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Common Equity (Tables)
3 Months Ended
Mar. 31, 2012
Common Equity (Tables) [Abstract]  
Shares Repurchased [Table Text Block]
 
Three Months Ended March 31
 
2012
 
2011
 
Shares
 
Cost
 
Shares
 
Cost
 
(In Millions)
Under May 2011 share repurchase program

 
$

 

 
$

To fulfill exercised stock options and restricted stock awards
0.8

 
$
28.3

 
0.8

 
$
24.2

Total
0.8

 
$
28.3

 
0.8

 
$
24.2

Assumptions for valuing options using binomial option pricing model
 
2012
 
2011
 
 
 
 
Risk-free interest rate
0.1% - 2.0%

 
0.2% - 3.4%

Dividend yield
3.9
%
 
3.9
%
Expected volatility
19.0
%
 
19.0
%
Expected forfeiture rate
2.0
%
 
2.0
%
Expected life (years)
5.9

 
5.5

Stock option activity
 
 
 
 
 
 
Weighted-
 
 
 
 
 
 
 
 
Average
 
 
 
 
 
 
Weighted-
 
Remaining
 
Aggregate
 
 
Number of
 
Average
 
Contractual Life
 
Intrinsic Value
Stock Options
 
Options
 
Exercise Price
 
(Years)
 
(Millions)
Outstanding as of January 1, 2012
 
10,638,750

 
$
21.65

 
 
 
 
Granted
 
938,770

 
$
34.88

 
 
 
 
Exercised
 
(718,669
)
 
$
18.01

 
 
 
 
Forfeited
 
(7,720
)
 
$
26.94

 
 
 
 
Outstanding as of March 31, 2012
 
10,851,131

 
$
23.03

 
5.7

 
$
131.8

 
 
 
 
 
 
 
 
 
Exercisable as of March 31, 2012
 
9,118,361

 
$
21.52

 
5.0

 
$
124.5

Stock options outstanding
 
 
Options Outstanding
 
Options Exercisable
 
 
 
 
Weighted-Average
 
 
 
Weighted-Average
 
 
 
 
 
 
Remaining
 
 
 
 
 
Remaining
 
 
Number of
 
Exercise
 
Contractual
 
Number of
 
Exercise
 
Contractual
Range of Exercise Prices
 
Options
 
Price
 
Life (Years)
 
Options
 
Price
 
Life (Years)
$12.71 to $19.74
 
2,750,199

 
$
17.81

 
2.9

 
2,750,199

 
$
17.81

 
2.9

$21.11 to $24.92
 
6,713,942

 
$
23.09

 
6.0

 
6,257,402

 
$
22.96

 
5.9

$29.35 to $34.88
 
1,386,990

 
$
33.09

 
9.4

 
110,760

 
$
32.59

 
9.3

 
 
10,851,131

 
$
23.03

 
5.7

 
9,118,361

 
$
21.52

 
5.0

Non-vested options
 
 
 
 
Weighted-Average
Non-Vested Stock Options
 
Number of Options
 
Fair Value
Non-vested as of January 1, 2012
 
3,103,770

 
$
3.78

Granted
 
938,770

 
$
3.34

Vested
 
(2,302,050
)
 
$
3.96

Forfeited
 
(7,720
)
 
$
3.25

Non-vested as of March 31, 2012
 
1,732,770

 
$
3.31

Restricted stock activity
 
 
 
 
Weighted-Average
Restricted Shares
 
Number of Shares
 
Grant Date Fair Value
Outstanding as of January 1, 2012
 
192,558

 
 
Granted
 
94,959

 
$
34.46

Released
 
(72,660
)
 
$
33.09

Forfeited
 
(3,945
)
 
$
30.81

Outstanding as of March 31, 2012
 
210,912

 
 
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]
 
Three Months Ended March 31
 
2012
 
2011
 
(Millions of Dollars)
 
 
 
 
Performance units
$
11.8

 
$
1.0

Stock options
0.7

 
0.6

Restricted stock
0.8

 
0.5

Share-based compensation expense
$
13.3

 
$
2.1

 
 
 
 
Related Tax Benefit
$
5.3

 
$
0.8