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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-based compensation expense
Stock-based compensation expense was as follows:

 
Years ended December 31,
 
2017
 
2016
 
2015
 
($ in millions)
Stock-based compensation
$
18.7

 
$
11.2

 
$
11.5

Mark-to-market adjustments
4.5

 
3.0

 
(3.0
)
Total expense
$
23.2

 
$
14.2

 
$
8.5

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, 2017
5,734,740

 
$13.14-27.65
 
$
19.25

 
3,407,300

 
$
20.56

Granted
1,621,000

 
29.75-31.90
 
29.82

 
 
 
 
Exercised
(1,791,865
)
 
13.14-27.40
 
18.09

 
 
 
 
Canceled
(221,349
)
 
13.14-29.75
 
22.14

 
 
 
 
Outstanding at December 31, 2017
5,342,526

 
$13.14-31.90
 
$
22.72

 
2,603,962

 
$
21.78

Stock Options Exercisable, Exercise Price Range
The following table provides certain information with respect to stock options exercisable at December 31, 2017:

Range of
Exercise Prices
 
Options
Exercisable
 
Weighted-Average
Exercise Price
 
Options
Outstanding
 
Weighted-Average
Exercise Price
Under $20.00
 
788,749

 
$
15.05

 
1,782,327

 
$
13.98

$20.00 - $25.00
 
855,668

 
22.69

 
855,668

 
22.69

Over $25.00
 
959,545

 
26.50

 
2,704,531

 
28.49

 
 
2,603,962

 
 
 
5,342,526

 
 
Common shares reserved and available for grant or purchase
At December 31, 2017, 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
151,157

 
82,194

2003 long term incentive plan
290,389

 
61,205

2006 long term incentive plan
375,550

 
63,949

2009 long term incentive plan
2,110,063

 
143,310

2014 long term incentive plan
2,844,441

 
517,991

2016 long term incentive plan
6,000,000

 
4,513,000

Total under stock option plans
11,771,600

 
5,381,649


 
Number of Shares
Stock Purchase Plans
Reserved for Issuance
 
Available for
Grant or Purchase
1997 stock plan for non-employee directors
544,027

 
416,766

Employee deferral plan
45,627

 
45,623

Total under stock purchase plans
589,654

 
462,389



(1)
All available to be issued as stock options, but includes a sub-limit for all types of stock awards of 2,856,933 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, 2017
542,828

 
$
25.84

 
536,575

 
$
16.18

Granted
154,550

 
30.05

 
154,550

 
30.02

Paid/Issued
(41,514
)
 
25.84

 
(40,500
)
 
25.57

Converted from shares to cash
82,625

 
17.47

 
(82,625
)
 
17.47

Canceled
(87,800
)
 
26.02

 
(87,800
)
 
15.16

Outstanding at December 31, 2017
650,689

 
$
35.62

 
480,200

 
$
19.81

Total vested at December 31, 2017
448,672

 
$
35.62

 
278,183

 
$
18.21

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, 2017
301,529

 
$
25.84

Granted
154,550

 
30.05

Vested
(166,262
)
 
35.62

Canceled
(87,800
)
 
26.02

Unvested at December 31, 2017
202,017

 
$
35.62