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Share Based Compensation (Tables)
3 Months Ended
Mar. 31, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Weighted Average Fair Value and Assumptions
The estimated fair value of our 2014 SARs awards and related underlying assumptions are shown in the table below.
 
2014
Estimated fair value
$
18.90

Quarterly dividend rate
$
0.33

Expected term of stock appreciation rights, in years
4.4

Risk-free interest rate
1.3
%
Dividend yield
2.3
%
Expected stock price volatility
30.3
%
Present value of dividends
$
5.76