XML 27 R57.htm IDEA: XBRL DOCUMENT v2.4.0.6
EMPLOYEE STOCK BENEFIT PLANS (Details) (USD $)
In Millions, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Dec. 31, 2009
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Number of shares approved 25,000,000      
Percentage of market price at which executive officers and key employees may be granted options to purchase common stock 100.00%      
Term of awards 3 years      
Assumptions used to calculate fair value of stock options        
Expected volatility (as a percent) 26.90% 26.70% 23.20%  
Risk-free interest rate (as a percent) 1.20% 2.60% 2.70%  
Dividend yield (as a percent) 1.60% 1.70% 1.80%  
Expected life (in years) 6 years 6 years 6 years  
Stock option, Shares        
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Number 1,902,000 1,789,000 1,404,000 997,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures 491,000 558,000 550,000  
Exercised (in shares) (325,000) (140,000) (80,000)  
Forfeited or expired (in shares) (53,000) (33,000) (63,000)  
Vested (in shares) 728,000      
Vested and expected to vest (in shares) 1,802,000      
Stock option, Weighted Average Exercise Price of Shares        
Balance at the beginning of the period (in dollars per share) $ 42.12 $ 34.36 $ 26.79  
Granted (in dollars per share) $ 78.12 $ 59.18 $ 46.71  
Exercised (in dollars per share) $ 35.60 $ 31.65 $ 26.96  
Forfeited or expired (in dollars per share) $ 57.50 $ 45.03 $ 31.82  
Balance at the end of the period (in dollars per share) $ 52.11 $ 42.12 $ 34.36 $ 26.79
Vested (in dollars per share) $ 39.89      
Vested and expected to vest (in dollars per share) $ 52.11      
Stock option, Average Remaining Contractual Term (in years)        
Balance at the end of the period (in years) 7 years 8 months 15 days 8 years 1 month 6 days 8 years 7 months 9 days 9 years 2 months 13 days
Vested (in years) 6 years 10 months 28 days      
Vested and expected to vest (in years) 7 years 8 months 15 days      
Stock option, Aggregate Intrinsic Value        
Outstanding options $ 99.2 $ 47.6 $ 48.2 $ 26.7
Exercised options 11.6 5.2 2.1  
Vested options 29.1      
Vested and expected to vest options 93.9      
Weighted-Average Grant Date Fair Value (in dollars per share) $ 17.55 $ 14.73 $ 10.31  
Cash proceeds received from options exercised 11.6 4.5 2.2  
Tax benefit realized from stock options exercised 4.8 1.8 0.8  
Performance Share Awards        
Shares Granted and Earned 401,000 273,000 237,000  
Weighted-Average Grant- Date Fair Value (in dollars per share) $ 67.18 $ 57.08 $ 44.38  
Shares outstanding at period end 315,000 149,000 82,000  
Percentage of plan performance assumed 100.00%      
Nonvested restricted stock units, Shares        
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number 514,000 533,000 588,000 662,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period 146,000 134,000 150,000  
Vested (in shares) (146,000) (170,000) (172,000)  
Forfeited (in shares) (19,000) (19,000) (52,000)  
Nonvested restricted stock units, Weighted-Average Grant Date Fair Value        
Nonvested at the beginning of the period (in dollars per share) $ 38.09 $ 35.15 $ 34.18  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period $ 76.98 $ 59.40 $ 47.53  
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Weighted Average Grant Date Fair Value $ 32.28 $ 44.44 $ 42.16  
Forfeited (in dollars per share) $ 47.57 $ 40.39 $ 35.37  
Nonvested at the end of the period (in dollars per share) $ 50.24 $ 38.09 $ 35.15 $ 34.18
Allocated Share-based Compensation Expense (pre-tax) 32.2 39.9 19.7  
Stock-based compensation expense        
Allocated Share-based Compensation Expense (pre-tax) 32.2 39.9 19.7  
Net tax benefit related to stock-based compensation expense (9.8) (14.1) (6.8)  
Upper limit
       
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Term of awards 5 years      
Percentage payout based on targets met 200.00%      
Lower limit
       
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Term of awards 1 year      
Percentage payout based on targets met 0.00%      
Stock options
       
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]        
Under one of the company's vesting schedules, percentage of stock options exercisable on each of the first through the fourth anniversaries of the grant date 25.00%      
Under the second of two vesting schedules, percentage of stock options exercisable on each of the first through the third anniversaries of the grant date 33.00%      
Term of awards 10 years      
Stock option, Aggregate Intrinsic Value        
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized 7.5      
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition 1 year 10 months 28 days      
Nonvested restricted stock units, Weighted-Average Grant Date Fair Value        
Allocated Share-based Compensation Expense (pre-tax) 7.5 5.9 3.8  
Stock-based compensation expense        
Allocated Share-based Compensation Expense (pre-tax) 7.5 5.9 3.8  
Performance share awards
       
Stock option, Aggregate Intrinsic Value        
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized 7.3      
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition 1 year 4 months 24 days      
Nonvested restricted stock units, Weighted-Average Grant Date Fair Value        
Allocated Share-based Compensation Expense (pre-tax) 16.1 22.8 5.6  
Stock-based compensation expense        
Allocated Share-based Compensation Expense (pre-tax) 16.1 22.8 5.6  
Restricted stock units
       
Stock option, Aggregate Intrinsic Value        
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized 14.8      
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized, Period for Recognition 2 years 4 months 24 days      
Nonvested restricted stock units, Weighted-Average Grant Date Fair Value        
Allocated Share-based Compensation Expense (pre-tax) 8.6 11.2 10.3  
Stock-based compensation expense        
Allocated Share-based Compensation Expense (pre-tax) $ 8.6 $ 11.2 $ 10.3