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Share-Based Compensation (Tables)
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12 Months Ended |
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Dec. 31, 2014
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| Share-based Compensation [Abstract] |
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| Restricted Stock Units Activity [Table Text Block] |
RSU activity during 2014 was as follows (in millions, except for weighted average grant-date fair value): | | | | | | | | | | | | | Shares | | Weighted- Average Grant- Date Fair Value | | Aggregate Intrinsic Value | Outstanding, beginning of year | 20.3 |
| | $ | 13.11 |
| | | Granted | 10.8 |
| | 15.40 |
| | | Vested (a) | (7.5 | ) | | 13.60 |
| | | Forfeited | (0.2 | ) | | 13.87 |
| | | Outstanding, end of year (a) | 23.4 |
| | 14.01 |
| | $ | 362 |
| RSU-stock expected to vest | 23.0 |
| | N/A |
| | 358 |
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__________ | | (a) | 2014 Plan RSU awards vest immediately at grant. However, shares of Common Stock may be issued immediately, five years from grant, or at the time of the Director’s separation. As such, the amounts reflect shares vested, but unissued. |
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| Fair And Intrinsic Value Of Restricted Stock Units [Table Text Block] |
The fair value and intrinsic value of RSUs at December 31 were as follows (in millions, except RSU per unit amounts): | | | | | | | | | | | | | | 2014 | | 2013 | | 2012 | Fair value | | | | | | Granted | $ | 166 |
| | $ | 138 |
| | $ | 102 |
| Weighted average for multiple grant dates (per unit) | 15.40 |
| | 12.77 |
| | 12.43 |
| Vested | 102 |
| | 101 |
| | 109 |
| Intrinsic value | |
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| | |
| Vested | $ | 116 |
| | $ | 119 |
| | $ | 329 |
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| Compensation cost of RSU-stock [Table Text Block] |
Compensation cost for RSUs for the years ended December 31 was as follows (in millions): | | | | | | | | | | | | | | 2014 | | 2013 | | 2012 | Compensation cost (a) | $ | 95 |
| | $ | 81 |
| | $ | 62 |
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__________ | | (a) | Net of tax benefit of $49 million, $48 million, and $36 million in 2014, 2013, and 2012, respectively. |
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| Stock Options Activity [Table Text Block] |
Stock option activity at December 31 was as follows (in millions, except for weighted average exercise price): | | | | | | | | | | | | | | | | 2014 | | 2013 | | Shares | | Weighted- Average Exercise Price | | Shares | | Weighted- Average Exercise Price | Outstanding, beginning of year | 79.1 |
| | $ | 9.17 |
| | 108.0 |
| | $ | 9.14 |
| Granted | 6.3 |
| | 15.58 |
| | 5.9 |
| | 12.76 |
| Exercised (a) | (19.9 | ) | | 8.68 |
| | (33.1 | ) | | 9.76 |
| Expired | (1.6 | ) | | 13.39 |
| | (1.6 | ) | | 8.26 |
| Forfeited | (0.1 | ) | | 15.16 |
| | (0.1 | ) | | 12.80 |
| Outstanding, end of year | 63.8 |
| | 9.83 |
| | 79.1 |
| | 9.17 |
| Exercisable, end of year | 51.5 |
| | 8.81 |
| | 67.6 |
| | 8.53 |
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__________ | | (a) | Exercised at option prices ranging from $1.96 to $16.43 during 2014 and option prices ranging from $1.96 to $16.49 during 2013 |
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| Fair Value Of Vested Stock Options [Table Text Block] |
The total grant date fair value of options that vested during the years ended December 31 was as follows (in millions): | | | | | | | | | | | | | | 2014 | | 2013 | | 2012 | Fair value of vested options | $ | 34 |
| | $ | 41 |
| | $ | 37 |
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| Compensation cost of stock options [Table Text Block] |
Compensation cost for stock options for the years ended December 31 was as follows (in millions): | | | | | | | | | | | | | | 2014 | | 2013 | | 2012 | Compensation cost (a) | $ | 27 |
| | $ | 18 |
| | $ | 26 |
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__________ | | (a) | Net of tax benefit of $9 million, $11 million, and $16 million in 2014, 2013, and 2012, respectively. |
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| Rollforward of Nonvested Shares [Table Text Block] |
A summary of the status of our non-vested shares and changes for the year end December 31, 2014 was as follows (in millions, except for weighted average grant-date fair value): | | | | | | | | | Shares | | Weighted- Average Grant- Date Fair Value | Non-vested, beginning of year | 11.5 |
| | $ | 5.78 |
| Granted | 6.3 |
| | 6.21 |
| Vested | (5.4 | ) | | 6.28 |
| Forfeited | (0.1 | ) | | 6.10 |
| Non-vested, end of year | 12.3 |
| | 5.78 |
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| Fair Value Of Stock Options [Table Text Block] |
The estimated weighted-average fair value of stock options at the time of grant using the Black-Scholes option-pricing model was as follows: | | | | | | | | | | | | | | 2014 | | 2013 | | 2012 | Fair value per stock option | $ | 6.21 |
| | $ | 5.03 |
| | $ | 5.88 |
| Assumptions: | |
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| Annualized dividend yield | 3 | % | | 3 | % | | 2 | % | Expected volatility | 51.5 | % | | 52.2 | % | | 53.8 | % | Risk-free interest rate | 2.4 | % | | 1.5 | % | | 1.6 | % | Expected stock option term (in years) | 7.8 |
| | 7.7 |
| | 7.2 |
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| Stock option exercise price ranges [Table Text Block] |
Details on various stock option exercise price ranges at December 31, 2014 were as follows (shares in millions): | | | | | | | | | | | | | | | | | | Outstanding Options | | Exercisable Options | Range of Exercise Prices | Shares | | Weighted- Average Life (years) | | Weighted- Average Exercise Price | | Shares | | Weighted- Average Exercise Price | $1.96 – $2.84 | 9.0 |
| | 4.2 | | $ | 2.29 |
| | 9.0 |
| | $ | 2.29 |
| $5.11 – $8.58 | 20.8 |
| | 2.1 | | 7.27 |
| | 20.8 |
| | 7.27 |
| $10.11 – $12.98 | 23.6 |
| | 5.1 | | 12.60 |
| | 17.6 |
| | 12.59 |
| $13.07 – $17.21 | 10.4 |
| | 8.0 | | 15.25 |
| | 4.1 |
| | 14.76 |
| Total stock options | 63.8 |
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| | 51.5 |
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