XML 45 R32.htm IDEA: XBRL DOCUMENT v3.7.0.1
EMPLOYEE STOCK BENEFIT PLANS (Tables)
3 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Stock-Based Compensation Expense by Award Type
The following table summarizes stock-based compensation expense related to stock options, performance share awards and restricted stock units.
 
 
Three Months Ended March 31,
(Dollars in millions)
 
2017
 
2016
Stock options
 
$
2.5

 
$
2.1

Performance share awards
 
1.4

 
2.3

Restricted stock units
 
5.5

 
3.4

Total pre-tax stock-based compensation expense
 
$
9.4

 
$
7.8

Net tax benefit related to stock-based compensation expense
 
$
(3.1
)
 
$
(2.7
)
Awards Granted and Weighted-Average Grant Date Fair Value of Options Granted
During the three months ended March 31, 2017, the Company granted the following awards: 
(Shares in millions)
 
Options/Shares Granted
 
Weighted-
Average Grant
Date Fair Value
Performance share awards
 
0.1

 
$
84.87

Restricted stock units
 
0.5

 
$
87.79

Unrecognized Compensation Costs of Outstanding Share Awards
As of March 31, 2017, the Company had the following award expense yet to be recognized: 
(Dollars in millions)
 
Unrecognized
Compensation
Expense
 
Expected
Weighted-Average
Period to be
Recognized
(years)
Stock options
 
$
6.7

 
2.0
Performance share awards
 
10.0

 
1.2
Restricted stock units
 
71.9

 
2.6
Total
 
$
88.6