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Compensation Plans and Programs (Tables)
12 Months Ended
Dec. 31, 2019
Share-based Payment Arrangement [Abstract]  
Schedule of RSU Award Vesting
Information with respect to current RSU activity is summarized as follows (in thousands, except per share amounts):
 
Number of
Unvested
RSUs
 
Weighted
Average Per Share
Grant Date
Fair Value
Balance at December 31, 2018
915

 
$
63.70

Granted*
512

 
66.19

Forfeited
(274
)
 
76.44

Vested
(198
)
 
58.84

Balance at December 31, 2019
955

 
$
62.40

                             
* These numbers include less than 0.1 million RSUs credited on unvested RSU awards as dividend equivalents. Dividend equivalents accrue with respect to unvested RSUs when and as cash dividends are paid on the Company's common stock, and vest if and when the underlying RSUs vest. Granted amounts include performance-based RSU awards at their maximum potential payout level of 200%.

Schedule of Weighted Average Option Assumptions The weighted-average grant date fair value per option award granted during the years ended December 31, 2019, 2018 and 2017 was $13.68, $24.56, and $19.90, respectively, based upon the assumptions included in the table below:
 
For the Year Ended December 31,
 
2019
 
2018
 
2017
Expected term (in years)
4.5

 
7.7

 
4.5

Expected volatility
25.8
%
 
30.1
%
 
28.5
%
Risk-free interest rate
2.4
%
 
3.0
%
 
1.9
%
Dividend yield
2.0
%
 
1.8
%
 
1.4
%

Schedule of Stock Option Activity
Information with respect to current year stock option activity is summarized as follows (in thousands, except per share amounts):
 
Outstanding Options
 
Weighted
Average Exercise Price
Balance at December 31, 2018
695

 
$
57.21

Granted*
130

 
67.61

Forfeited

 

Exercised

 
8.25

Balance at December 31, 2019
825

 
$
58.83