Share-Based Incentive Compensation

3 Months Ended

Mar. 31, 2014

Share-Based Incentive Compensation disclosure

Share-Based Incentive Compensation disclosure [Text Block]

9. SHARE-BASED INCENTIVE COMPENSATION

The following information relates to fully vested stock option awards at March 31, 2014:

Stock Options	Number	Weighted Average Exercise Price		Weighted Average Contractual Life Remaining	AggregateIntrinsic Value($ in millions)
Vested at end of period (1)	8,892,757	$	57.11	6.1 years	$	249
Exercisable at end of period	6,071,383	$	50.13	4.9 years	$	212

(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 $44 million and $41 million for the three months ended March 31, 2014 and 2013, respectively.  The related tax benefits recognized in earnings were $15 million and $14 million for the three months ended March 31, 2014 and 2013, respectively.

The total unrecognized compensation cost related to all nonvested share-based incentive compensation awards at March 31, 2014 was $209 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, 2013 was $120 million, which was expected to be recognized over a weighted-average period of 1.7 years.