Stock-Based Compensation

6 Months Ended

Jun. 30, 2012

Stock-Based Compensation

Stock-Based Compensation

Note 4 – Stock-Based Compensation

Compensation expense related to stock options for the three and six months ended June 30, 2012 totaled $20 million and $51 million, respectively, compared to $24 million and $55 million for the three and six months ended June 30, 2011, respectively. Compensation expense related to restricted stock awards for the three and six months ended June 30, 2012 totaled $8 million and $13 million, respectively, compared to $5 million and $10 million for the three and six months ended June 30, 2011, respectively. During the three months ended June 30, 2012, the Company granted 7 million stock options with a weighted average fair value of $11.14 and a weighted average exercise price of $45.07. The Company had 49 million stock options outstanding as of June 30, 2012 with a weighted average exercise price of $35.54 and a weighted average contractual term of 4.33 years.