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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Share-Based Compensation (Tables) [Abstract]  
Share-based compensation expense recorded in 'Selling and administrative expenses'
Share-based compensation expense and cash flow amounts were as follows:
 
Year Ended December 31,
 
2012
 
2011
 
2010
 
(Dollars in millions)
Share-based compensation expense
$
45.4

 
$
43.9

 
$
41.1

Tax benefit
16.7

 
16.3

 
15.4

Share-based compensation expense, net of tax benefit
28.7

 
27.6

 
25.7

Cash received upon the exercise of stock options and from employee stock purchases
9.4

 
11.1

 
22.2

Excess tax benefits related to share-based compensation
8.3

 
8.1

 
51.0

Summary of restricted stock award activity
A summary of restricted stock award activity is as follows:
 
Year Ended
December 31,
2012
 
Weighted
Average
Grant-Date
Fair Value
Nonvested at December 31, 2011
1,531,092

 
$
45.16

Granted
1,334,532

 
34.05

Vested
(594,128
)
 
28.73

Forfeited
(232,165
)
 
45.29

Nonvested at December 31, 2012
2,039,331

 
$
42.34

Schedule of Share-based Compensation, Stock Options, Activity
A summary of outstanding option activity under the plans is as follows:
 
Year Ended
December 31,
2012
 
Weighted
Average
Exercise
Price
 
Weighted
Average
Remaining
Contractual
Life
 
Aggregate
Intrinsic
Value (in
millions)
Options Outstanding at December 31, 2011
1,884,780

 
$
37.92

 
5.6

 
$
11.0

Granted
369,782

 
36.27

 
 

 
 

Exercised
(218,281
)
 
9.90

 
 

 
 

Forfeited
(211,056
)
 
47.37

 
 

 
 

Options Outstanding at December 31, 2012
1,825,225

 
$
39.85

 
5.7

 
$
2.5

Vested and Exercisable
1,325,951

 
$
37.90

 
4.6

 
$
2.5

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions
The weighted-average fair values of the Company’s stock options and the assumptions used in applying the Black-Scholes option pricing model were as follows:
 
Year Ended December 31,
 
2012
 
2011
 
2010
Weighted-average fair value
$
18.59

 
$
33.92

 
$
25.70

Risk-free interest rate
0.9
%
 
2.0
%
 
2.8
%
Expected option life
5.0 years

 
5.0 years

 
5.0 years

Expected volatility
64.0
%
 
64.1
%
 
64.2
%
Dividend yield
0.6
%
 
0.6
%
 
0.6
%
Summary of performance unit activity
A summary of performance unit activity is as follows:
 
Year Ended
December 31,
2012
 
Weighted
Average
Remaining
Contractual
Life
Nonvested at December 31, 2011
260,989

 
1.5

Granted
218,368

 
 

Forfeited
(75,343
)
 
 

Vested
(117,382
)
 
 

Nonvested at December 31, 2012
286,632

 
1.5

Assumptions used in the valuations for grants
The assumptions used in the valuations for grants were as follows:
 
Year Ended December 31,
 
2012
 
2011
 
2010
Risk-free interest rate
0.4
%
 
1.0
%
 
1.7
%
Expected volatility
52.8
%
 
63.9
%
 
64.1
%
Dividend yield
0.6
%
 
0.6
%
 
0.6
%