Share-Based Compensation (Tables)

9 Months Ended

Sep. 30, 2014

Share-based compensation expense relates to continuing operations and is included in Selling and administrative expenses. The expenses recognized for the three and nine months ended September 30 were as follows:



	Three months ended						Nine months ended
In millions	2014			2013			2014			2013
Stock options	$	3.3		$	4.3		$	13.3		$	17.5
RSUs	5.0			5.5			20.1			21.9
Perfomance shares	4.9			4.5			19.3			15.8
Deferred compensation	0.3			0.3			1.3			1.2
Other	(0.4		)	0.9			(0.1		)	1.7
Pre-tax expense	13.1			15.5			53.9			58.1
Tax benefit	(5.0		)	(5.9		)	(20.6		)	(22.2		)
After-tax expense	$	8.1		$	9.6		$	33.3		$	35.9
Amounts recorded in continuing operations	$	8.1		$	8.5		$	33.3		$	32.4
Amounts recorded in discontinued operations	—			1.1			—			3.5
Total	$	8.1		$	9.6		$	33.3		$	35.9

Grants of Stock Options and RSUs

Grants issued during the nine months ended September 30 were as follows:



	2014			2013
	Number granted	Weighted- average fair value per award		Number granted	Weighted- average fair value per award
Stock options	1,160,057	$	14.29	1,338,402	$	16.54
RSUs	375,273	$	59.83	575,176	$	52.92

Average fair value of stock options, assumptions

The following assumptions were used during the nine months ended September 30:



	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