XML 123 R115.htm IDEA: XBRL DOCUMENT v2.4.0.6
Equity Incentive Plans (Details) (USD $)
12 Months Ended
Dec. 31, 2011
Incentive
Dec. 31, 2010
Dec. 31, 2009
Equity Incentive Plans      
Number of equity incentive plans 2    
Compensation expense $ 64,000,000 $ 68,000,000 $ 74,000,000
Share-based compensation arrangement by share-based payment award, recognized tax benefits 21,000,000 23,000,000 25,000,000
Cash received from the exercise of options 19,000,000 28,000,000 3,000,000
Tax benefit realized on options exercised and stock unrestricted 10,000,000 11,000,000 3,000,000
Equity Incentive Plans      
Unrecognized compensation cost related to nonvested awards 105,000,000    
Common stock authorized for stock-based awards (in shares) 77,800,000    
Common stock reserved for further issuance (in shares) 19,200,000    
Restricted stock and restricted stock units activity      
Tax (expense) benefit realized related to all stock-based compensation included in shareholder's equity (400,000) 500,000 (6,000,000)
Stock options
     
Equity Incentive Plans      
Vesting period of options granted prior to 2011 (in years) 4    
Portion of awards vesting on second anniversary of grant date (as a percent) 50.00%    
Portion of awards vesting on third and fourth anniversaries of grant date (as a percent) 25.00%    
Expiration term for options (in years) 10    
Age for normal retirement (in years) 60    
Requisite service period for normal retirement (in years) 1    
Age for early retirement (in years) 55    
Requisite service period for early retirement (in years) 10    
Vesting period of options (in months) 12 months    
Period for exercise of option (in months) 3    
Assumptions used to determine fair value of options granted      
Weighted average expected term (in years) 7.9 7.8 8.1
Expected volatility, low end of the range (as a percent) 22.10% 23.70% 26.30%
Expected volatility, high end of the range (as a percent) 53.90% 52.30% 79.20%
Weighted average volatility (as a percent) 35.10% 35.10% 38.30%
Expected dividends, minimum range (as a percent) 2.50% 2.40%  
Expected dividends, maximum range (as a percent) 3.70% 2.80%  
Expected dividends (as a percent)     2.60%
Weighted average expected dividends (as a percent) 2.70% 2.60% 2.60%
Risk-free rate, low end of the range (as a percent) 0.00% 0.10% 0.00%
Risk-free rate, high end of the range (as a percent) 3.50% 3.90% 3.70%
Stock option activity      
Outstanding at the beginning of the period (in shares) 35,296,000    
Granted (in shares) 4,177,000    
Exercised (in shares) (1,080,000)    
Forfeited (in shares) (1,230,000)    
Expired (in shares) (3,216,000)    
Outstanding at the end of the period (in shares) 33,947,000 35,296,000  
Outstanding, net of expected forfeitures (in shares) 33,645,000    
Outstanding, exercisable ("vested") (in shares) 21,417,000    
Outstanding at the beginning of the period (in dollars per share) $ 39.39    
Granted (in dollars per share) $ 31.57    
Exercised (in dollars per share) $ 17.87    
Forfeited (in dollars per share) $ 28.69    
Expired (in dollars per share) $ 44.69    
Outstanding at the end of the period (in dollars per share) $ 39.00 $ 39.39  
Outstanding, net of expected forfeitures (in dollars per share) $ 39.08    
Outstanding, exercisable ("vested") (in dollars per share) $ 45.26    
Aggregate intrinsic value, Outstanding 71,171,000    
Aggregate intrinsic value, net of expected forfeitures, outstanding 70,686,000    
Aggregate intrinsic value, exercisable ("vested"), outstanding 28,243,000    
Weighted average remaining contractual term, Outstanding (in years) 5.1    
Weighted average remaining contractual term, net of expected forfeitures, outstanding (in years) 5.0    
Weighted average remaining contractual term, exercisable ("vested"), outstanding (in years) 3.5    
Weighted average grant date fair value of options granted (in dollars per share) $ 9.49 $ 9.89 $ 5.74
Intrinsic value of options exercised 15,000,000 16,000,000 428,000
Restricted stock and restricted stock units activity      
Tax (expense) benefit realized related to all stock-based compensation included in shareholder's equity 3,000,000 4,000,000 0
Nonqualified stock options
     
Equity Incentive Plans      
Unrecognized compensation cost related to nonvested awards 56,000,000    
Expected period of recognition of unrecognized compensation cost (in years) 2.36    
Restricted stock units
     
Equity Incentive Plans      
Unrecognized compensation cost related to nonvested awards 49,000,000    
Expected period of recognition of unrecognized compensation cost (in years) 2.46    
Portion of awards vesting on second anniversary of grant date (as a percent) 50.00%    
Portion of awards vesting on third and fourth anniversaries of grant date (as a percent) 25.00%    
Restricted stock and restricted stock units activity      
Outstanding at the beginning of the period (in shares) 3,757,000    
Granted (in shares) 1,366,000    
Vested (in shares) (417,000)    
Forfeited (in shares) (380,000)    
Outstanding at the end of the period (in shares) 4,326,000 3,757,000  
Weighted average grant date fair value, nonvested at the beginning of the period (in dollars per share) $ 31.50    
Weighted average grant date fair value, granted (in dollars per share) $ 31.38 $ 31.32 $ 17.47
Weighted average grant date fair value, vested (in dollars per share) $ 61.66    
Weighted average grant date fair value, forfeited (in dollars per share) $ 29.08    
Weighted average grant date fair value, nonvested at the end of the period (in dollars per share) $ 28.76 $ 31.50  
Total fair value of restricted stock and restricted stock units vested $ 13,000,000 $ 16,000,000 $ 11,000,000