Stock-Based Compensation

6 Months Ended

Jun. 30, 2017

Note 5 – Stock-Based Compensation

A summary of stock-based compensation for each of the respective periods is as follows:


	Three Months Ended				Six Months Ended
	June 30,				June 30,
In millions	2017		2016		2017		2016
Stock-based compensation:
Stock options	$	14	$	17	$	34	$	39
Restricted stock units		39		33		74		68
Total stock-based compensation	$	53	$	50	$	108	$	107

During the three months ended June 30, 2017, the Company granted approximately 4 million stock options with a weighted average fair value of $9.43 and a weighted average fair value exercise price of $78.05. The Company had approximately 23 million stock options outstanding as of June 30, 2017 with a weighted average exercise price of $73.10 and a weighted average contractual term of 3.98 years. During the three months ended June 30, 2017, the Company granted approximately 3 million restricted stock units with a weighted average fair value of $78.05. The Company had approximately 6 million restricted stock units unvested as of June 30, 2017 with a weighted average fair value of $86.79.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

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