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Incentive Compensation Plans (Notes)
9 Months Ended
Sep. 30, 2017
Employee Service Share-based Compensation, Aggregate Disclosures [Abstract]  
Incentive Compensation Plans
Incentive Compensation Plans
We issue stock-based compensation and cash awards to our employees under a plan established by the Compensation and Leadership Talent Committee of the Board of Directors (the “Compensation Committee”) and approved by our shareholders.
We issued the following stock-based awards under the 2014 Performance Incentive Plan (the "2014 PIP") during the nine months ended September 30, 2017.
 
Awards
 
Weighted-average
grant-date fair value
(per award)
Stock-settled awards
0.8

 
$
24.20

Performance-based awards
4.8

 
$
20.06

Total stock-based compensation awards
5.6

 
 

During the nine months ended September 30, 2017, the Compensation Committee granted performance cash awards and restricted cash awards under the 2014 PIP with a total target value of $54.3 and $2.8, respectively. Cash awards are expensed over the vesting period, which is typically three years.