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STOCK-BASED COMPENSATION.
9 Months Ended
Sep. 30, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation [Text Block]
NOTE 7
– STOCK-BASED COMPENSATION.

STOCK OPTIONS.

The following table summarizes the status of and changes in our stock option grants during the first nine months of 2012.
 
 
Options
 
Weighted-
average
exercise
price
Outstanding at beginning of year
39,239,722

 
$
45.27

Semiannual grants
3,483,825

 
$
62.38

Reload grants
114,622

 
$
62.58

New hire grants
15,804

 
$
57.66

Non-employee director grants
8,000

 
$
63.23

Exercised
(4,698,931
)
 
$
32.82

Forfeited
(673,890
)
 
$
51.77

Expired
(62,211
)
 
$
63.17

Outstanding at end of period
37,426,941

 
$
48.35

Exercisable at end of period
20,110,214

 
$
44.10


 
STOCK AWARDS.

The following table summarizes the status of and changes in our nonvested restricted shares and restricted stock units during the first nine months of 2012.
 
 
Restricted
shares
 
Restricted
stock
units
 
Weighted-average
fair value
Nonvested at beginning of year
637,393

 
351,017

 
$
51.83

Granted to employees and directors
784,090

 
384,075

 
$
62.37

Vested
(15,949
)
 
(11,595
)
 
$
56.33

Forfeited
(21,229
)
 
(7,900
)
 
$
54.24

Nonvested at end of period
1,384,305

 
715,597

 
$
57.60



FUTURE STOCK-BASED COMPENSATION EXPENSE.

The following table presents the compensation expense (in millions) to be recognized over the remaining vesting periods of the stock-based awards outstanding at September 30, 2012. Estimated future compensation expense will change to reflect future option grants, including reloads; future awards of unrestricted shares, restricted shares, and restricted stock units; changes in estimated forfeitures; and adjustments for actual forfeitures.
 
Fourth quarter 2012
$
26.4

2013
85.4

2014 through 2017
87.3

Total
$
199.1