XML 56 R46.htm IDEA: XBRL DOCUMENT v3.19.1
Stockholders' Deficit (Tables)
3 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Total Share-based Incentive Compensation Expense
The table below shows our total share-based incentive compensation expense:
 
 
Three Months Ended
March 31,
(In millions)
 
2019
 
2018
Total share-based incentive compensation expense(1)
 
$
8.4

 
$
7.6

 
(1) 
The amounts included above do not include the expense related to our U.S. profit sharing contributions made in the form of our common stock or the expense or income related to certain cash-based awards, however, the amounts include the expense related to share based awards that are settled in cash.
Number of PSUs Granted and Grant Date Fair Value of PSUs
The number of PSUs granted and the grant date fair value of the PSUs are shown in the following table:
 
 
TSR
 
ROIC
 
Adjusted EBITDA
Number of units granted
 
49,819

 
66,807

 
66,807

Fair value on grant date(1)
 
$
58.25

 
$
42.16

 
$
42.16

 

(1) 
Represents weighted average fair value for PSU awards approved on February 13, 2019 and February 14, 2019.
Summary of Assumptions Used to Calculate the Grant Date Fair Value
The assumptions used to calculate the grant date fair value of the PSUs based on TSR are shown in the following table:
 
TSR portion of the 2019 PSU Award
Expected price volatility(1)
22.8
%
Risk-free interest rate(1)
2.5
%

 
(1) 
Represents average of assumptions for PSU awards approved on February 13, 2019 and February 14, 2019.