Stock Compensation (Tables)

6 Months Ended

Jun. 30, 2012

Granted Awards Activity

Our Board of Directors approved the grant of stock options, stock appreciation rights (SARs), restricted stock units (RSUs) and performance share units (PSUs) shown in the table below during the first half of 2012.

			Weighted-average Per Share
	Granted		Exercise		Grant Date
	(In millions)		Price		Fair Value
Stock options		0.7	$	15.99	$	7.91
SARs		0.2	$	15.85	$	7.84
RSUs		0.6			$	15.86
PSUs		0.1			$	16.00

Key Assumptions as Part of Black-Scholes Option Pricing Model

We estimated fair values for options and SARs granted during 2012 using the following key assumptions as part of the Black-Scholes option pricing model. The expected term was estimated using the simplified method because the limited period of time our common stock has been publicly traded provides insufficient historical exercise data. The dividend yield was calculated by dividing the expected annual dividend by the average stock price of our common stock over the prior year. The expected volatility was estimated using a combination of the historical volatility of similar entities and the implied volatility of our exchange-traded options.

	Options			SARs
Expected term (in years)		6.00			6.00
Risk-free interest rate		1.24	%		1.24	%
Dividend yield		1.33	%		1.33	%
Expected volatility		59.90	%		59.90	%