EMPLOYEE STOCK BENEFIT PLANS

3 Months Ended

Mar. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [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)	2014			2013
Stock options	$	1.7		$	1.7
Performance share awards	3.2			4.2
Restricted stock units	2.4			2.7
Total pre-tax stock-based compensation expense	$	7.3		$	8.6
Net tax benefit related to stock-based compensation expense	$	(2.6	)	$	(2.9	)

During the three months ended March 31, 2014, the Company granted the following awards: 

(Shares in millions)	Shares Granted	Weighted- Average Grant Date Fair Value
Stock options	0.4	$	17.54
Performance share awards	0.2	$	77.21
Restricted stock units	0.2	$	81.55

As of March 31, 2014, the Company had the following award expense yet to be recognized: 

(Dollars and shares in millions)	Unrecognized Compensation Expense		Expected Weighted-Average Period to be Recognized (years)
Stock options	$	13.3	2.2
Performance share awards	$	19.1	1.7
Restricted stock units	$	25.9	2.6