Incentive plans (Tables)

6 Months Ended

Jun. 30, 2017

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of the Company's stock-based compensation awards activity

A summary of the Company’s Stock Incentive Plan activity for the six months ended June 30,2017 is presented below:

		Restricted		Stock		Performance
		Stock Shares		Options		Units
Outstanding at December 31, 2016			1,157,270		20,000		331,526
	Awards granted (a)		439,484		-		108,398
	Options exercised		-		(20,000)		-
	Awards cancelled / forfeited		(59,614)		-		(43,333)
	Lapse of restrictions		(354,909)		-		-
Outstanding at June 30, 2017		1,182,231		-		396,591
(a) Weighted average grant date fair value per share/unit		$	121.81	$	-	$	183.48

Future stock-based compensation expense to be recorded for all the stock-based compensation awards that were outstanding

The following table reflects the future stock-based compensation expense to be recorded for all the stock-based compensation awards that were outstanding at June 30,2017:

(in millions)
Remaining 2017		$	35
2018			48
2019			25
Thereafter			8
	Total	$	116