Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Details of Grants of Stock-based Compensation

Stock-based compensation and the income tax benefit recognized during the three and nine months ended September 30, 2016 and 2015 were as follows:

	Three Months Ended September 30				Nine Months Ended September 30
($ in millions)	2016		2015		2016		2015
Stock-based compensation	$	12	$	2	$	38	$	42
Income tax benefit recognized	$	3	$	1	$	13	$	14

Grants of stock-based compensation during the nine months ended September 30, 2016 and 2015 were as follows:

	Nine Months Ended September 30
	2016			2015
Grant Details	Shares	Fair Value		Shares	Fair Value
Stock options	705,334	$	17.94	569,650	$	26.94
Restricted stock units	251,824	$	91.55	190,921	$	113.75
Contingent shares (a)	62,116	$	95.46	63,062	$	117.91

(a) The number of contingent shares represents the target value of the award.

Weighted Average Assumptions Used in Calculating the Fair Value of Stock Option

The fair value of the stock option grants issued in the nine months ended September 30, 2016 was calculated with the following weighted average assumptions:

Weighted average exercise price	$	95.29
Risk-free interest rate	1.6		%
Expected life of option in years	6.5
Expected dividend yield	2.1		%
Expected volatility	22.8		%