Stock-Based Compensation Programs (Tables)

9 Months Ended

Sep. 30, 2016

Stock-Based Compensation Programs

Schedule of weighted average assumptions used for estimating fair values of options

	July 2016		January 2016		February 2015
Expected dividend yield	0.73	%	0.79	%	0.79	%
Expected stock price volatility	24.14	%	29.25	%	22.11	%
Risk-free interest rate	1.22	%	1.57	%	1.39	%
Expected life of options (in years)	6.10	years	5.94	years	5.85	years