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Deferred Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Restricted Stock Units Activity
The activity related to the restricted stock units is set forth below:

 
Restricted Stock Units Outstanding
 
2016
 
2015
 
Units
 
Grant Date
Weighted
Average Fair
Value
 
Units
 
Grant Date
Weighted
Average Fair
Value
Outstanding, January 1,
3,723,129

 
$
45.88

 
3,065,363

 
$
56.04

Granted
2,407,173

(1) 
21.61

 
1,772,439

 
36.45

Delivered
(871,226
)
 
52.27

 
(843,032
)
 
62.07

Forfeited
(414,120
)
 
37.66

 
(271,641
)
 
48.69

Outstanding, December 31,
4,844,956

 
$
33.38

 
3,723,129

 
$
45.88


_____________________________________________
(1)
Excludes 973,946 stock units granted to employees subsequent to December 31, 2016 as part of the long-term incentive awards program.