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Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2016
Accounting Policies [Abstract]  
Summary of Assumptions for Options Granted
A summary of assumptions for options granted in each of the three years 2014 through 2016 is as follows:
 
2016
 
2015
 
2014
Volatility factor
19.2
%
 
23.6
%
 
30.9
%
Dividend yield
1.1
%
 
0.9
%
 
0.9
%
Expected term (in years)
5.78

 
5.66

 
5.65

Risk-free rate
1.3
%
 
1.6
%
 
1.9
%