Stock-Based Compensation

9 Months Ended

Sep. 30, 2011

Note 11. Stock-Based Compensation

We recognized stock-based compensation expense as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2011			2010			2011			2010
(millions)
Stock-Based Compensation Expense	$	15		$	13		$	43		$	40
Tax Benefit Recognized		(5	)		(5	)		(15	)		(14	)

During the nine months ended September 30, 2011, we granted stock options and awarded shares of restricted stock (subject to service conditions) as follows:

	Number Granted/Awarded		Weighted Average Fair Value
Stock Options		985,503	$	30.18
Shares of Restricted Stock		403,097	$	90.34

On April 26, 2011, our stockholders approved the amendment and restatement of our 1992 Stock Option and Restricted Stock Plan to increase the number of shares of common stock authorized for issuance under the plan from 24 million to 31 million and modify certain plan provisions.