XML 23 R33.htm IDEA: XBRL DOCUMENT v2.4.0.6
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2011
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock Option and SAR Activity
Stock option and SAR activity for the year ended December 31, 2011 is summarized in the table below:
 
Shares
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual Life
 
Aggregate
Intrinsic Value
 
(in millions)
 
 
 
(in years)
 
(in millions)
Outstanding at beginning of period
112

 
$
40

 
 
 
 
Granted
1

 
44

 
 
 
 
Exercised
(18
)
 
29

 
 
 
 
Forfeited
(4
)
 
44

 
 
 
 
Outstanding at end of period
91

 
42

 
4.7

 
$
916

Exercisable at end of period
74

 
44

 
4.1

 
610

Vested and expected to vest end of period
91

 
42

 
4.7

 
905

Share-Based Compensation Principal Fair Value Assumptions
The principal assumptions the Company used in applying the option-pricing model were as follows:
 
2011
 
2010
 
2009
Risk free interest rate
0.9% - 2.3%
 
1.0% - 2.1%
 
1.7%-2.4%
Expected volatility
44.3% - 45.1%
 
45.4% - 46.2%
 
41.3% - 46.8%
Expected dividend yield
1.0% - 1.4%
 
0.1% - 1.7%
 
0.1%
Forfeiture rate
5.0%
 
5.0%
 
5.0%
Expected life in years
4.9 - 5.0
 
4.6 - 5.1
 
4.4 - 5.1
Restricted Share Activity
Restricted share activity for the year ended December 31, 2011 is summarized in the table below:
(shares in millions)
 
Shares
 
Weighted-Average
Grant Date
Fair Value
per Share
Nonvested at beginning of period
 
13

 
$
31

Granted
 
8

 
42

Vested
 
(3
)
 
32

Forfeitures
 
(1
)
 
35

Nonvested at end of period
 
17

 
36