EQUITY (Tables)

6 Months Ended

Jun. 30, 2015

EQUITY

Schedule of assumptions for determining the fair value for TSR awards using Monte Carlo simulation models

The following table presents the range of assumptions used in the Monte Carlo simulation to calculate the fair value of the PSUs granted on May 27, 2015:

Expected volatility	29.30		%
Stock price on grant date	$	46.89
Risk-free interest rate	0.86		%
Expected term (years)	2.6
Expected dividend yield	1.50		%