EMPLOYEE STOCK BENEFIT PLANS

6 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Employee Stock Benefit Plans [Text Block]

EMPLOYEE STOCK BENEFIT PLANS

Stock-based compensation expense was as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
Dollars in Millions	2015		2014		2015		2014
Restricted stock	$	21	$	19	$	42	$	38
Market share units	9		8		18		17
Performance share units	29		23		53		44
Total stock-based compensation expense	$	59	$	50	$	113	$	99
Income tax benefit	$	20	$	17	$	38	$	33

In the six months ended June 30, 2015, 1.6 million restricted stock units, 0.7 million market share units and 1.6 million performance share units were granted. The weighted-average grant date fair value was $61.28 for restricted stock units, $67.03 for market share units and $65.07 for performance share units granted during the six months ended June 30, 2015.

Substantially all restricted stock units vest ratably over a four year period. Market share units vest ratably over a four year period and the number of shares ultimately issued is based on share price performance. The fair value of market share units considers the probability of satisfying market conditions. Performance share units vest at the end of the three-year performance period. The number of shares issued when performance share units vest is determined based on the achievement of annual performance goals. The number of shares issued for 2014-2016 and 2015-2017 performance share unit awards are also adjusted based on the Company's three-year total shareholder return relative to a peer group of companies.

Unrecognized compensation cost related to nonvested awards of $419 million is expected to be recognized over a weighted-average period of 2.6 years.