XML 110 R27.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share-Based Compensation (Tables)
12 Months Ended
Dec. 31, 2013
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]  
Schedule of Fair Value of Each Stock Option Award is Estimated on Grant Date, Using Option Valuation Models

The expected life is an estimate of the number of years a share-based award will be held before it is exercised.

 

     2013     2012     2011  

Risk-free interest rate

     1.20     1.18     0.89

Expected volatility

     45     50     41

Expected life, in years

     6.25        6.25        5.00   

Expected dividend yield

                     
Schedule of Stock Option Activity

Information regarding Time Stock Options and SARs and Performance Stock Options and SARs activity during 2013, 2012 and 2011 is summarized below (share amounts in thousands):

 

     Time
Stock
Options
and
SARs
    Performance
Stock
Options and
SARs
    Total
Stock
Options
and
SARs
    Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual Term
     Aggregate
Intrinsic Value
(dollars in millions)
 

Options outstanding, December 31, 2010

     24,517        26,009        50,526      $ 8.58         

Granted

     644        644        1,288        23.35         

Exercised

     (3,312     (1,732     (5,044     6.31         

Cancelled

     (110     (348     (458     5.88         
  

 

 

   

 

 

   

 

 

         

Options outstanding, December 31, 2011

     21,739        24,573        46,312        9.26         

Granted

     3,174        3,174        6,348        27.03         

Exercised

     (5,530     (5,128     (10,658     7.60         

Cancelled

     (192     (568     (760     9.49         
  

 

 

   

 

 

   

 

 

         

Options and SARs outstanding, December 31, 2012

     19,191        22,051        41,242        11.56         

Granted

     2,432        2,432        4,864        37.49         

Exercised

     (4,498     (5,843     (10,341     8.49         

Cancelled

     (316     (263     (579     25.50         
  

 

 

   

 

 

   

 

 

         

Options and SARs outstanding, December 31, 2013

     16,809        18,377        35,186        15.82         5.4 years       $ 1,122   
  

 

 

   

 

 

   

 

 

         

Options and SARs exercisable, December 31, 2013

     11,960        13,527        25,487      $ 10.55         4.1 years       $ 947   
Schedule of Restricted Stock Units Activity

Information regarding Time RSUs and Performance RSUs activity during 2013, 2012 and 2011 is summarized below (share amounts in thousands):

 

     Time RSUs     Performance
RSUs
    Total RSUs     Weighted
Average
Grant
Date Fair
Value
 

RSUs outstanding, December 31, 2010

                            

Granted

     80               80      $ 30.00   

Vested

                            

Cancelled

                            
  

 

 

   

 

 

   

 

 

   

RSUs outstanding, December 31, 2011

     80               80        30.00   

Granted

     3,162        1,485        4,647        26.98   

Vested

     (4            (4     30.00   

Cancelled

     (164     (75     (239     26.99   
  

 

 

   

 

 

   

 

 

   

RSUs outstanding, December 31, 2012

     3,074        1,410        4,484        27.03   

Granted

     3,305        1,554        4,859        37.43   

Vested

     (831     (352     (1,183     27.30   

Cancelled

     (449     (213     (662     31.91   
  

 

 

   

 

 

   

 

 

   

RSUs outstanding, December 31, 2013

     5,099        2,399        7,498        33.30