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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2017
Stock-Based Compensation [Abstract]  
Schedule Of Stock-Based Compensation Costs



 

 

 

 

 

 

 

 

 

 

 

 



 

For the three months ended

 

For the six months ended



 

June 30,

 

June 30,



 

2017

 

2016

 

2017

 

2016



 

(in millions)

Stock-based compensation cost – expensed (1) (2)

 

$

 

$

14 

 

$

12 

 

$

37 

Stock-based compensation cost – capitalized

 

$

 

$

 

$

 

$

(1)

Includes $2 million and $16 million related to the reduction in workforce for the three and six months ended June 30, 2016, respectively.

(2)

Includes $3 million related to executive management restructuring for the three and six months ended June 30, 2016, respectively.

Summary Of Stock Option Activity



 

 

 

 

 



 

Number

 

Weighted Average



 

of Options

 

Exercise Price



 

(in thousands)

 

(per share)

Outstanding at December 31, 2016

 

 

5,416 

 

$

23.46 

Granted

 

 

1,322 

 

 

8.59 

Exercised

 

 

–  

 

 

–  

Forfeited or expired

 

 

(454)

 

 

12.99 

Outstanding at June 30, 2017

 

 

6,284 

 

 

21.09 

Exercisable at June 30, 2017

 

 

3,582 

 

$

29.21 



Summary Of Restricted Stock Activity



 

 

 

 

 

 



 

Number

 

 

Weighted Average



 

of Shares

 

 

Fair Value



 

(in thousands)

 

 

(per share)

Unvested shares at December 31, 2016

 

 

3,321 

 

$

 

11.85 

Granted

 

 

4,903 

 

 

 

8.48 

Vested

 

 

(147)

 

 

 

11.44 

Forfeited

 

 

(416)

 

 

 

10.29 

Unvested shares at June 30, 2017

 

 

7,661 

 

$

 

9.79 



Summary Of Performance Unit Activity



 

 

 

 

 



 

Number

 

Weighted Average



 

of Units (1)

 

Fair Value



 

(in thousands)

 

(per share)

Unvested units at December 31, 2016

 

 

719 

 

$

11.46 

Granted

 

 

1,197 

 

 

10.47 

Vested

 

 

(2)

 

 

13.88 

Forfeited

 

 

(332)

 

 

10.93 

Unvested units at June 30, 2017

 

 

1,582 

 

$

10.82 

(1)

These amounts reflect the number of performance units granted in thousands.  The actual payout of shares may range from a minimum of zero shares to a maximum of two shares per unit contingent upon the actual performance against the Performance Measures. The performance units have a three-year vesting term and the actual disbursement of shares, if any, is determined during the first quarter following the end of the three-year vesting period.