Stock-Based Compensation

9 Months Ended

Sep. 30, 2017

Note 6 – Stock-Based Compensation

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


	Three Months Ended				Nine Months Ended
	September 30,				September 30,
In millions	2017		2016		2017		2016
Stock-based compensation:
Stock options	$	15	$	20	$	49	$	60
Restricted stock units		50		38		124		106
Total stock-based compensation	$	65	$	58	$	173	$	166

During the nine months ended September 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 21 million stock options outstanding as of September 30, 2017 with a weighted average exercise price of $75.09 and a weighted average contractual term of 3.87 years. During the nine months ended September 30, 2017, the Company granted approximately 3 million restricted stock units with a weighted average fair value of $78.35. The Company had approximately 6 million restricted stock units unvested as of September 30, 2017 with a weighted average fair value of $87.20.

- 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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