XML 18 R78.htm IDEA: XBRL DOCUMENT v2.4.0.8
STOCK-BASED COMPENSATION – STOCK OPTIONS (Details) (Stock options, USD $)
In Millions, except Share data, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Stock options
   
Weighted-average fair values along with the assumptions incorporated into the valuation model    
Period of historical volatility used to estimate expected volatility 10 years  
Expected term 8 years  
Risk-free interest rate, minimum (as a percent) 0.12%  
Risk-free interest rate, maximum (as a percent) 2.88%  
Expected dividend yield (as a percent) 5.28%  
Expected volatility (as a percent) 18.00%  
Weighted-average fair value per stock option (in dollars per share) $ 6.70 $ 6.03
Stock Options    
Outstanding, at the beginning of the period (in shares) 1,550,374  
Granted (in shares) 264,332  
Exercised (in shares) (411,214)  
Forfeited (in shares) (2,542)  
Outstanding, at the end of the period (in shares) 1,400,950  
Exercisable at the end of the period (in shares) 714,317  
Weighted-Average Exercise Price Per Share    
Outstanding at the beginning of the period (in dollars per share) $ 50.93  
Granted (in dollars per share) $ 55.23  
Exercised (in dollars per share) $ 48.63  
Forfeited (in dollars per share) $ 55.23  
Outstanding at the end of the period (in dollars per share) $ 52.41  
Exercisable at the end of the period (in dollars per share) $ 50.33  
Weighted-Average Remaining Contractual Life (in Years)    
Outstanding at the end of the period 6 years 7 months  
Exercisable at the end of period 4 years 11 months  
Aggregate Intrinsic Value    
Outstanding at the end of the period (in dollars) $ 17.4  
Exercisable at the end of the period (in dollars) 10.3  
Options exercised (in dollars) 7.5 9.0
Additional disclosures    
Tax benefit realized for the tax deductions from option exercises 3.0 3.6
Compensation cost not yet recognized $ 1.5