Share-Based Incentive Compensation

6 Months Ended

Jun. 30, 2011

Share-Based Incentive Compensation disclosure

Share-Based Incentive Compensation disclosure [Text Block]

8. SHARE-BASED INCENTIVE COMPENSATION

The following presents information for fully vested stock option awards at June 30, 2011:

Stock Options	Number	Weighted Average Exercise Price		Weighted Average Contractual Life Remaining	AggregateIntrinsic Value($ in millions)
Vested at end of period (1)	13,433,507	$	46.38	4.6 years	$	163
Exercisable at end of period	9,646,852	$	44.68	3.6 years	$	132

(1) Represents awards for which the requisite service has been rendered, including those that are retirement eligible.

The total compensation cost for all share-based incentive compensation awards recognized in earnings was $30 million and $29 million for the three months ended June 30, 2011 and 2010, respectively, and $67 million and $71 million for the six months ended June 30, 2011 and 2010, respectively.  The related tax benefits recognized in the consolidated statement of income (loss) was $10 million for each of the three months ended June 30, 2011 and 2010, and $23 million and $25 million for the six months ended June 30, 2011 and 2010, respectively.

The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards at June 30, 2011 was $164 million, which is expected to be recognized over a weighted-average period of 2.0 years. The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards at December 31, 2010 was $112 million, which was expected to be recognized over a weighted-average period of 1.7 years.