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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2012
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]
We recognized the following stock compensation expense:
 
Year Ended December 31,
(in Millions)
2012
 
2011
 
2010
Stock Option Expense, net of taxes of $2.7, $2.3 and $2.0 (1)
$
4.4

 
$
3.7

 
$
3.3

Restricted Stock Expense, net of taxes of $3.8, $3.7 and $3.6 (2)
6.4

 
6.1

 
5.8

Total Stock Compensation Expense, net of taxes of $6.5, $6.0 and $5.6 (3)
$
10.8

 
$
9.8

 
$
9.1

____________________ 
(1) We applied an estimated forfeiture rate of four percent per stock option grant in the calculation of the expense.
(2) We applied an estimated forfeiture rate of two percent of outstanding grants in the calculation of the expense.
(3) This expense is classified as selling, general and administrative expense in our consolidated statements of income.
Black Scholes valuation assumptions for stock option grants
Black Scholes valuation assumptions for stock option grants: 
 
2012
 
2011
 
2010
Expected dividend yield
0.63%
 
0.61%
 
0.87%
Expected volatility
42.09%
 
41.61%
 
42.17%
Expected life (in years)
6.5
 
6.5
 
6.5
Risk-free interest rate
1.30%
 
2.84%
 
3.13%
Summary of stock option activity
The following summary shows stock option activity for employees under the Plan for the three years ended December 31, 2012:
 
Number of Options Granted
But Not Exercised
 
Weighted-Average
Remaining
Contractual Life
(in Years)
 
Weighted-Average
Exercise Price Per  Share
 
Aggregate Intrinsic
Value
 
Number of Shares in Thousands
 
 
 
 
 
(In Millions)
December 31, 2009 (2,630 shares exercisable)
4,350

 
5.4 years
 
$
15.47

 
$
54.0

Granted
542

 
 
 
28.67

 
 
Exercised
(1,690
)
 
 
 
10.68

 
37.3

Forfeited
(32
)
 
 
 
25.97

 
 
December 31, 2010 (1,554 shares exercisable)
3,170

 
6.4 years
 
$
20.17

 
$
62.8

Granted
432

 
 
 
40.89

 
 
Exercised
(750
)
 
 
 
15.05

 
19.7

Forfeited
(42
)
 
 
 
23.08

 
 
December 31, 2011 (1,340 shares exercisable)
2,810

 
6.4 years
 
$
24.67

 
$
51.6

Granted
422

 
 
 
47.58

 
 
Exercised
(943
)
 
 
 
19.86

 
30.7

Forfeited
(50
)
 
 
 
39.24

 
 
December 31, 2012 (932 shares exercisable and 2,187 shares expected to vest or be exercised)
2,239

 
6.5 years
 
$
30.69

 
$
62.3


Summary of restricted award activity
The following table shows our employee restricted award activity for the three years ended December 31, 2012:
 
Number of Awards in Thousands
Number of
awards
 
Weighted-
Average
Grant Date
Fair Value
Nonvested at December 31, 2009
760
 
$
22.35

Granted
416
 
30.79

Vested
(262)
 
20.01

Forfeited
(2)
 
26.39

Nonvested at December 31, 2010
912
 
$
26.86

Granted
182
 
40.76

Vested
(320)
 
24.25

Forfeited
(16)
 
25.58

Nonvested at December 31, 2011
758
 
$
31.33

Granted
221
 
49.88

Vested
(257)
 
27.60

Forfeited
(18)
 
39.21

Nonvested at December 31, 2012
704
 
$
38.29