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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Recognized Share-Based Compensation Expense
Recognized Share-Based Compensation Expense
Year ended December 31 (in millions)201520142013
Restricted share units$273$231$175
Stock options157160139
Employee stock purchase plans252320
Total$455$414$334
Stock Option Activity
Stock Options and Restricted Share Units
As of December 31, 2015, unless otherwise stated (in millions, except per share data)Stock OptionsRSUs
Awards granted during 2015189
Weighted-average exercise price of awards granted during 2015$59.39
Stock options outstanding and nonvested RSUs9423
Weighted-average exercise price of stock options outstanding$36.63
Weighted-average fair value at grant date of nonvested RSUs$44.19
Stock Option Fair Value and Significant Assumptions
Year ended December 31201520142013
RSUs fair value$58.81$47.91$38.28
Stock options fair value$11.78$11.11$8.80
Stock Option Valuation Assumptions:
Dividend yield1.7%1.8%1.9%
Expected volatility23.0%24.0%25.0%
Risk-free interest rate1.6%2.2%1.3%
Expected option life (in years)6.06.57.0
NBCUniversal Media LLC [Member]  
Recognized Share-Based Compensation Expense
Recognized Share-Based Compensation Expense
Year ended December 31 (in millions)201520142013
Restricted share units$78$69$42
Stock options101615
Employee stock purchase plans665
Total$94$91$62
Stock Option Fair Value and Significant Assumptions
Year ended December 31201520142013
RSUs fair value$59.37$48.04$37.79
Stock options fair value$11.79$11.09$8.86
Stock Option Valuation Assumptions:
Dividend yield1.7%1.8%1.9%
Expected volatility23.0%24.0%25.2%
Risk-free interest rate1.6%2.2%1.3%
Expected option life (in years)6.06.57.0