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Share-Based Incentive Plan (Tables)
9 Months Ended
Sep. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Awards Activity
The following table summarizes stock option and SAR (“stock awards”) activity:
 
Number of Shares
Under Stock Awards
 
Weighted
Average
Exercise Price
per Share
Outstanding at December 31, 2015
7,732,499

 
$
31.85

Granted
780,254

 
46.15

Exercised
(496,440
)
 
23.52

Forfeited
(166,571
)
 
51.26

Outstanding at September 30, 2016
7,849,742

 
$
33.39

Vested and expected to vest at September 30, 2016
7,537,727

 
$
32.78

Exercisable at September 30, 2016
5,704,835

 
$
27.71

Nonvested Restricted Stock and Restricted Stock Unit Awards Activity
A summary of the status of the Company’s nonvested restricted stock and restricted stock unit awards, including performance restricted stock units and restricted ordinary shares (collectively, “restricted stock awards”), as of September 30, 2016 and the changes during the nine months ended September 30, 2016 are presented below:
 
Number of
Restricted
Stock Awards
 
Weighted  Average
Grant-Date
Fair Value per  Share
Nonvested at December 31, 2015
4,474,436

 
$
40.70

Granted
2,619,679

 
45.15

Released
(1,072,156
)
 
41.95

Forfeited
(326,916
)
 
41.65

Nonvested at September 30, 2016
5,695,043

 
$
42.49