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Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Summary of Company's Share-Based Compensation Activity and Related Information

A summary of the Company’s share-based compensation activity and related information is as follows:

 

     2013  
     Shares (1)     Weighted-
Average
Exercise
Price (2)
 
     (In Thousands)        

Outstanding at beginning of year

     5,100      $ 50   

Granted

     900        77   

Exercised

     (1,335     45   

Forfeited

     (85     63   
  

 

 

   

Outstanding at end of year (3)

     4,580      $ 56   
  

 

 

   

Exercisable at end of year

     2,601      $ 48   
  

 

 

   

Shares available for future grants

     2,743     
  

 

 

   

 

(1) Shares include Restricted Stock Units (RSUs).

 

(2) The weighted-average exercise price excludes RSUs.

 

(3) The exercise prices for options and SARs outstanding as of December 31, 2013 ranged from approximately $37 to $77. The weighted-average remaining contractual life of all options and SARs outstanding is approximately six years.
Summary of Company's Nonvested Share Awards (RSUs) Activity

A summary of the Company’s nonvested share awards (RSUs) activity is as follows:

 

Nonvested Share Awards (RSUs)

   Shares     Weighted-
Average Grant
Date Fair
Value
 
     (In Thousands)        

Nonvested at January 1, 2013

     316      $ 54   

Granted

     172        78   

Vested

     (18     77   

Forfeited

     (26     72   
  

 

 

   

Nonvested at December 31, 2013

     444      $ 62