XML 73 R44.htm IDEA: XBRL DOCUMENT v2.4.0.6
Incentive Plans (Tables)
 12 Months Ended
Dec. 31, 2012
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]  
Summary Of Stock Option Program
The following summarizes the status of the Stock Option Program and the changes during the three years ending December 31, 2012:
 
 
Options
(a,b)

Weighted
Average
Exercise
Price

Weighted
Average
Remaining
Life
(years)
Aggregate
Intrinsic
Value
(thousands)

Outstanding at December 31, 2009
22,217,057


$39.24

2.73

$—

Forfeited
(43,068
)
34.36

 
 
Expired
(3,928,736
)
46.29

 
 
Outstanding at December 31, 2010
18,245,253

37.73

2.30
—

Exercised
(1,850
)
32.54

 
 
Forfeited
(21,070
)
35.21

 
 
Expired
(2,665,547
)
35.45

 
 
Outstanding at December 31, 2011
15,556,786

38.13

1.55
—

Granted
2,513

35.94

 
 
Exercised
(3,200,642
)
33.62

 
 
Expired
(3,222,597
)
40.71

 
 
Outstanding at December 31, 2012
9,136,060


$38.79

1.15

$1,077

(a)
The table does not include Continuity Award tandem stock options described below. No fair market value is assigned to these options under ASC 718. The tandem restricted shares accompanying these options are expensed over their vesting period.
(b)
The table includes options outstanding under an acquired company plan under which options may no longer be granted.
Assumptions Used To Determine Compensation Cost For Market Condition Component Of Performance Share Program
The following table sets forth the assumptions used to determine compensation cost for the market condition component of the PSP plan:
 
  
Twelve Months Ended December 31, 2012
Expected volatility
25.25% - 55.33%
Risk-free interest rate
0.12% - 0.42%
Summary Of Performance Restricted Share Activity
The following summarizes PSP activity for the three years ending December 31, 2012:
 
 
Shares/
Units

Weighted
Average
Grant Date
Fair Value

Outstanding at December 31, 2009
6,066,050


$24.28

Granted
3,842,626

28.93

Shares issued
(2,807,388
)
33.25

Forfeited
(288,694
)
21.83

Outstanding at December 31, 2010
6,812,594

23.31

Granted
4,314,376

28.04

Shares issued
(2,565,971
)
32.43

Forfeited
(500,940
)
25.07

Outstanding at December 31, 2011
8,060,059

22.83

Granted
3,641,911

31.57

Shares issued (a)
(2,871,367
)
16.83

Forfeited
(169,748
)
28.89

Outstanding at December 31, 2012
8,660,855


$28.37

(a)
Includes 72,798 shares/units related to retirements or terminations that are held for payout until the end of the performance period.
Summary Of Activity Of Executive Continuity And Restricted Stock Award Program
The following summarizes the activity of the Executive Continuity Award program and RSA program for the three years ending December 31, 2012: 
 
Shares

Weighted
Average
Grant Date
Fair Value

Outstanding at December 31, 2009
83,000


$33.93

Granted
177,000

25.63

Shares issued
(92,500
)
30.69

Outstanding at December 31, 2010
167,500

26.95

Granted
21,500

27.01

Shares issued
(55,083
)
24.84

Forfeited
(5,000
)
26.78

Outstanding at December 31, 2011
128,917

27.86

Granted
88,715

31.91

Shares issued
(61,083
)
27.13

Forfeited
(5,000
)
28.91

Outstanding at December 31, 2012
151,549


$30.49
Stock-Based Compensation Expense And Related Income Tax Benefits
Stock-based compensation expense and related income tax benefits were as follows:
In millions
2012

2011

2010

Total stock-based compensation expense (included in selling and administrative expense)
$
116

$
84

$
73

Income tax benefits related to stock-based compensation
48

34

29