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Incentive Stock Programs (Tables)
12 Months Ended
Dec. 31, 2012
Incentive Stock Program  
Options outstanding and exercisable

 

 

 
  Options Outstanding   Exercisable Options  
 
  Shares   Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Life (Years)
  Shares   Weighted
Average
Exercise
Price
  Weighted
Average
Remaining
Life (Years)
 

December 31, 2011

    85,439,279   $ 50.52     4.7     81,734,460   $ 50.51     4.5  
                               

Granted

    4,055,956     60.91                          

Exercised

    (40,923,624 )   49.73                          

Lapsed

    (380,717 )   60.63                          
                                   

December 31, 2012

    48,190,894   $ 51.98     4.0     43,052,057   $ 51.36     3.7  
                           
Fair value assumptions

 

 

 
  2012   2011   2010  

Risk-free interest rate

    1.2 %   2.7 %   2.9 %

Average life of options (years)

    6.0     6.0     6.0  

Volatility

    21.0 %   21.0 %   22.0 %

Dividend yield

    3.6 %   4.1 %   3.2 %