Stock-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2013

Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]

The following table summarizes the components of stock-based compensation:



	Three Months Ended				Nine Months Ended
	September 30,				September 30,
	2013		2012		2013		2012
	(In millions)
Stock-based compensation expense	$	18	$	21	$	81	$	61
Tax benefit	$	7	$	8	$	31	$	23
Stock-based compensation cost capitalized in property, plant and equipment	$	1	$	1	$	5	$	3

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes our stock option activity for the nine months ended September 30, 2013:



	Number of Options		Weighted Average Exercise Price		Aggregate Intrinsic Value (In millions)
Options outstanding at December 31, 2012	1,192,670		$	41.86
Exercised	(399,139	)	$	40.54
Forfeited or expired	(10,370	)	$	41.46
Options outstanding at September 30, 2013	783,161		$	42.54	$	20
Options exercisable at September 30, 2013	783,161		$	42.54	$	20

Schedule of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]

Restricted Stock Awards

The following table summarizes the Company’s restricted stock awards activity for the nine months ended September 30, 2013:



	Restricted Stock		Weighted Average Grant Date Fair Value
Balance at December 31, 2012	597,648		$	48.33
Grants	127,785		$	64.72
Forfeitures	(5,621	)	$	53.53
Vested and issued	(218,600	)	$	45.39
Balance at September 30, 2013	501,212		$	53.71

Performance Share Awards

The following table summarizes the Company’s performance share activity for the nine months ended September 30, 2013:



	Performance Shares
Balance at December 31, 2012	1,634,364
Grants	549,360
Forfeitures	(36,168	)
Payouts	(548,624	)
Balance at September 30, 2013	1,598,932

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

+ References+ Details