XML 93 R64.htm IDEA: XBRL DOCUMENT v3.6.0.2
Stock-based compensation (Details) - $ / shares
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Common shares issued from treasury stock for stock-based compensation (in shares) 4,164,134 2,931,595 10,106,542
Number of shares authorized under the plans (in shares) 38,800,000    
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant 17,231,358    
Vesting period of prior awards granted (in years) 3 years    
Term life of SARs and option awards (in years) 10 years    
Required minimum age of a participant upon separation from service to meet the criteria for Long Service Separation (in years) 55 years    
Minimum term of service to meet criteria for Long Service Separation (in years) 5 years    
Term life of vested options/SARs from separation date (in years) 5 years    
Assumptions used in determining the fair value of the stock-based awards      
Weighted-average dividend yield (as a percent) 3.20% 2.30% 2.20%
Weighted-average volatility (as a percent) 31.10% 28.40% 28.20%
Volatilities, low end of range (as a percent) 22.50% 19.90% 18.40%
Volatilities, high end of range (as a percent) 33.40% 35.90% 36.20%
Risk-free interest rates, low end of range (as a percent) 0.62% 0.22% 0.12%
Risk-free interest rates, high end of range (as a percent) 1.73% 2.08% 2.60%
Weighted-average expected lives (in years) 8 years 8 years 8 years
Stock Options and Stock Appreciation Rights (SARs)      
Stock options/SARs activity      
Outstanding at beginning of year (in shares) 38,338,525    
Granted to officers and key employees (in shares) 4,243,272    
Exercised (in shares) (6,931,189)    
Forfeited / expired (in shares) (3,585,818)    
Outstanding at end of year (in shares) 32,064,790 38,338,525  
Number of stock awards exercisable at end of the period (in shares) 20,991,816    
Weighted- Average Exercise Price for Stock options/SARs      
Outstanding at beginning of year (in dollars per shares) $ 77.84    
Granted to officers and key employees (in dollars per shares) 74.77    
Exercised (in dollars per shares) 57.78    
Forfeited / expired (in dollars per shares) 74.59    
Outstanding at end of year (in dollars per shares) 82.13 $ 77.84  
Exercisable at year-end (in dollars per share) $ 81.18    
Stock Appreciation Rights (SARs)      
Stock options/SARs activity      
Granted to officers and key employees (in shares) 0    
Restricted Stock Units (RSUs)      
RSUs/PSUs activity      
Outstanding at beginning of year (in shares) 4,330,513    
Granted to officers and key employees (in shares) 1,085,505    
Vested (in shares) (2,232,695)    
Forfeited (in shares) (112,309)    
Outstanding at end of year (in shares) 3,071,014 4,330,513  
Weighted-Average Grant Date Fair Value for RSUs and PSUs      
Outstanding at beginning of year (in dollars per shares) $ 83.14    
Granted to officers and key employees (in dollars per shares) 68.04 $ 77.55 $ 89.18
Vested (in dollars per shares) 82.44    
Forfeited (in dollars per shares) 77.71    
Outstanding at end of year (in dollars per shares) $ 78.50 $ 83.14  
Performance Restricted Stock Units (PRSUs)      
RSUs/PSUs activity      
Outstanding at beginning of year (in shares) 132,068    
Granted to officers and key employees (in shares) 614,347    
Vested (in shares) 0    
Forfeited (in shares) (36,129)    
Outstanding at end of year (in shares) 710,286 132,068  
Weighted-Average Grant Date Fair Value for RSUs and PSUs      
Outstanding at beginning of year (in dollars per shares) $ 77.47    
Granted to officers and key employees (in dollars per shares) 64.71 $ 77.47 $ 0.00
Vested (in dollars per shares) 0.00    
Forfeited (in dollars per shares) 67.96    
Outstanding at end of year (in dollars per shares) $ 66.92 $ 77.47  
2015 and later grants      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Graded vesting period of awards granted (in years) 3 years    
2015 and later grants | Performance Restricted Stock Units (PRSUs)      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Graded vesting period of awards granted (in years) 3 years    
Percentage of award vested on first anniversary of grant date | 2015 and later grants      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Portion of the award vested on each anniversary of the grant date 33.33%    
Percentage of award vested on second anniversary of grant date | 2015 and later grants      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Portion of the award vested on each anniversary of the grant date 33.33%    
Percentage of award vested on third anniversary of grant date | 2015 and later grants      
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]      
Portion of the award vested on each anniversary of the grant date 33.33%