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Employee Benefit Plans (Tables)
12 Months Ended
Dec. 31, 2017
Compensation And Retirement Disclosure [Abstract]  
Schedule of Fair Value of TSR Performance RSUs

We estimated the fair value of the TSR Performance RSUs referred to above on the date of the grant using a Monte Carlo simulation with the following assumptions:

 

Volatility of common stock

 

 

27.85

%

Expected dividend yield

 

 

0.00

%

Risk-free interest rate

 

 

2.33

%

 

Schedule of Non-Vested Stock Awards

A summary of the status of our non-vested stock awards is presented in the table below:

 

 

 

Shares/Units

 

 

Weighted Average

Market Value

Per Share

 

Balance at December 31, 2014

 

 

7,542,096

 

 

$

22.53

 

Granted

 

 

2,195,638

 

 

 

36.80

 

Vested

 

 

(2,033,263

)

 

 

21.29

 

Forfeited

 

 

(237,406

)

 

 

26.10

 

Balance at December 31, 2015

 

 

7,467,065

 

 

 

29.08

 

Granted

 

 

1,496,408

 

 

 

29.24

 

Vested

 

 

(3,840,379

)

 

 

25.09

 

Forfeited

 

 

(279,821

)

 

 

28.62

 

Balance at December 31, 2016

 

 

4,843,273

 

 

 

31.66

 

Granted

 

 

5,152,082

 

 

 

40.11

 

Vested

 

 

(2,020,812

)

 

 

29.75

 

Forfeited

 

 

(297,441

)

 

 

32.85

 

Balance at December 31, 2017

 

 

7,677,102

 

 

 

37.76