Employee Benefit Benefits and Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2012

Share-based Compensation Arrangement by Share-based Payment Award

Schedule of non-cash compensation expense and capitalized non-cash compensation

The following table summarizes non-cash compensation expense and capitalized non-cash compensation for each of the three years ended December 31, 2012, 2011 and 2010 (dollars in millions):

	2012			2011			2010
OSO	$	14		$	10		$	10
Restricted Stock Units and Shares	40			22			19
401(k) Match Expense	23			13			11
Restricted Stock Unit Bonus Grant	46			57			28
Management Incentive and Retention Plan	13			—			—
	136			102			68
Capitalized Non-Cash Compensation	(1		)	(1		)	(1		)
	$	135		$	101		$	67

Schedule of performance benchmark

ility to outperform the market in general, as measured by the Standard & Poor's ("S&P") 500® Index. Participants in the OSO program do not realize any value from awards unless the Company's common stock price outperforms the S&P 500® Index duri

Schedule of OSO valuation assumptions

The Company believes that given the relative short life of the OSOs and the other variables used in the model, the modified Black-Scholes model provides a reasonable estimate of the fair value of the OSO units at the time of grant.

	Year Ended December 31,
	2012	2011	2010
S&P 500 Expected Dividend Yield Rate	2.05%	1.83%	2.00%
Expected Life	3 years	3 years	3 years
S&P 500 Expected Volatility Rate	23%	30%	30%
Level 3 Common Stock Expected Volatility Rate	39%	44%	51%
Expected S&P 500 Correlation Factor	0.32	0.39	0.40
Calculated Theoretical Value	110%	120%	132%
Estimated Forfeiture Rate	20%	20%	20%

Schedule of restricted stock and restricted stock units

The changes in restricted stock and restricted stock units are shown in the following table:

	Number		Weighted Average Grant Date Fair Value
Nonvested at January 1, 2010	1,595,245		$	33.30
Stock and units granted	1,182,353		17.55
Lapse of restrictions	(594,580	)	38.70
Stock and units forfeited	(161,311	)	26.55
Nonvested at December 31, 2010	2,021,707		$	22.95
Stock and units granted	1,030,676		33.99
Lapse of restrictions	(845,717	)	27.79
Stock and units forfeited	(175,883	)	27.06
Nonvested at December 31, 2011	2,030,783		$	26.25
Stock and units granted	2,869,584		24.13
Lapse of restrictions	(1,048,757	)	26.06
Stock and units forfeited	(214,634	)	24.92
Nonvested at December 31, 2012	3,636,976		$	24.71

Schedule OSO activity

Information regarding NQ Options outstanding is summarized below:

	Number Outstanding		Weighted Average Exercise Price
Balance at October 4, 2011	765,585		$	10.82
Exercised	(167,395	)	$	10.93
Balance at December 31, 2011	598,190		$	10.79
Exercised	(533,717	)	$	10.61
Forfeited	(2,149	)	$	14.39
Balance at December 31, 2012	62,324		$	12.18

Transactions involving OSO units awarded are summarized in the table below. The Option Price Per Unit identified in the table below represents the initial strike price, as determined on the day prior to the OSO grant date for those grants.

	Units		Initial Strike Price Per Unit					Weighted Average Initial Strike Price		Aggregate Intrinsic Value		Weighted Average Remaining Contractual Term (years)
										(in millions)
Balance January 1, 2010	1,056,627		$	10.50	-	$	91.50	$	44.25	$	5.2	1.55
Options granted	511,082		14.10		-	24.30		19.50
Options forfeited	(117,362	)	10.50		-	91.50		25.80
Options expired	(393,955	)	45.45		-	91.50		76.95
Options exercised	—		—		-	—		—
Balance December 31, 2010	1,056,392		$	10.50	-	$	51.60	$	22.05	$	—	1.73
Options granted	498,618		14.70		-	36.60		23.96
Options forfeited	(96,174	)	10.50		-	51.60		22.36
Options expired	(140,655	)	31.80		-	51.60		44.64
Options exercised	(29,469	)	14.10		-	15.75		14.93
Balance December 31, 2011	1,288,712		$	10.50	-	$	36.60	$	20.51	$	1.8	1.53
Options granted	1,195,452		16.99		-	27.53		24.65
Options forfeited	(72,335	)	12.00		-	36.60		21.80
Options expired	(278,111	)	15.00		-	22.65		18.45
Options exercised	(67,299	)	10.50		-	13.80		12.48
Balance December 31, 2012	2,066,419		$	14.10	-	$	36.60	$	23.40	$	6.6	1.73

Schedule of OSO by exercise price range

The following table summarizes information concerning outstanding and exercisable NQ Options at December 31, 2012:

			Options Outstanding and Exercisable
Exercise Prices		Number Outstanding	Weighted Average Remaining Contractual Life (in years)	Weighted Average Exercise Price per Share
$	9.53	28,549	0.9	$	9.53
$	14.43	33,775	2.0	$	14.43
Total		62,324	1.5	$	12.18

					OSO units Outstanding at December 31, 2012				OSO units Exercisable at December 31, 2012
Range of Exercise Prices					Number Outstanding	Weighted Average Remaining Life (years)	Weighted Average Initial Strike Price		Number Exercisable	Weighted Average Initial Strike Price
$	14.10	-	$	20.85	496,213	1.04	$	15.95	—	$	—
$	22.05	-	$	24.30	793,617	1.76	$	22.68	—	$	—
$	27.53	-	$	36.60	776,589	2.14	$	28.89	—	$	—
					2,066,419	1.73	$	23.40	—	$	—

Management Incentive and Retention Plan

Share-based Compensation Arrangement by Share-based Payment Award

Schedule of restricted stock and restricted stock units

A summary of the retention restricted stock units granted under the MIRP is shown in the following table:

	Number	Weighted Average Grant Date Fair Value
Nonvested at January 1, 2012	—	$	—
Stock and units granted	465,000	25.92
Lapse of restrictions	—	—
Stock and units forfeited	—	—
Nonvested at December 31, 2012	465,000	$	25.92