Stock-Based Associate Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2013

Share-based Compensation [Abstract]

Assumptions Used In Option Grants Issued

The following weighted average assumptions were used in determining fair value for option grants issued during 2013 and 2012:

	2013	2012
Weighted-average expected term	9-10 years	8-10 years
Expected volatility	25.25-26.31%	25.26-26.20%
Dividend yield	3.65%	4.51-4.52%
Risk-free rates	1.82-2.00%	1.58-2.00%
Weighted-average fair value of options granted during the period	$9.71	$6.78

Stock Option Information

This is a summary of options information:

(Dollars in millions, shares in thousands)	Shares		Weighted- average exercise price		Aggregate intrinsic value
Outstanding shares at January 1, 2013	7,937		$	37.34
Granted	394		44.70
Exercised	(1,440	)	35.98
Forfeited or expired	(559	)	34.07
Outstanding shares at December 31, 2013	6,332		38.39		$	88
Options exercisable at end of period	5,360		$	38.33	$	75

Options Outstanding And Exercisable

Options outstanding and exercisable consisted of the following at December 31, 2013:

(Shares in thousands)	Options outstanding				Options exercisable
Range of exercise prices	Shares	Weighted-average remaining contractual life	Weighted- average exercise price		Shares	Weighted- average exercise price
$25.00 to $29.99	1,011	5.34 years	$	26.57	1,011	$	26.57
$30.00 to $34.99	764	7.04 years	33.97		500	33.97
$35.00 to $39.99	1,585	4.01 years	37.79		1,258	38.35
$40.00 to $44.99	1,885	3.16 years	43.07		1,504	42.66
$45.00 to $49.99	1,087	1.95 years	45.26		1,087	45.26
Total	6,332	3.98 years	38.39		5,360	38.33

Restricted Stock Unit Information

This is a summary of restricted stock unit and performance-based share information, assuming a target payout for performance-based shares, for the year 2013:

(Shares in thousands)	Service-based shares		Weighted- average grant date fair value		Performance-based shares		Weighted- average grant date fair value
Nonvested at January 1, 2013	930		$	28.18	209		$	31.26
Granted	317		40.09		101		42.17
Vested	(289	)	23.33		(61	)	23.98
Forfeited or canceled	(22	)	32.90		(3	)	23.80
Nonvested at December 31, 2013	936		33.61		246		37.66