XML 67 R50.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Assumptions Used in Options Pricing Model

The assumptions pertaining to options issued during 2012, 2011 and 2010 are shown in the following table.

 

Year ended December 31,    2012     2011     2010      

Average option life

     6.3 years        6.2 years        6.1 years     

Future dividend yield

     1.50   %      .43   %      .48   %   

Historical share price volatility

     .489       .479       .473    

Weighted-average risk-free interest rate

     1.2   %      2.6   %      2.2   %   
Activity, Pricing and Other Information for Stock Options

The following table summarizes activity, pricing and other information for our stock options for the year ended December 31, 2012.

 

      Number of
Options
   

Weighted-Average
Exercise Price

Per Option

     Weighted-Average
Remaining Life
(Years)
     Aggregate
Intrinsic
Value (a)
 

Outstanding at December 31, 2011

     32,932,618      $             21.12        

Granted

     4,250,931       7.97        

Exercised

     (421,846     5.80        

Lapsed or canceled

     (4,141,884     23.16        

Outstanding at December 31, 2012

     32,619,819      $ 19.36        4.7      $             12  
  

 

 

         
                                    

Expected to vest

     6,433,010      $ 8.32        8.4      $ 2   

Exercisable at December 31, 2012

     25,381,611      $ 22.51        3.7      $ 10   

 

(a) The intrinsic value of a stock option is the amount by which the fair value of the underlying stock exceeds the exercise price of the option. At December 31, 2012, the fair value of the underlying stock was less than the weighted-average exercise price per option.
Activity and Pricing Information for Nonvested Shares in Long-Term Incentive Compensation Program

The following table summarizes activity and pricing information for the nonvested shares in the Program for the year ended December 31, 2012.

 

     Vesting Contingent on
Service Conditions
     Vesting Contingent on
Performance and

Service Conditions
 
     

Number of
Nonvested
Shares

 

   

Weighted-
Average
Grant-Date
Fair Value

 

    

Number of
Nonvested
Shares

 

   

Weighted-
Average
Grant-Date
Fair Value

 

 

Outstanding at December 31, 2011

     4,323,971     $   8.57        1,061,987     $   8.78  

Granted

     2,181,042       7.98        3,204,600       8.13  

Vested

     (916,807     9.04        (21,400     8.56  

Forfeited

 

    

 

(442,493

 

 

   

 

8.26

 

 

 

    

 

(152,624

 

 

   

 

8.18

 

 

 

Outstanding at December 31, 2012

     5,145,713     $ 8.27        4,092,563     $ 8.21  
  

 

 

      

 

 

   
Activity and Pricing Information for Nonvested Shares Granted Under Other Restricted Stock Awards

The following table summarizes activity and pricing information for the nonvested shares granted under these restricted stock awards for the year ended December 31, 2012.

 

      Number of
Nonvested
Shares
   

Weighted-Average
Grant-Date

Fair Value

      

Outstanding at December 31, 2011

     3,686,784     $             7.58     

Granted

     1,199,490       7.98     

Vested

     (1,835,447     7.57     

Forfeited

 

    

 

(334,173

 

 

   

 

7.63

 

 

 

  

Outstanding at December 31, 2012

     2,716,654     $ 7.84     
  

 

 

      
Activity and Pricing Information for Nonvested Shares in Deferred Compensation Plans

The following table summarizes activity and pricing information for the nonvested shares in our deferred compensation plans for the year ended December 31, 2012.

 

      Number of
Nonvested
Shares
   

Weighted-Average
Grant-Date

Fair Value

      

Outstanding at December 31, 2011

     1,338,325     $             7.64     

Granted

     815,663       6.63     

Dividend equivalents

     77,930       8.23     

Vested

     (930,731     7.75     

Forfeited

 

    

 

(105,338

 

 

   

 

6.62

 

 

 

  

Outstanding at December 31, 2012

     1,195,849     $ 7.00