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Share-Based Compensation Plans (Tables)
 6 Months Ended
Jun. 30, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Share-based compensation expense recognized in continuing operations
The following table summarizes share-based compensation expense recognized in the Condensed Consolidated Statements of Income in Compensation and benefits (in millions):
 
Three months ended June 30,
 
Six months ended June 30,
 
2016
 
2015
 
2016
 
2015
Restricted share units ("RSUs")
$
44

 
$
44

 
$
105

 
$
109

Performance share awards ("PSAs")
25

 
28

 
45

 
49

Share options
—

 
—

 
—

 
—

Employee share purchase plans
2

 
2

 
6

 
6

Total share-based compensation expense
$
71

 
$
74

 
$
156

 
$
164
Restricted share unit activity
A summary of the status of the Company's RSUs is as follows (shares in thousands):
 
Six months ended June 30,
 
2016
 
2015
 
Shares
 
Fair Value (1)
 
Shares
 
Fair Value (1)
Non-vested at beginning of period
7,169

 
$
77

 
8,381

 
$
63

Granted
2,023

 
101

 
2,144

 
98

Vested
(2,581
)
 
70

 
(3,037
)
 
58

Forfeited
(213
)
 
79

 
(130
)
 
67

Non-vested at end of period
6,398

 
87

 
7,358

 
76

 ______________________________________________
(1)
Represents per share weighted-average fair value of award at date of grant.
Performance-based plans
Information as of June 30, 2016 regarding the Company's target PSAs granted and shares that would be issued at current performance levels for PSAs granted during the six months ended June 30, 2016 and the years ended December 31, 2015 and 2014, respectively, is as follows (shares in thousands, dollars in millions, except fair value):
 
2016
 
2015
 
2014
Target PSAs granted during period
783

 
993

 
816

Weighted average fair value per share at date of grant
$
101

 
$
96

 
$
81

Number of shares that would be issued based on current performance levels
772

 
963

 
1,552

Unamortized expense, based on current performance levels
$
71

 
$
49

 
$
21
Share options and related information
A summary of the status of the Company's share options and related information is as follows (shares in thousands):
 
Six months ended June 30,
 
2016
 
2015
 
Shares
 
Weighted- Average
Exercise Price
 
Shares
 
Weighted- Average
Exercise Price
Beginning outstanding
837

 
$
40

 
2,300

 
$
32

Granted
—

 
—

 
—

 
—

Exercised
(271
)
 
38

 
(1,388
)
 
27

Forfeited and expired
(5
)
 
42

 
(13
)
 
39

Outstanding at end of period
561

 
41

 
899

 
39

Exercisable at end of period
561

 
41

 
899

 
39
Other information related to the company's share options
Other information related to the Company's share options is as follows (in millions):
 
Three months ended June 30,
 
Six months ended June 30,
 
2016
 
2015
 
2016
 
2015
Aggregate intrinsic value of stock options exercised
$
9

 
$
6

 
$
17

 
$
100

Cash received from the exercise of stock options
6

 
4

 
11

 
38

Tax benefit realized from the exercise of stock options
2

 
1

 
4

 
35