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Employee Stock-Based Incentives (Tables)
 12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Restricted Stock Unit (RSU) activity
The following table summarizes JPMorgan Chase’s RSUs, PSUs, employee stock options and SARs activity for 2016.
 
 
RSUs/PSUs
 
Options/SARs
Year ended December 31, 2016
 
Number of
units
Weighted-average grant
date fair value
 
Number of awards
 
Weighted-average exercise price
 
Weighted-average remaining contractual life
(in years)
Aggregate intrinsic value
(in thousands, except weighted-average data, and where otherwise stated)
 
 
 
Outstanding, January 1
 
85,307

$
54.60

 
43,466

 
$
43.51

 
 
 
Granted
 
36,775

57.80

 
77

 
72.63

 
 
 
Exercised or vested
 
(37,121
)
52.09

 
(12,836
)
 
41.55

 
 
 
Forfeited
 
(3,254
)
56.45

 
(240
)
 
44.28

 
 
 
Canceled
 
NA

NA

 
(200
)
 
612.18

 
 
 
Outstanding, December 31
 
81,707

$
57.15

 
30,267

 
$
40.65

 
3.9
$
1,378,254

Exercisable, December 31
 
NA

NA

 
24,815

 
40.08

 
3.6
1,144,937
Noncash compensation expense related to employee stock-based incentive plans
The Firm recognized the following noncash compensation expense related to its various employee stock-based incentive plans in its Consolidated statements of income.
Year ended December 31, (in millions)
 
2016

 
2015

 
2014

Cost of prior grants of RSUs, PSUs and SARs that are amortized over their applicable vesting periods
 
$
1,046

 
$
1,109

 
$
1,371

Accrual of estimated costs of stock-based awards to be granted in future periods including those to full-career eligible employees
 
894

 
878

 
819

Total noncash compensation expense related to employee stock-based incentive plans
 
$
1,940

 
$
1,987

 
$
2,190
Cash received from the exercise of stock options and income tax benefit realized
The following table sets forth the cash received from the exercise of stock options under all stock-based incentive arrangements, and the actual income tax benefit related to tax deductions from the exercise of the stock options.
Year ended December 31, (in millions)
 
2016

 
2015

 
2014

Cash received for options exercised
 
$
26

 
$
20

 
$
63

Tax benefit
 
70

 
64

 
104