XML 144 R63.htm IDEA: XBRL DOCUMENT v3.8.0.1
Share-based payments (Tables)
 12 Months Ended
Dec. 31, 2017
Share-based Payment Arrangements [Abstract]  
Explanation of effect of share-based payments on entity's profit or loss
The following share-based payment amounts are included in the income statements as operating costs.
FOR THE YEAR ENDED DECEMBER 31
2017

2016

ESP
(28
)
(29
)
RSUs/PSUs
(44
)
(49
)
Other (1)
(9
)
(12
)
Total share-based payments
(81
)
(90
)

(1) Includes DSP, DSUs and stock options.
Disclosure of number and weighted average exercise prices of share options
The following table summarizes BCE’s outstanding stock options at December 31, 2017 and 2016.
 
 
2017
2016
 
NOTE
NUMBER OF OPTIONS

WEIGHTED AVERAGE EXERCISE PRICE ($)

NUMBER OF OPTIONS

WEIGHTED AVERAGE EXERCISE PRICE ($)

Outstanding, January 1
 
10,242,162

52

9,666,904

48

Granted
 
3,043,448

59

2,968,062

58

Exercised(1)
25
(2,555,863
)
45

(2,236,891
)
44

Forfeited
 
(239,498
)
58

(155,913
)
52

Outstanding, December 31
 
10,490,249

55

10,242,162

52

Exercisable, December 31
 
2,013,983

45

1,786,251

42

(1)
The weighted average share price for options exercised was $60 and $59 in 2017 and 2016, respectively.
The following table summarizes the status of unvested employer contributions at December 31, 2017 and 2016.
NUMBER OF ESP SHARES
2017

2016

Unvested contributions, January 1
1,073,212

1,146,046

Contributions(1)
610,657

600,808

Dividends credited
49,299

49,988

Vested
(553,837
)
(586,309
)
Forfeited
(140,301
)
(137,321
)
Unvested contributions, December 31
1,039,030

1,073,212

(1)
The weighted average fair value of the shares contributed was $60 and $59 in 2017 and 2016, respectively.
Disclosure of number and weighted average exercise prices of other equity instruments
The following table summarizes outstanding RSUs/PSUs at December 31, 2017 and 2016.
NUMBER OF RSUs /PSUs
2017

2016

Outstanding, January 1
2,928,698

3,333,583

Granted(1)
879,626

874,888

Dividends credited
132,402

137,583

Settled
(1,096,403
)
(1,321,846
)
Forfeited
(103,931
)
(95,510
)
Outstanding, December 31
2,740,392

2,928,698

Vested, December 31(2)
985,382

1,058,200

(1)
The weighted average fair value of the RSUs/PSUs granted was $58 in 2017 and 2016.
(2)
The RSUs/PSUs vested on December 31, 2017 were fully settled in February 2018 with BCE common shares and/or DSUs.
Disclosure of range of exercise prices of outstanding share options
The following table provides additional information about BCE’s stock option plans at December 31, 2017.
 
STOCK OPTIONS OUTSTANDING
RANGE OF EXERCISE PRICES
NUMBER

WEIGHTED AVERAGE REMAINING LIFE (YEARS)

WEIGHTED AVERAGE EXERCISE PRICE ($)

$30–$39
35,408

0.14

36

$40-$49
1,978,575

2.54

46

$50-$59
8,377,818

5.19

58

$60 & above
98,448

5.84

61

 
10,490,249

4.68

55
Disclosure of indirect measurement of fair value of goods or services received, share options granted during period
The following table shows the principal assumptions used in the valuation.
 
2017

Weighted average fair value per option granted
$1.97
Weighted average share price
$58
Weighted average exercise price
$59
Dividend yield
5
%
Expected volatility
13
%
Risk-free interest rate
1
%
Expected life (years)
4