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Stock-Based Compensation (Tables)
6 Months Ended
Jun. 30, 2011
Stock-Based Compensation [Abstract]  
Stock option rollforward table

 

 

 

Number of Shares

 

 

Weighted Average Exercise Price

 

 

Weighted Average Remaining Term
(in years)

 

 

Aggregate Intrinsic Value
(in millions)

 

Outstanding - December 31, 2010

 

 

17,164,890

 

 

$

17.44

 

 

 

5.6

 

 

$

8

 

Granted

 

 

909,306

 

 

$

14.32

 

 

 

 

 

 

 

 

 

Exercised

 

 

6,654

 

 

$

10.95

 

 

 

 

 

 

 

 

 

Forfeited

 

 

51,050

 

 

$

11.23

 

 

 

 

 

 

 

 

 

Expired

 

 

156,885

 

 

$

17.55

 

 

 

 

 

 

 

 

 

Outstanding - June 30, 2011

 

 

17,859,607

 

 

$

17.30

 

 

 

5.3

 

 

$

25

 

Exercisable - June 30, 2011

 

 

6,665,499

 

 

$

19.15

 

 

 

5.3

 

 

$

1

 

Vested and expected to vest - June 30, 2011

 

 

17,443,021

 

 

$

17.41

 

 

 

5.2

 

 

$

24

 

 

Weighted average grant date fair value table

 

 

 

2011

 

 

2010

 

Expected term (in years)(1)

 

 

6.5

 

 

 

6.5

 

Risk-free interest rate(2)

 

 

2.7 — 3.2

%

 

 

2.9 — 3.3

%

Expected volatility(3)

 

 

31.2 — 31.7

%

 

 

35.0 — 37.6

%

Dividend yield(4)

 

 

 

 

 

 

Weighted average grant-date fair value (per option)

 

$

5.48

 

 

$

4.66

 

_________

(1)
Expected term calculated using the simplified method prescribed by the SEC due to the lack of sufficient historical exercise data to provide a reasonable basis to estimate the expected term.
(2)
Zero Coupon U.S. Treasury rate or equivalent based on expected term.
(3)
Volatility calculated using the implied volatility of our exchange traded stock options.
(4)
We have never paid cash dividends on our common stock, and it is not anticipated that any cash dividends will be paid on our common stock in the near future.

 

RSA and RSU rollforward table

 

 

 

Number of
Restricted
Stock Awards

 

 

Weighted
Average
Grant-Date
Fair Value

 

Nonvested - December 31, 2010

 

 

2,683,117

 

 

$

11.16

 

Granted

 

 

1,630,465

 

 

$

14.38

 

Forfeited

 

 

145,923

 

 

$

11.88

 

Vested

 

 

460,232

 

 

$

14.62

 

Nonvested - June 30, 2011

 

 

3,707,427

 

 

$

12.10