 and 2013: 
 
2014
 
2013
Options granted during the period
$
22.20

 
$
14.51

Restricted stock awards granted during the period
89.43

 
61.81