Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2014

Share-based Compensation [Abstract]

Share-Based Compensation Expense

The expenses recognized for the three months ended March 31 were as follows:

	Three months ended
In millions	2014			2013
Stock options	$	6.5		$	7.9
RSUs	10.2			10.1
Perfomance shares	9.6			3.9
Deferred compensation	0.4			0.4
Other	(0.4		)	0.7
Pre-tax expense	26.3			23.0
Tax benefit	(10.1		)	(8.8		)
After-tax expense	$	16.2		$	14.2
Amounts recorded in continuing operations	$	16.2		$	13.1
Amounts recorded in discontinued operations	—			1.1
Total	$	16.2		$	14.2

Grants of Stock Options and RSUs

Grants issued during the three months ended March 31 were as follows:

	2014			2013
	Number granted	Weighted- average fair value per award		Number granted	Weighted- average fair value per award
Stock options	1,150,982	$	14.29	1,318,418	$	16.51
RSUs	372,259	$	59.83	527,923	$	52.32

Average fair value of stock options, assumptions

The following assumptions were used during the three months ended March 31:

	2014		2013
Dividend yield	1.67	%	1.60	%
Volatility	31.43	%	42.15	%
Risk-free rate of return	1.46	%	0.85	%
Expected life	4.9 years		5.1 years