EMPLOYEE STOCK BENEFIT PLANS

9 Months Ended

Sep. 30, 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 September 30,						Nine Months Ended September 30,
(In millions)	2014			2013			2014			2013
Stock options	$	1.8		$	1.6		$	5.3		$	4.9
Performance share awards	2.9			3.5			9.7			12.9
Restricted stock units	2.8			2.2			7.8			7.9
Total pre-tax stock-based compensation expense	$	7.5		$	7.3		$	22.8		$	25.7
Net tax benefit related to stock-based compensation expense	$	(2.5	)	$	(2.6	)	$	(7.8	)	$	(8.8	)

During the nine months ended September 30, 2014, the Company granted the following awards: 

(Shares in millions)	Shares Granted	Weighted- Average Grant Date Fair Value
Stock options	0.4	$	17.59
Performance share awards	0.2	$	78.67
Restricted stock units	0.2	$	83.13

As of September 30, 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	$	9.5	1.9
Performance share awards	$	10.9	1.4
Restricted stock units	$	22.5	2.5