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Employee benefit plans and stock-based compensation plans (reflecting the two for one stock split effective June, 8 2010) (Tables)
12 Months Ended
Dec. 31, 2011
Employee benefit plans and stock-based compensation plans (reflecting the two-for-one stock split effective June 8, 2010)  
Status of restricted stock and performance shares
                 
    2011  

(share data in millions)

  Shares     Weighted-
Average  Grant
Date Fair Value
 

Outstanding at beginning of year

    1.0     $ 31.95  

Granted

    0.8       48.72  

Other(1)

    0.2       55.68  

Released

    (0.7     28.77  

Forfeited/Cancelled

    —            
   

 

 

         

Outstanding at end of period

    1.3     $ 41.92  
   

 

 

         

 

(1)

Represents additional performance shares issued above the original value for exceeding certain performance metrics

Status of stock options and SSRs
                 
    2011  

(share data in millions)

  Shares     Weighted-Average
Exercise Price
 

Outstanding at beginning of year

    13.3     $ 27.83  

Granted

    3.3       52.97  

Exercised

    (2.4     21.91  

Forfeited/cancelled

    (0.5     40.56  
   

 

 

         

Outstanding at end of period

    13.7     $ 34.54  
   

 

 

         
     

Awards exercisable at period end

    7.9     $ 26.36  
   

 

 

         
Weighted average assumptions to value options and SSRs granted
             
    2011   2010   2009

Expected life of option

  2-5 years   3-5 years   3-5 years

Risk-free interest rate

  0.3%-2.2%   0.5%-2.4%   1.3%-2.4%

Expected volatility of stock

  30%-39%   36%-41%   35%-39%

Expected dividend yield

  None   None   None

Weighted average volatility of stock

  36.6%   38.4%   37.5%
Total stock option exercised and restricted shares vested
                         

(in millions, except per share data)

  2011     2010     2009  

Proceeds from stock options exercised

  $ 35.9     $ 38.2     $ 9.4  

Intrinsic value of stock options exercised

    82.8       123.7       48.8  

Weighted average fair value of options granted during the year

  $ 14.74     $ 15.97     $ 7.27