EMPLOYEE STOCK BENEFIT PLANS

6 Months Ended

Jun. 30, 2012

EMPLOYEE STOCK BENEFIT PLANS

EMPLOYEE STOCK BENEFIT PLANS

6.EMPLOYEE STOCK BENEFIT PLANS

The following table summarizes stock-based compensation expense related to stock options, performance share awards and restricted stock units.

	Three Months Ended June 30,						Six Months Ended June 30,
(In millions)	2012			2011			2012			2011
Stock options	$	1.9		$	1.4		$	3.7		$	2.8
Performance share awards	4.4			7.1			9.8			12.2
Restricted stock units	2.0			3.0			4.4			5.5
Total pre-tax stock-based compensation expense	$	8.3		$	11.5		$	17.9		$	20.5
Net tax benefit related to stock-based compensation expense	$	(2.9	)	$	(4.0	)	$	(6.7	)	$	(7.1	)

During the six months ended June 30, 2012, the Company granted the following awards:

(Shares in millions)	Shares Granted	Weighted- Average Grant Date Fair Value
Stock options	0.5	$	17.56
Performance share awards	0.4	$	67.19
Restricted stock units	0.1	$	77.08

As of June 30, 2012, the Company had the following awards outstanding and related expense yet to be recognized:

(Dollars and shares in millions)	Outstanding	Unrecognized Compensation Expense		Expected Weighted-Average Period to be Recognized (years)
Stock options	2.0	$	11.3	2.0
Performance share awards	0.6	$	17.9	1.5
Restricted stock units	0.5	$	19.6	2.7