Share-Based Incentive Compensation

3 Months Ended

Mar. 31, 2013

Share-Based Incentive Compensation disclosure

Share-Based Incentive Compensation disclosure [Text Block]

10.          SHARE-BASED INCENTIVE COMPENSATION

The following information relates to fully vested stock option awards at March 31, 2013:

Stock Options	Number	Weighted Average Exercise Price		Weighted Average Contractual Life Remaining	AggregateIntrinsic Value (in millions)
Vested at end of period (1)	9,268,538	$	51.78	5.9 years	$	300
Exercisable at end of period	6,399,188	$	46.31	4.7 years	$	242

(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 $41 million and $38 million for the three months ended March 31, 2013 and 2012, respectively. The related tax benefits recognized in earnings were $14 million and $13 million for the three months ended March 31, 2013 and 2012, respectively.

The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards at March 31, 2013 was $193 million, which is expected to be recognized over a weighted-average period of 2.2 years. The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards at December 31, 2012 was $112 million, which was expected to be recognized over a weighted-average period of 1.7 years.