XML 69 R35.htm IDEA: XBRL DOCUMENT v2.4.0.6
Stockbased Compensation Expense (Tables)
12 Months Ended
Dec. 31, 2012
Stock-based Compensation Expense Disclosure [Abstract]  
Schedule of Compensation Cost for Share-based Payment Arrangements, Allocation of Share-based Compensation Costs by Plan [Table Text Block]

       The components of pre-tax stock-based compensation expense are as follows:

            
(In millions) 2012 2011 2010
            
Stock Option Awards $ 39.3 $ 49.4 $ 48.6
Restricted Share/Unit Awards   38.9   30.6   33.0
            
Total Stock-based Compensation Expense $ 78.2 $ 80.0 $ 81.6
            
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
            
  Stock-based compensation expense is included in the accompanying statement of income as follows:
            
(In millions) 2012 2011 2010
            
Cost of Revenues $ 5.4 $ 5.7 $ 5.8
Selling, General and Administrative Expenses   70.7   72.4   74.0
Research and Development Expenses   2.1   1.9   1.8
            
Total Stock-based Compensation Expense $ 78.2 $ 80.0 $ 81.6
            
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

       The weighted average assumptions used in the Black-Scholes option pricing model are as follows:

  2012 2011 2010
            
Expected Stock Price Volatility  34%  33%  32%
Risk Free Interest Rate  0.8%  1.7%  2.0%
Expected Life of Options (years)   4.5   4.1   4.1
Expected Annual Dividend  0.9%  0.0%  0.0%
Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

       A summary of option activity as of December 31, 2012 and changes during the three years then ended is presented below:

  Shares (in millions) Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (a) (in millions)
             
Outstanding at December 31, 2009   19.9 $ 39.39      
 Granted   4.3   49.61      
 Exercised   (2.4)   31.96      
 Canceled / Expired   (0.8)   44.55      
               
Outstanding at December 31, 2010   21.0   42.15      
 Granted   3.7   54.74      
 Exercised   (4.1)   38.46      
 Canceled / Expired   (1.0)   48.11      
               
Outstanding at December 31, 2011   19.6   45.00      
 Granted   2.9   57.17      
 Exercised   (6.4)   39.77      
 Canceled / Expired   (0.8)   52.55      
               
Outstanding at December 31, 2012   15.3   49.07   4.2   
               
Vested and Unvested Expected to Vest at            
December 31, 2012   14.8   48.84   4.1 $ 220.6
               
Exercisable at December 31, 2012   8.0   44.58   3.0 $ 153.1

(a)       Market price per share on December 31, 2012 was $63.78. The intrinsic value is zero for options with exercise prices above the market price.

Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding and Exercisable [Table Text Block]
  Shares (in millions) Weighted Average Exercise Price Weighted Average Remaining Contractual Term (in years) Aggregate Intrinsic Value (a) (in millions)
             
Outstanding at December 31, 2009   19.9 $ 39.39      
 Granted   4.3   49.61      
 Exercised   (2.4)   31.96      
 Canceled / Expired   (0.8)   44.55      
               
Outstanding at December 31, 2010   21.0   42.15      
 Granted   3.7   54.74      
 Exercised   (4.1)   38.46      
 Canceled / Expired   (1.0)   48.11      
               
Outstanding at December 31, 2011   19.6   45.00      
 Granted   2.9   57.17      
 Exercised   (6.4)   39.77      
 Canceled / Expired   (0.8)   52.55      
               
Outstanding at December 31, 2012   15.3   49.07   4.2   
               
Vested and Unvested Expected to Vest at            
December 31, 2012   14.8   48.84   4.1 $ 220.6
               
Exercisable at December 31, 2012   8.0   44.58   3.0 $ 153.1
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]

       A summary of the status of the company's restricted shares/units as of December 31, 2012 and changes during the three years then ended are presented below:

  Shares (in thousands) Weighted Average Grant-Date Fair Value
       
Unvested at December 31, 2009   1,671 $ 41.99
 Granted   704   49.43
 Vested   (499)   42.00
 Forfeited   (92)   39.56
           
Unvested at December 31, 2010   1,784   45.05
 Granted   572   54.96
 Vested   (504)   42.14
 Forfeited   (104)   48.03
           
Unvested at December 31, 2011   1,748   48.96
 Granted   1,014   57.12
 Vested   (520)   44.25
 Forfeited   (191)   51.92
           
Unvested at December 31, 2012   2,051   53.91