XML 49 R19.htm IDEA: XBRL DOCUMENT v2.4.0.6
STOCK-BASED COMPENSATION (Tables)
6 Months Ended
May 31, 2012
Stock Based Compensation in Selling, General and Administrative Expense

The following table sets forth the stock-based compensation recorded in selling, general and administrative (SG&A) expense (in millions):

 

    

Three months ended

May 31,

     Six months ended
May 31,
 
     2012      2011      2012      2011  

Stock-based compensation expense

   $ 6.1       $ 5.5       $ 8.7       $ 7.6   
Range of Assumptions for Stock Compensation Plans

The fair values of option grants in the stated periods were computed using the following range of assumptions for our various stock compensation plans:

 

     2012   2011

Risk-free interest rates

   0.1 - 2.2%   0.1 - 3.5%

Dividend yield

   2.3%   2.4%

Expected volatility

   16.5 - 21.6%   15.2 - 22.2%

Expected lives

   6.1   6.4
Summary of Restricted Stock Unit Activity

The following is a summary of all option activity for the six months ended May 31, 2012 and 2011:

 

     2012      2011  
(shares in millions)    Number
of
Shares
    Weighted-
Average
Exercise
Price
     Number
of
Shares
    Weighted-
Average
Exercise
Price
 

Outstanding at beginning of period

     6.6      $ 34.98         7.4      $ 32.01   

Granted

     0.8        54.24         0.9        47.40   

Exercised

     (1.0     28.46         (1.0     28.11   
  

 

 

      

 

 

   

Outstanding at end of May

     6.4        38.71         7.3        34.62   
  

 

 

      

 

 

   

Exercisable at end of May

     4.1      $ 34.56         5.0      $ 32.11   
  

 

 

      

 

 

   
Summary of Option Activity

The following is a summary of all of our RSU activity for the six months ended May 31, 2012 and 2011:

 

     2012      2011  
(shares in thousands)    Number
of
Shares
    Weighted-
Average
Grant-Date
Fair Value
     Number
of
Shares
    Weighted-
Average
Grant-Date
Fair Value
 

Outstanding at beginning of period

     233      $ 43.23         289      $ 35.42   

Granted

     112        54.24         134        47.40   

Vested

     (146     42.78         (183     34.03   

Forfeited

     (5     46.09         (3     37.20   
  

 

 

      

 

 

   

Outstanding at end of period

     194      $ 49.86         237      $ 43.24