Stock-based Compensation

9 Months Ended

Sep. 30, 2012

Stock Based Compensation Disclosure [Abstract]

Stock-based Compensation

2) STOCK-BASED COMPENSATION

The following table summarizes the Company's stock-based compensation expense for the three and nine months ended September 30, 2012 and 2011.

		Three Months Ended				Nine Months Ended
		September 30,				September 30,
			2012		2011		2012		2011
RSUs and PSUs		$	28	$	25	$	88	$	77
Stock options and equivalents			10		10		31		33
Stock-based compensation expense,
	before income taxes		38		35		119		110
Related tax benefit			(15)		(14)		(46)		(44)
Stock-based compensation expense,
	net of tax benefit	$	23	$	21	$	73	$	66

During the nine months ended September 30, 2012, the Company granted 5 million RSUs with a weighted average per unit grant date fair value of $30.16. RSU grants duringthe first nine months of 2012 generally vest over a one-to-four-year service period. Certain RSU awards are also subject to satisfying performance conditions. The number of shares that will be issued upon vesting of RSU awards with performance conditions can range from 0% to 120% of the target award, based on the achievement of established operating performance goals. During the nine months ended September 30, 2012, the Company also granted 3 million stock options with a weighted average exercise price of $29.44. Stock option grants during the first nine months of 2012 generally vest over a three-to-four-year service period and expire eight years from the date of grant.

Total unrecognized compensation cost related to non-vested RSUs at September 30, 2012 was $198 million, which is expected to be expensed over a weighted average period of 2.4 years. Total unrecognized compensation cost related to non-vested stock option awards at September 30, 2012 was $68 million, which is expected to be expensed over a weighted average period of 2.4years.