Equity Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule Of Stock-Based Compensation Expenses

The following table details the components of stock-based compensation expense recognized in net earnings (loss) in each of the past three years:

Year Ended December 31	2014		2013		2012
Stock options	$	38	$	48	$	57
Restricted stock	45		30		17
Total stock-based compensation expense, net of tax	$	83	$	78	$	74

Schedule Of Assumptions Of Fair Value Options On The Date Of Grant Using Black-Scholes Option Pricing Model

We estimate the fair value of stock options on the date of grant using the Black-Scholes option pricing model with the following assumptions for each of the past three years:

Year Ended December 31	2014		2013		2012
Expected volatility	19.4-20.8%		21.6-27.3%		27.9-31.3%
Weighted average expected volatility	20.2	%	23.5	%	30.7	%
Expected term (in months)	43/53		43/53		43/53
Risk-free interest rate	1.1-1.4%		0.5-1.0%		0.6-0.8%
Expected dividend yield	2.5	%	3.0	%	2.7	%

Summary Of Stock Option Activity

A summary of stock option activity during 2014 follows:

	Shares Under Option		Weighted Average Exercise Price Per Share
Outstanding on December 31, 2013	17,638,111		$	69.99
Granted	4,552,200		112.43
Exercised	(7,698,035	)	70.36
Forfeited/canceled	(465,750	)	74.93
Outstanding on December 31, 2014	14,026,526		$	83.40
Vested and expected to vest on December 31, 2014	13,909,869		$	83.22
Exercisable on December 31, 2014	6,182,739		$	71.06

Schedule Of Stock Options' Intrinsic Value And Remaining Contractual Term

Summary information with respect to our stock options’ intrinsic value and remaining contractual term on December 31, 2014, follows:

	Weighted Average Remaining Contractual Term (in years)	Aggregate Intrinsic Value
Outstanding	4.8	$	761
Vested and expected to vest	4.8	757
Exercisable	3.8	412

Summary Of Restricted Stock And Restricted Stock Unit Activity

A summary of restricted stock and RSU activity during 2014 follows:

	Shares/ Share-Equivalent Units		Weighted Average Grant-Date Fair Value Per Share
Nonvested at December 31, 2013	2,507,397		$	71.11
Granted	753,250		112.42
Vested	(492,714	)	73.48
Forfeited	(27,756	)	86.23
Nonvested at December 31, 2014	2,740,177		$	78.83