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STOCK-BASED COMPENSATION (Tables)
6 Months Ended
Jun. 30, 2015
Stock-Based Compensation Cost and Associated Tax Benefit
Three Months EndedSix Months Ended
June 30,June 30,
2015201420152014
Stock-based compensation cost$21.7$20.3$44.4$40.6
Tax benefit$6.7$6.5$14.6$12.8
Weighted Average Assumptions used in Determining Fair Value for Options Granted
Expected dividend yield1.39%
Expected stock volatility39.4%
Risk-free interest rate1.88%
Expected holding period6.9 years
Grant date fair value$36.08
Stock Option Exercises and Restricted Stock Vesting
Six Months Ended
June 30,
Exercise of stock options:20152014
Proceeds from stock option exercises$51.9$89.0
Aggregate intrinsic value$49.9$69.2
Tax benefit realized upon exercise$17.9$25.3
Number of shares exercised1.02.0
Six Months Ended
June 30,
Vesting of restricted stock:20152014
Fair value of shares vested$110.8$91.9
Tax benefit realized upon vesting$35.6$32.0
Number of shares vested1.11.2
Six Months Ended
June 30,
Vesting of performance-based restricted stock:20152014
Fair value of shares vested$43.1$38.0
Tax benefit realized upon vesting$15.6$14.8
Number of shares vested0.50.5