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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-based compensation expense
Stock-based compensation expense was as follows:

 
Years ended December 31,
 
2015
 
2014
 
2013
 
($ in millions)
Stock-based compensation
$
11.5

 
$
9.2

 
$
13.3

Mark-to-market adjustments
(3.0
)
 
(3.6
)
 
4.2

Total expense
$
8.5

 
$
5.6

 
$
17.5

Stock Options Activity
Stock option transactions were as follows:
 
 
 
 
 
 
 
Exercisable
 
Shares
 
Option Price
 
Weighted-Average
Option Price
 
Options
 
Weighted-Average
Exercise Price
Outstanding at January 1, 2015
4,133,753

 
$14.28-27.64

 
$
20.14

 
2,976,870

 
$
18.50

Granted
776,750

 
27.40

 
27.40

 
 
 
 
Exercised
(147,608
)
 
14.28-25.57

 
20.11

 
 
 
 
Canceled
(42,790
)
 
23.28-27.40

 
25.14

 
 
 
 
Outstanding at December 31, 2015
4,720,105

 
$14.28-27.65

 
$
21.29

 
3,371,449

 
$
19.28

Stock Options Exercisable, Exercise Price Range
The following table provides certain information with respect to stock options exercisable at December 31, 2015:

Range of
Exercise Prices
 
Options
Exercisable
 
Weighted-Average
Exercise Price
 
Options
Outstanding
 
Weighted-Average
Exercise Price
Under $16.00
 
916,046

 
$
15.05

 
916,046

 
$
15.05

$16.00 – $22.00
 
1,870,281

 
19.85

 
1,870,281

 
19.85

Over $22.00
 
585,122

 
24.11

 
1,933,778

 
25.65

 
 
3,371,449

 
 
 
4,720,105

 
 
Common shares reserved and available for grant or purchase
At December 31, 2015, common shares reserved for issuance and available for grant or purchase under the following plans consisted of:

 
Number of Shares
Stock Option Plans
Reserved for Issuance
 
Available for
Grant or Purchase
(1)
2000 long term incentive plan
277,586

 
2,911

2003 long term incentive plan
389,921

 
10,138

2006 long term incentive plan
1,591,479

 
168,783

2009 long term incentive plan
2,762,161

 
506,610

2014 long term incentive plan
3,000,000

 
2,009,000

Total under stock option plans
8,021,147

 
2,697,442


 
Number of Shares
Stock Purchase Plans
Reserved for Issuance
 
Available for
Grant or Purchase
1997 stock plan for non-employee directors
572,978

 
567,476

Employee deferral plan
45,627

 
45,623

Total under stock purchase plans
618,605

 
613,099



(1)
All available to be issued as stock options, but includes a sub-limit for all types of stock awards of 1,420,442 shares.
Performance Shares Transactions
Performance share transactions were as follows:

 
To Settle in Cash
 
To Settle in Shares
 
Shares
 
Weighted-Average
Fair Value per Share
 
Shares
 
Weighted-Average
Fair Value per Share
Outstanding at January 1, 2015
290,917

 
$
23.04

 
281,000

 
$
23.46

Granted
126,000

 
27.40

 
126,000

 
27.40

Paid/Issued
(105,611
)
 
23.04

 
(101,000
)
 
21.92

Converted from shares to cash
2,111

 
24.42

 
(2,111
)
 
24.42

Canceled
(1,889
)
 
25.83

 
(1,889
)
 
26.49

Outstanding at December 31, 2015
311,528

 
$
17.48

 
302,000

 
$
25.59

Total vested at December 31, 2015
201,528

 
$
17.48

 
192,000

 
$
24.81

Summary of Unvested Performance Shares
The summary of the status of our unvested performance shares to be settled in cash were as follows:

 
Shares
 
Weighted-Average
Fair Value per Share
Unvested at January 1, 2015
87,334

 
$
23.04

Granted
126,000

 
27.40

Vested
(101,445
)
 
17.48

Canceled
(1,889
)
 
25.83

Unvested at December 31, 2015
110,000

 
$
17.48