Incentive Compensation Plans (Notes)

9 Months Ended

Sep. 30, 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 nine months endedSeptember 30, 2016.

	Awards	Weighted-average grant-date fair value (per award)
Stock-settled awards	1.1	$	21.86
Performance-based awards	3.2	$	19.56
Total stock-based compensation awards	4.3

During the nine months endedSeptember 30, 2016, the Compensation Committee granted performance cash awards and restricted cash awards under the 2014 PIP with a total target value of $40.8 and $4.8, respectively. Cash awards are expensed over the vesting period, which is typically three years.