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Stockbased Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2010
Stock-based Compensation Expense Tables [Abstract]  
Components of pre-tax stock-based compensation expense

       The components of pre-tax stock-based compensation expense are as follows:

 

            
(In millions) 2010 2009 2008
            
Stock Option Awards $ 48.7 $ 41.6 $ 35.6
Restricted share/Unit Awards   33.1   25.4   20.8
            
Total Stock-based Compensation Expense $ 81.8 $ 67.0 $ 56.4
            
Allocation of stock-based compensation period costs
            
  Stock-based compensation expense is included in the accompanying statement of income as follows:
            
(In millions) 2010 2009 2008
            
Cost of Revenues $ 5.9 $ 6.1 $ 4.1
Selling, General and Administrative Expenses   74.1   58.8   50.7
Research and Development Expenses   1.8   2.1   1.6
            
Total Stock-based Compensation Expense $ 81.8 $ 67.0 $ 56.4
            
Weighted average assumptions used in the Black-Scholes option pricing model

       The weighted average assumptions used in the Black-Scholes option pricing model are as follows:

 

  2010 2009 2008
            
Expected Stock Price Volatility  32%  31%  22%
Risk Free Interest Rate  2.0%  2.2%  2.4%
Expected Life of Options (years)   4.1   3.8   4.4
Expected Annual Dividend per Share $ $ $
Summary of option activity

       A summary of option activity as of December 31, 2010 and changes during the three years then ended is presented below:

 

  Shares (in millions) Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (a) (in millions)
             
Outstanding at December 31, 2007   15.3 $ 33.99      
 Granted   4.4   55.23      
 Exercised   (3.2)   26.95      
 Canceled / Expired   (0.4)   48.47      
               
Outstanding at December 31, 2008   16.1   40.72      
 Granted   7.3   37.45      
 Exercised   (1.7)   31.77      
 Canceled / Expired   (1.8)   50.43      
               
Outstanding at December 31, 2009   19.9   39.39      
 Granted   4.3   49.61      
 Exercised   (2.4)   31.96      
 Canceled / Expired   (0.8)   44.55      
               
Outstanding at December 31, 2010   21.0   42.15   4.5   
               
Vested and Unvested Expected to Vest at            
December 31, 2010   20.4   42.03   4.4 $ 273.6
               
Exercisable at December 31, 2010   10.8   39.73   3.3 $ 169.8

(a)       Market price per share on December 31, 2010 was $55.36. The intrinsic value is zero for options with exercise prices above the market price.

 

Summary of restricted share/unit activity

       A summary of the status of the company's restricted shares/units as of December 31, 2010 and changes during the three years then ended are presented below:

 

  Shares (in thousands) Weighted Average Grant-Date Fair Value
       
Unvested at December 31, 2007   791 $ 46.55
 Granted   397   55.09
 Vested   (374)   44.68
 Forfeited   (19)   51.87
           
Unvested at December 31, 2008   795   47.80
 Granted   1,475   39.76
 Vested   (436)   46.34
 Forfeited   (163)   43.59
           
Unvested at December 31, 2009   1,671   41.99
 Granted   704   49.43
 Vested   (499)   42.00
 Forfeited   (92)   39.56
           
Unvested at December 31, 2010   1,784   45.05