Share-Based Incentive Compensation

9 Months Ended

Sep. 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 September 30, 2011:

Stock Options	Number	Weighted Average Exercise Price		Weighted Average Contractual Life Remaining	AggregateIntrinsic Value($ in millions)
Vested at end of period (1)	12,994,952	$	46.54	4.5 years	$	55
Exercisable at end of period	9,234,485	$	44.83	3.5 years	$	45

(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 $27 million for each of the three months ended September 30, 2011 and 2010, and $94 million and $98 million for the nine months ended September 30, 2011 and 2010, respectively.  The related tax benefits recognized in the consolidated statement of income were $9 million and $0, for the three months ended September 30, 2011 and 2010, respectively, and $32 million and $25 million for the nine months ended September 30, 2011 and 2010, respectively.

The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards at September 30, 2011 was $140 million, which is expected to be recognized over a weighted-average period of 1.8 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.