Stock-Based Incentive Plans (Tables)

6 Months Ended

Jun. 30, 2011

Stock-Based Incentive Plans

Assumptions used to determine the fair value of options granted

Black-Scholes option pricing model assumptions for options granted in 2011 and 2010 are as follows:

Number		Risk-								Weighted
of Options		Free								Average
Granted	Grant	Interest		Dividend		Expected				Fair
(in thousands)	Date	Rate		Yield		Life	Volatility		Exercise Price	Value
1994 Plan
1,362	02/03/11	2.62	%	1.75	%	6.2 years	39.0	%	$29.66 to $32.63	$	10.33
148	02/02/10	2.93	%	1.62	%	6.5 years	36.0	%	$24.75	$	8.46
1995 Plan
30	02/15/11	2.92	%	1.76	%	6.6 years	38.0	%	$29.58	$	10.49

Summary of stock option activity

					Weighted-
			Weighted-		Average	Aggregate
			Average		Remaining	Intrinsic
	Shares		Exercise		Contractual	Value *
Non-Qualified Stock Options	(in thousands)		Price		Life (in years)	(in thousands)
Outstanding at January 1, 2011	1,124		$	34.19
Granted	1,392		29.66
Exercised	(7	)	23.74
Forfeited	(16	)	35.69
Outstanding at June 30, 2011	2,493		$	31.68	4.6	$	1,873
Outstanding and expected to vest at June 30, 2011	2,436		$	31.74	4.6	$	1,817
Exercisable at June 30, 2011	1,083		$	35.04	2.2	$	773

*The intrinsic value represents the amount, if any, by which the fair market value of the underlying common stock exceeds the exercise price of the option, using the closing price per share of $29.87 as reported by the New York Stock Exchange on June 30, 2011.

Summary of unvested options activity

			Weighted-
			Average
	Shares		Grant-Date
Unvested Options	(in thousands)		Fair Value
Unvested at January 1, 2011	180		$	7.85
Granted	1,392		10.33
Vested	(161	)	9.88
Forfeited	(1	)	6.55
Unvested at June 30, 2011	1,410		$	10.07