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Share Based Compensation (Tables)
12 Months Ended
Dec. 31, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The following weighted-average assumptions were utilized in calculating the fair value of options granted during the periods indicated:
 
Year Ended December 31,
 
2015
 
2014
 
2013
Risk-free interest rate
1.8%
 
1.6%
 
1.1%
Dividend yield
5.2%
 
5.2%
 
5.4%
Historical volatility factor
0.240
 
0.236
 
0.356
Weighted-average expected life
7 years
 
6 years
 
6 years
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
A summary of the Company's share option activity and related information for the year ended December 31, 2015 follows:
 
 
Options (000s)
 
Weighted Average Exercise Price
Outstanding January 1, 2015
 
2,492

 
$
36.48

Granted
 
353

 
35.18

Exercised
 
(65
)
 
32.38

Forfeited
 
(171
)
 
41.53

Outstanding December 31, 2015
 
2,609

 
$
36.08

Exercisable at December 31, 2015
 
1,795

 
$
35.84

Schedule of Share-based Payment Award, Restricted Stock Units, Valuation Assumptions [Table Text Block]
The key assumptions used in the Monte Carlo simulation are as follows:

 
Year Ended December 31,
 
2015
 
2014
 
2013
Risk-free interest rate
0.99%
 
0.68%
 
0.35%
Volatility
17%
 
24%
 
26%
Schedule of Nonvested Share Activity [Table Text Block]
The Company's restricted LTI share activity for the year ended December 31, 2015 is as follows:
 
 
Shares (000s)
 
Weighted Avg. Grant Date Fair value
Nonvested at January 1, 2015
 
753

 
$
36.89

Granted
 
216

 
35.14

Vested
 
(207
)
 
35.61

Forfeited
 
(39
)
 
36.68

Nonvested at December 31, 2015
 
723

 
$
36.75