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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of Nonvested Restricted Stock, Stock Grants and Stock Units
The following table is a summary of awards granted and the weighted-average grant date fair value for the three years ended 2016, 2015 and 2014.

 
Restricted Stock Units, Stock Grants, and Stock Units (a)
 
Performance Shares (b)
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
Units granted
141,811

 
152,651

 
179,291

 
166,666

 
151,430

 
166,244

Weighted-average grant date fair value
$
67.34

 
$
64.12

 
$
54.89

 
$
66.60

 
$
64.97

 
$
54.86

(a)
Units granted includes awards that will be cash settled of 43,952 in 2016, 45,104 in 2015, and 49,018 in 2014.
(b)
Reflects the target payout level.
The following table is a summary of the status of non-vested awards as of December 31, 2016 and changes during the year.

 
Restricted Stock Units, Stock Grants, and Stock Units
 
Performance Shares
 
Shares
 
Weighted-Average
Grant Date
Fair Value
 
Shares (b)
 
Weighted-Average
Grant Date
Fair Value
Nonvested at January 1, 2016
428,287

 
$
56.69

 
305,832

 
$
58.86

Granted
141,811

 
67.34

 
166,666

 
66.60

Change in performance factor

 

 
15,573

 
54.09

Vested
(230,881
)
 
55.07

 
(171,303
)
 
54.09

Forfeited (c)
(3,958
)
 
62.86

 
(4,044
)
 
62.34

Nonvested at December 31, 2016
335,259

(a)
62.04

 
312,724

 
65.32

Vested Awards Outstanding at December 31, 2016
174,201

 


 
171,303

 



 
(a)
Includes 112,554 of awards that will be cash settled.
(b)
The nonvested performance shares are reflected at target payout level.  The performance metric component increase or decrease in the number of shares from the target level to the estimated actual payout level is included in the increase for performance factor amounts in the year the award vests.
(c)
We account for forfeitures as they occur.

Summary of Nonvested Performance Shares
The following table is a summary of the status of non-vested awards as of December 31, 2016 and changes during the year.

 
Restricted Stock Units, Stock Grants, and Stock Units
 
Performance Shares
 
Shares
 
Weighted-Average
Grant Date
Fair Value
 
Shares (b)
 
Weighted-Average
Grant Date
Fair Value
Nonvested at January 1, 2016
428,287

 
$
56.69

 
305,832

 
$
58.86

Granted
141,811

 
67.34

 
166,666

 
66.60

Change in performance factor

 

 
15,573

 
54.09

Vested
(230,881
)
 
55.07

 
(171,303
)
 
54.09

Forfeited (c)
(3,958
)
 
62.86

 
(4,044
)
 
62.34

Nonvested at December 31, 2016
335,259

(a)
62.04

 
312,724

 
65.32

Vested Awards Outstanding at December 31, 2016
174,201

 


 
171,303

 



 
(a)
Includes 112,554 of awards that will be cash settled.
(b)
The nonvested performance shares are reflected at target payout level.  The performance metric component increase or decrease in the number of shares from the target level to the estimated actual payout level is included in the increase for performance factor amounts in the year the award vests.
(c)
We account for forfeitures as they occur.

The following table is a summary of awards granted and the weighted-average grant date fair value for the three years ended 2016, 2015 and 2014.

 
Restricted Stock Units, Stock Grants, and Stock Units (a)
 
Performance Shares (b)
 
2016
 
2015
 
2014
 
2016
 
2015
 
2014
Units granted
141,811

 
152,651

 
179,291

 
166,666

 
151,430

 
166,244

Weighted-average grant date fair value
$
67.34

 
$
64.12

 
$
54.89

 
$
66.60

 
$
64.97

 
$
54.86

(a)
Units granted includes awards that will be cash settled of 43,952 in 2016, 45,104 in 2015, and 49,018 in 2014.
(b)
Reflects the target payout level.