EMPLOYEE STOCK BENEFIT PLANS

3 Months Ended

Mar. 31, 2013

EMPLOYEE STOCK BENEFIT PLANS [Abstract]

EMPLOYEE STOCK BENEFIT PLANS

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 March 31,
(In millions)	2013			2012
Stock options	$	1.7		$	1.8
Performance share awards	4.2			5.4
Restricted stock units	2.7			2.4
Total pre-tax stock-based compensation expense	$	8.6		$	9.6
Net tax benefit related to stock-based compensation expense	$	(2.9	)	$	(3.8	)

During the three months ended March 31,2013, the Company granted the following awards: 

(Shares in millions)	Shares Granted	Weighted- Average Grant Date Fair Value
Stock options	0.5	$	15.02
Performance share awards	0.2	$	72.14
Restricted stock units	0.1	$	74.72

As of March 31, 2013, 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	2.3	$	12.2	2.4
Performance share awards	0.4	$	19.7	1.6
Restricted stock units	0.5	$	21.2	2.7