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Share Plans (Tables)
12 Months Ended
Dec. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]
Total share-based compensation expense for 2017, 2016 and 2015 was as follows:
 
December 31
In millions
2017
2016
2015
Restricted stock units
$
17.5

$
17.3

$
21.6

Stock options
10.5

10.4

11.4

Performance share units
11.6

6.5


Total share-based compensation expense
$
39.6

$
34.2

$
33.0

Stock Option Activity
The following table summarizes stock option activity under all plans for the year ended December 31, 2017:
Shares and intrinsic value in millions
Number of shares
Weighted-
average
exercise
price
Weighted-
average
remaining
contractual life
(years)
Aggregate
intrinsic
value
Outstanding as of January 1, 2017
5.7

$
45.72



Granted
0.9

59.09



Exercised
(1.2
)
37.00



Forfeited
(0.2
)
60.03



Expired




Outstanding as of December 31, 2017
5.2

$
49.49

5.5
$
113.7

Options exercisable as of December 31, 2017
3.4

$
46.00

4.0
$
87.5

Options expected to vest as of December 31, 2017
1.8

$
56.13

8.3
$
25.8

Stock Option Fair Value Assumptions
We estimated the fair value of each stock option award on the date of grant using a Black-Scholes option pricing model, modified for dividends and using the following weighted average assumptions:
 
December 31
 
2017

2016
 
2015
Risk-free interest rate
1.65
%

1.56
%
 
1.60
%
Expected dividend yield
2.35
%

2.49
%
 
1.97
%
Expected share price volatility
26.9
%

27.3
%
 
30.4
%
Expected term (years)
6.3


5.9

 
6.0

Restricted Stock Activity
The following table summarizes restricted stock unit activity under all plans for the year ended December 31, 2017:
Shares in millions
Number of
shares
Weighted
average
grant date
fair value
Outstanding as of January 1, 2017
0.7

$
55.31

Granted
0.4

61.27

Vested
(0.4
)
56.73

Forfeited
(0.1
)
54.35

Outstanding as of December 31, 2017
0.6

$
57.96

Share-based Compensation, Performance Shares Award Outstanding Activity [Table Text Block]
The following table summarizes performance share unit activity under all plans for the year ended December 31, 2017:
Shares in millions
Number of
shares
Weighted
average
grant date
fair value
Outstanding as of January 1, 2017
0.3

$
49.54

Granted
0.2

58.40

Vested


Forfeited


Outstanding as of December 31, 2017
0.5

$
53.56