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Stock-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2011
Stock-Based Compensation (Tables) [Abstract]  
Pre-tax compensation expense and related income tax benefit for stock-based incentives
                         
    2011     2010     2009  

Long-term stock awards

  $ 39     $ 37     $ 37  

Stock options

    21       22       25  

Phantom stock awards and stock appreciation rights

    1       3       7  
   

 

 

   

 

 

   

 

 

 

Total

  $ 61     $ 62     $ 69  
   

 

 

   

 

 

   

 

 

 

Income tax benefit (before valuation allowance)

  $ 23     $ 23     $ 26  
   

 

 

   

 

 

   

 

 

 
Company's long-term stock award activity
                         
    2011     2010     2009  

Unvested stock award shares at January 1

    10       9       8  

Weighted average grant date fair value

  $ 19     $ 21     $ 26  

Stock award shares granted

    2       3       2  

Weighted average grant date fair value

  $ 13     $ 14     $ 8  

Stock award shares vested

    2       2       1  

Weighted average grant date fair value

  $ 20     $ 23     $ 26  

Stock award shares forfeited

                 

Weighted average grant date fair value

  $ 18     $ 20     $ 24  

Unvested stock award shares at December 31

    10       10       9  

Weighted average grant date fair value

  $ 17     $ 19     $ 21  
Company's stock option activity
                         
    2011     2010     2009  

Option shares outstanding, January 1

    37       36       31  

Weighted average exercise price

  $ 21     $ 23     $ 25  

Option shares granted, including restoration options

    2       5       6  

Weighted average exercise price

  $ 13     $ 14     $ 8  

Option shares exercised

                 

Aggregate intrinsic value on date of exercise (A)

  $   1 million     $   1 million     $  — million  

Weighted average exercise price

  $ 8     $ 8     $  

Option shares forfeited

    3       4       1  

Weighted average exercise price

  $ 22     $ 23     $ 22  

Option shares outstanding, December 31

    36       37       36  

Weighted average exercise price

  $ 21     $ 21     $ 23  

Weighted average remaining option term (in years)

    5       6       6  

Option shares vested and expected to vest, December 31

    36       37       36  

Weighted average exercise price

  $ 21     $ 22     $ 23  

Aggregate intrinsic value (A)

  $ 12 million     $ 23 million     $ 31 million  

Weighted average remaining option term (in years)

    5       6       6  

Option shares exercisable (vested), December 31

    24       22       21  

Weighted average exercise price

  $ 25     $ 25     $ 26  

Aggregate intrinsic value (A)

  $ 4 million     $ 4 million     $  — million  

Weighted average remaining option term (in years)

    4       4       4  

 

(A) Aggregate intrinsic value is calculated using the Company’s stock price at each respective date, less the exercise price (grant date price) multiplied by the number of shares.
Weighted average grant date fair value of option shares granted and the assumptions used to estimate those values using a Black-Scholes option pricing model
                         
    2011     2010     2009  

Weighted average grant date fair value

  $ 5.07     $ 5.30     $ 2.28  

Risk-free interest rate

    2.69     2.76     2.60

Dividend yield

    2.35     2.17     3.70

Volatility factor

    49.03     46.03     39.18

Expected option life

    6 years       6 years       6 years  
Stock Option Shares Outstanding and Exercisable
                                         

Option Shares Outstanding

        Option Shares Exercisable      

Range of

Prices

  Number of
Shares
    Weighted
Average
Remaining
Option
Term
    Weighted
Average
Exercise
Price
    Number of
Shares
    Weighted
Average
Exercise
Price
 

$  8-23

    20       7 Years     $ 14       9     $ 16  

$24-28

    6       3 Years     $ 27       6     $ 27  

$29-32

    10       4 Years     $ 30       9     $ 30  

$33-38

          3 Years     $ 34           $ 34  
   

 

 

                   

 

 

         

$  8-38

    36       5 Years     $ 21       24     $ 25  
   

 

 

                   

 

 

         
Phantom Stock Awards and Stock Appreciation Rights
                                 
    Phantom Stock
Awards

At December  31,
    Stock Appreciation
Rights At
December 31,
 
    2011     2010     2011     2010  

Accrued compensation cost liability

  $ 7     $ 6     $ 3     $ 5  

Unrecognized compensation cost

  $ 4     $ 5     $ 1     $ 2  

Equivalent common shares

    1       1       2       2