Share-Based Compensation (Tables)

3 Months Ended

Mar. 31, 2015

Share-based Compensation [Abstract]

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The fair values of our stock options are calculated using the following weighted average assumptions for the three months ended March 31, 2015:

	Three Months Ended
Assumptions	March 31, 2015
Dividend yield	1.8	%
Expected volatility	23.3	%
Risk-free interest rate	1.3	%
Expected holding period (in years)	4.0

Schedule of Share-based Compensation, Stock Options, Activity

The following table sets forth stock option activity for the three months ended March 31, 2015:

	Options		Weighted-Average Exercise Price
Outstanding at December 31, 2014	12,107,106		$	11.63
Granted	2,036,010		$	23.00
Exercised	(873,169	)	$	10.92
Outstanding at March 31, 2015	13,269,947		$	13.41
Exercisable at March 31, 2015	9,059,704		$	10.49

Schedule of Share-based Compensation, Restricted Stock Units Award Activity

Restricted share activity for the three months ended March 31, 2015 was as follows:

	Restricted shares		Weighted-Average Grant-Date Fair Value
Nonvested restricted shares at December 31, 2014	1,319,260		$	13.39
Granted	253,791		$	23.00
Vested	(987,684	)	$	12.35
Nonvested restricted shares at March 31, 2015	585,367		$	19.32