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Share-Based Incentive Compensation Plans (Tables)
9 Months Ended
Sep. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan
The following tables summarize pre-tax share-based compensation costs, which includes costs related to awards granted under the 2013 Omnibus Plan, Director Plan, Phantom Plan and ING Group share-based compensation plans for the periods indicated:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
 
2014
 
2013
 
2014
 
2013
RSUs(1)

$
12.3

 
$
6.9

 
$
31.8

 
$
17.9

RSUs - Deal incentive awards
1.3

 
7.5

 
6.9

 
14.1

PSU awards(2)

14.1

 
15.4

 
45.4

 
20.4

Stock options(3)


 

 

 
0.8

Phantom Plan
1.4

 

 
2.9

 

Share-based compensation(4)
$
29.1

 
$
29.8

 
$
87.0

 
$
53.2

(1) These tables include compensation costs of $1.8 and $5.5 for the three and nine months ended September 30, 2014, respectively, related to ING Group RSU awards. In addition, these tables include compensation costs of $3.7 and $11.7 for the three and nine months ended September 30, 2013, respectively, related to ING Group RSU awards.
(2) These tables include compensation costs of $6.1 and $22.8 for the three and nine months ended September 30, 2014, respectively, related to ING Group PSU awards. In addition, these tables include compensation costs of $9.2 and $12.9 for the three and nine months ended September 30, 2013, respectively, related to ING Group PSU awards.
(3) Compensation costs recognized during the three and nine months ended September 30, 2013 represents the associated portion with ING Group stock options held by the Company's employees.
(4) The Company recognized no income tax benefit due to recognized valuation allowances for periods presented. See the Income Taxes Note to these Condensed Consolidated Financial Statements for additional information.
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity
The following table summarizes the number of awards under the Omnibus Plans for the period indicated:
 
RSUs
 
RSUs-Deal Incentive Awards
 
PSU Awards
(awards in millions) 
Number of Awards
 
Weighted Average Grant Date Fair Value
 
Number of Awards
 
Weighted Average Grant Date Fair Value
 
Number of Awards
 
Weighted Average Grant Date Fair Value
Outstanding at January 1, 2014
1.6

 
$
19.15

 
0.8

 
$
19.50

 
0.5

 
$
28.06

Adjustment for PSU performance factor
N/A

 
N/A

 
N/A

 
N/A

 
0.3

 
28.06

Granted
1.8

 
37.02

 
0.1

 
30.03

 
0.7

 
36.98

Vested
(0.1
)
 
20.47

 
(0.9
)
 
20.63

 
(0.8
)
 
28.15

Forfeited
(0.1
)
 
28.99

 

*

 
(0.1
)
 
35.13

Outstanding at
September 30, 2014(1)
3.2

 
$
28.75

 

 
$

 
0.6

 
$
37.01

* Less than 0.1.
(1) Excludes 123,269 of RSUs - Deal Incentive Awards granted in 2013 that proportionally vest upon sales of Company stock by ING Group.