XML 83 R56.htm IDEA: XBRL DOCUMENT v3.6.0.2
STOCK-BASED COMPENSATION (Tables)
 12 Months Ended
Dec. 31, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
Weighted-Average Assumptions
 
2016

 
2015

 
2014

Dividend yield
 
4.13
%
 
3.54
%
 
3.08
%
Expected volatility
 
31.60
%
 
27.84
%
 
28.11
%
Risk-free interest rate
 
1.12
%
 
1.02
%
 
1.11
%
Expected life of stock options granted during period (years)
 
7.8

 
7.7

 
7.7

Life of Employee Stock Purchase Plan (months)
 
4

 
6

 
6
Restricted Stock Issued [Table Text Block]
Restricted Stock
 
Shares Issued

 
Weighted-Average Fair Value

 
 
Year
 
2016
 
32,160

 
$
50.55

2015
 
31,560

 
$
51.51

2014
 
24,840

 
$
48.98
Employees' Stock Purchase Plan [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Employee Stock Purchase Plan, Activity [Table Text Block]
Employee Stock Purchase Plan
 
2016
Shares in thousands
 
Shares

 
Exercise
Price (1)

Outstanding and exercisable at January 1, 2016
 
7

 
$
41.49

Granted
 
2,122

 
$
40.44

Exercised
 
(2,124
)
 
$
40.44

Forfeited/Expired
 
(5
)
 
$
40.56

Outstanding and exercisable at December 31, 2016
 
—

 
$
—


(1)
Weighted average price per share
Schedule of value of employees' stock purchase plan
Additional Information about Employee Stock Purchase Plan
In millions, except per share amounts
 
2016

 
2015

 
2014

Weighted-average fair value per share of purchase rights granted
 
$
3.40

 
$
4.62

 
$
5.45

Total compensation expense for ESPP
 
$
7

 
$
15

 
$
20

Related tax benefit
 
$
3

 
$
5

 
$
7

Total amount of cash received from the exercise of purchase rights
 
$
86

 
$
131

 
$
138

Total intrinsic value of purchase rights exercised (1)
 
$
23

 
$
25

 
$
42

Related tax benefit
 
$
9

 
$
9

 
$
15


(1)
Difference between the market price at exercise and the price paid by the employee to exercise the purchase rights.
Employee Stock Option [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
Stock Options
 
2016
Shares in thousands
 
Shares

 
Exercise
Price (1)

Outstanding at January 1, 2016
 
41,461

 
$
35.50

Granted
 
2,988

 
$
46.01

Exercised
 
(9,061
)
 
$
35.89

Forfeited/Expired
 
(618
)
 
$
41.56

Outstanding at December 31, 2016
 
34,770

 
$
36.20

Remaining contractual life in years
 

 
5.24

Aggregate intrinsic value in millions
 
$
731

 


Exercisable at December 31, 2016
 
28,932

 
$
33.96

Remaining contractual life in years
 

 
4.60

Aggregate intrinsic value in millions
 
$
673

 


(1)
Weighted-average per share.
Schedule of value of stock option plans
Additional Information about Stock Options
In millions, except per share amounts
 
2016

 
2015

 
2014

Weighted-average fair value per share of options granted
 
$
10.95

 
$
11.61

 
$
11.49

Total compensation expense for stock option plans
 
$
32

 
$
55

 
$
65

Related tax benefit
 
$
12

 
$
20

 
$
24

Total amount of cash received from the exercise of options
 
$
312

 
$
377

 
$
810

Total intrinsic value of options exercised (1)
 
$
153

 
$
175

 
$
300

Related tax benefit
 
$
57

 
$
65

 
$
111


(1)
Difference between the market price at exercise and the price paid by the employee to exercise the options.
Deferred Stock [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Nonvested Performance-based Units Activity [Table Text Block]
Deferred Stock
 
2016
Shares in thousands
 
Shares

 
Grant Date
Fair Value (1)

Nonvested at January 1, 2016
 
7,979

 
$
40.96

Granted
 
2,134

 
$
46.25

Vested
 
(3,525
)
 
$
32.16

Canceled
 
(206
)
 
$
43.70

Nonvested at December 31, 2016
 
6,382

 
$
47.49

(1)
Weighted-average per share.
Schedule of value of deferred stock [Text Block]
Additional Information about Deferred Stock
In millions, except per share amounts
 
2016

 
2015

 
2014

Weighted-average fair value per share of deferred stock granted
 
$
46.25

 
$
49.42

 
$
46.88

Total fair value of deferred stock vested and delivered (1)
 
$
166

 
$
162

 
$
156

Related tax benefit
 
$
61

 
$
60

 
$
58

Total compensation expense for deferred stock awards
 
$
97

 
$
110

 
$
99

Related tax benefit
 
$
36

 
$
41

 
$
37

(1)
Includes the fair value of shares vested in prior years and delivered in the reporting year.
Performance Deferred Stock Awards [Member]  
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Nonvested Performance-based Units Activity [Table Text Block]
Performance Deferred Stock
 
2016
Shares in thousands
 
Target
Shares
Granted (1)

 
Grant Date 
Fair Value (2) 

Nonvested at January 1, 2016
 
4,621

 
$
56.68

Granted
 
2,283

 
$
52.68

Vested (3)
 
(2,342
)
 
$
54.42

Canceled
 
(108
)
 
$
55.46

Nonvested at December 31, 2016
 
4,454

 
$
55.85

(1)
At the end of the performance period, the actual number of shares issued can range from zero to 200 percent of target shares granted.
(2)
Weighted-average per share.
(3)
Vested shares for the 2014 - 2016 performance period that were earned (i.e., performance conditions were satisfied and the target shares granted for the performance period vested) during the applicable fiscal year. Shares earned will be delivered in February 2017 at the applicable pay-out percentage. Certain executive employees may opt to receive a cash payment equal to the value of the stock award on the date of delivery.
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value [Table Text Block]
Performance Deferred Stock Awards
 
Target
Shares
Granted (1)

 
Grant Date
Fair Value (2)

Shares in thousands
 
Year
 
Performance Period
 
2016
 
January 1, 2016 – December 31, 2018
 
2,283

 
$
52.68

2015
 
January 1, 2015 – December 31, 2017
 
2,258

 
$
59.08

2014
 
January 1, 2014 – December 31, 2016
 
2,425

 
$
54.42


(1)
At the end of the performance period, the actual number of shares issued can range from zero to 200 percent of target shares granted.
(2)
Weighted-average per share.
Schedule of Additional Information About Performance Deferred Stock [Table Text Block]
Additional Information about Performance Deferred Stock
 
 
 
  
In millions
 
2016

 
2015

 
2014

Total fair value of performance deferred stock vested and delivered (1)
 
$
103

 
$
37

 
$
12

Related tax benefit
 
$
38

 
$
14

 
$
5

Total compensation expense for performance deferred stock awards
 
$
125

 
$
172

 
$
67

Related tax benefit
 
$
46

 
$
63

 
$
25

Shares of performance deferred stock settled in cash (2)
 
0.9

 
0.3

 
0.1

Total cash paid to settle performance deferred stock awards (3)
 
$
40

 
$
16

 
$
6

(1)
Includes the fair value of shares vested in prior years and delivered in the reporting year.
(2)
Performance deferred stock awards vested in prior years and delivered in the reporting year.
(3)
Cash paid to certain executive employees for performance deferred stock awards vested in prior periods and delivered in the reporting year, equal to the value of the stock award on the date of delivery.