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Incentive Compensation Plans (Notes)
3 Months Ended
Mar. 31, 2016
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]  
Incentive Compensation Plans
Incentive Compensation Plans
We issue stock-based compensation and cash awards to our employees under a plan established by the Compensation and Leadership Talent Committee of the Board of Directors (the “Compensation Committee”) and approved by our shareholders.
We issued the following stock-based awards under the 2014 Performance Incentive Plan (the "2014 PIP") during the three months ended March 31, 2016.
 
Awards
 
Weighted-average
grant-date fair value
(per award)
Stock-settled awards
0.9

 
$
21.59

Performance-based awards
3.2

 
$
19.54

Total stock-based compensation awards
4.1

 
 

During the three months ended March 31, 2016, the Compensation Committee granted performance cash awards and restricted cash awards under the 2014 PIP with a total target value of $40.4 and $3.5, respectively. Cash awards are expensed over the vesting period, which is typically three years.