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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2012
Stock-Based Compensation Cost and Associated Tax Benefit

Presented below is a summary of the stock-based compensation cost and associated tax benefit included in the accompanying consolidated statements of operations:

 

     Three Months Ended
June 30,
     Six Months Ended
June 30,
 
     2012      2011      2012      2011  

Stock compensation cost

   $ 14.9       $ 14.3       $ 29.9       $ 30.3   

Tax benefit

   $ 5.4       $ 5.6       $ 10.8       $ 11.2   
Weighted Average Assumptions used in Determining Fair Value for Options Granted

The following weighted average assumptions were used in determining the fair value for options granted in 2012:

 

Expected dividend yield

     1.66

Expected stock volatility

     44

Risk-free interest rate

     1.55

Expected holding period

     7.4 yrs   

Grant date fair value

   $ 15.19   
Stock Option Exercises and Restricted Stock Vesting

The following tables summarize information relating to stock option exercises and restricted stock vesting:

 

     Six Months Ended  
     June 30,  
     2012      2011  

Stock option exercises:

     

Proceeds from stock option exercises

   $ 46.7      $ 39.6  

Aggregate intrinsic value

   $ 26.6      $ 19.3  

Tax benefit realized upon exercise

   $ 10.1      $ 7.7  
     Six Months Ended
June 30,
 
     2012      2011  

Restricted stock vesting:

     

Fair value of shares vested

   $ 37.5      $ 18.8  

Tax benefit realized upon vesting

   $ 13.2      $ 7.0