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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of changes in outstanding stock options
A summary of changes in outstanding stock options is as follows:
 
December 31, 2012
 
Shares
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Term
 
Aggregate
Intrinsic
Value
 
(Shares and intrinsic value in thousands)
Outstanding at January 1, 2012
10,525

 
$
24.88

 
 
 
 

Granted
3,639

 
47.42

 
 
 
 

Exercised
(2,974
)
 
19.57

 
 
 
 

Forfeited
(643
)
 
33.69

 
 
 
 

Expired
(87
)
 
25.83

 
 
 
 

Outstanding at December 31, 2012
10,460

 
$
33.68

 
7.2
 
$
146,556

Options exercisable
4,518

 
$
25.33

 
5.2
 
$
99,010

Schedule of information about stock options outstanding and exercisable
The following table summarizes the information about stock options outstanding and exercisable at December 31, 2012:
 
Options Outstanding
 
Options Exercisable
Range of Exercise Prices
Outstanding at
December 31,
2012
 
Weighted-
Average
Remaining
Contractual
Life in Years
 
Weighted-
Average
Exercise
Price
 
Exercisable at
December 31,
2012
 
Weighted-
Average
Remaining
Contractual
Life
 
Weighted-
Average
Exercise
Price
 
(Shares in thousands)
$0.01 to $10.00
10

 
0.8
 
$
4.63

 
10

 
0.8

 
$
4.63

$10.01 to $20.00
1,549

 
5.1
 
16.84

 
1,468

 
5.0

 
16.83

$20.01 to $30.00
2,099

 
5.8
 
22.29

 
1,551

 
5.3

 
22.40

$30.01 to $40.00
2,594

 
8.2
 
32.36

 
768

 
8.0

 
32.27

$40.01 to $50.00
3,878

 
8.0
 
45.38

 
721

 
2.6

 
41.81

$50.01 to $60.00
330

 
9.1
 
59.15

 

 

 

 
10,460

 
7.2
 
$
33.68

 
4,518

 
5.2

 
$
25.33

Schedule of weighted average assumptions used in Black-Scholes option pricing model
The following are the weighted average assumptions used in the Black-Scholes option pricing model:
 
Years Ended December 31,
 
2012
 
2011
 
2010
Expected volatility
31
%
 
30
%
 
30
%
Risk-free interest rate
0.6
%
 
2.3
%
 
2.4
%
Expected term
4.4 years

 
6.1 years

 
5.6 years

Dividend yield
1.2

 

 

Schedule of outstanding nonvested RSUs and PSUs
Nonvested RSUs and PSUs outstanding at December 31, 2012 and changes during the year ended December 31, 2012 are as follows:
 
RSUs
 
PSUs
 
Number
of shares
 
Weighted
Average
Grant Date
Fair Value
 
Number
of shares(a)
 
Weighted
Average
Grant Date
Fair Value
 
(Shares in thousands)
Nonvested at January 1, 2012
560

 
$
31.06

 
4,541

 
$
24.41

Granted
191

 
46.03

 
16

 
48.75

Vested
(381
)
 
27.08

 
(2,671
)
 
21.19

Forfeited

 

 
(616
)
 
28.44

Nonvested at December 31, 2012
370

 
$
39.94

 
1,270

 
$
29.39

_______________________________________________________________________________
(a)
Included in the table are PSUs which vest at the end of two or three years in varying amounts depending upon certain performance conditions. The PSU table above includes these awards at their maximum potential payout.