Stock-Based Compensation

9 Months Ended

Sep. 30, 2012

Stock-Based Compensation

Stock-Based Compensation

Note 5 – Stock-Based Compensation

Compensation expense related to stock options for the three and nine months ended September 30, 2012 totaled $25 million and $76 million, respectively, compared to $28 million and $83 million for the three and nine months ended September 30, 2011, respectively. Compensation expense related to restricted stock awards for the three and nine months ended September 30, 2012 totaled $8 million and $21 million, respectively, compared to $6 million and $16 million for the three and nine months ended September 30, 2011, respectively. During the nine months ended September 30, 2012, the Company granted 9 million stock options with a weighted average fair value of $11.11 and a weighted average exercise price of $44.99. The Company had 46 million stock options outstanding as of September 30, 2012 with a weighted average exercise price of $36.06 and a weighted average contractual term of 4.27 years.