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Capital Stock (Tables)
12 Months Ended
Dec. 31, 2015
Capital [Abstract]  
Summary of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2015 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, 2015
7.3

 
$
70.30

 
 
 
 
Granted
1.3

 
146.73

 
 
 
 
Exercised
(2.4
)
 
67.74

 
 
 
 
Forfeited or expired
(0.2
)
 
102.14

 
 
 
 
Outstanding at December 31, 2015
6.0

 
87.23

 
4.21
 
$
322.7

Exercisable at December 31, 2015
3.9

 
71.96

 
2.76
 
$
263.3

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 year ended December 31, 2015 is as follows:
 
Restricted
Stock Shares
and Units
 
Weighted-Average
Grant Date
Fair Value
per Share
Nonvested at January 1, 2015
3.6

 
$
75.63

Granted
0.9

 
147.00

Vested
(1.7
)
 
72.25

Forfeited
(0.1
)
 
101.57

Nonvested at December 31, 2015
2.7

 
101.66

Summary of Weighted-Average Assumptions Used to Estimate the Fair Values of Options Granted During the Periods
The following weighted-average assumptions were used to estimate the fair values of options granted during the years ended December 31:
 
2015
 
2014
 
2013
Risk-free interest rate
1.96
%
 
2.16
%
 
1.25
%
Volatility factor
31.00
%
 
35.00
%
 
35.00
%
Dividend yield (annual)
1.70
%
 
2.00
%
 
2.40
%
Weighted-average expected life (years)
4.00

 
3.75

 
4.00

Schedule of Weighted-Average Fair Values Determined For the Periods
The following weighted-average fair values were determined for the years ending December 31:
 
2015
 
2014
 
2013
Options granted during the year
$
33.97

 
$
22.41

 
$
14.64

Restricted stock and stock awards granted during the year
147.00

 
90.53

 
63.06

Summary of Cash Dividend Activity
A summary of the cash dividend activity for the years ended December 31, 2015 and 2014 is as follows: 
Declaration Date
 
Record Date
 
Payment Date
 
Cash Dividend per
Share
 
Total
Year ended December 31, 2015
 
 
 
 
 
 
January 27, 2015
 
March 10, 2015
 
March 25, 2015
 
$
0.6250

 
$
166.6

April 28, 2015
 
June 10, 2015
 
June 25, 2015
 
0.6250

 
163.9

July 28, 2015

September 10, 2015

September 25, 2015
 
0.6250

 
163.0

October 27, 2015
 
December 4, 2015
 
December 21, 2015
 
0.6250

 
163.1

 
 
 
 
 
 
 
 
 
Year ended December 31, 2014
 
 
 
 
 
 
January 28, 2014
 
March 10, 2014
 
March 25, 2014
 
$
0.4375

 
$
123.4

April 29, 2014
 
June 10, 2014
 
June 25, 2014
 
0.4375

 
120.5

July 29, 2014
 
September 10, 2014
 
September 25, 2014
 
0.4375

 
119.2

October 28, 2014
 
December 5, 2014
 
December 22, 2014
 
0.4375

 
117.6

Summary of Share Repurchases
A summary of common stock repurchases for the years ended December 31, 2015 and 2014 is as follows:
 
 
Years Ended December 31
 
2015
 
2014
Shares repurchased
 
10.4

 
30.4

Average price per share
 
$
145.50

 
$
98.52

Aggregate cost
 
$
1,515.8

 
$
2,998.8

Authorization remaining at the end of each period
 
$
4,175.9

 
$
5,691.7