v2.4.0.6
Common Stock and Stock Plans (Tables)
12 Months Ended
Dec. 31, 2012
Common Stock and Stock Plans (Tables) [Abstract]  
Reserved, Issued and Authorized Common Stock
    
  Number of shares
Dividend reinvestment and  
 common stock purchase plans 4,818,377
Director plans 1,215,481
Stock plans (1) 652,061,838
Convertible securities and warrants 104,944,767
 Total shares reserved 763,040,463
Shares issued 5,481,811,474
Shares not reserved 2,755,148,063
 Total shares authorized 9,000,000,000
    

  • Includes employee options, restricted shares and restricted share rights, 401(k), profit sharing and compensation deferral plans.
Components of Stock Incentive Compensation Expense and Related Recognized Tax Benefit
         
         
      Year ended December 31,
(in millions) 201220112010
RSRs$ 435 338 252
Performance shares  112 128 66
Stock options  13 63 118
 Total stock incentive compensation    
   expense$ 560 529 436
Related recognized tax benefit$ 211 200 165
         
         
Summary of RSRs and Restricted Share Awards
         
       Weighted-
       average
       grant-date
     Number fair value
Nonvested at January 1, 2012 39,280,129 $ 28.81
Granted 19,766,280   31.49
Vested (2,620,424)   28.53
Canceled or forfeited (1,138,648)   29.10
Nonvested at December 31, 2012 55,287,337   29.78
         
Summary of Performance Awards
         
       Weighted-
       average
       grant date
     Number fair value
Nonvested at January 1, 2012 6,404,965 $ 29.68
Granted 3,889,916   31.44
Nonvested at December 31, 2012 10,294,881   30.35
         
Stock Option Activity and Related Information
              
          Weighted-   
         Weighted-average  Aggregate
         averageremaining  intrinsic
         exercisecontractual  value
      Number  priceterm (in yrs.)  (in millions)
Incentive compensation plans        
Options outstanding as of December 31, 2011 271,298,603 $ 38.14    
 Granted  1,828,758   31.82    
 Canceled or forfeited (11,376,806)   73.59    
 Exercised (58,824,163)   21.78    
Options exercisable and outstanding as of December 31, 2012 202,926,392   40.84 3.7 $ 1,119
              
PartnerShares Plan        
Options outstanding as of December 31, 2011 7,477,472   25.25    
 Canceled or forfeited (606,614)   25.25    
 Exercised (6,870,858)   25.25    
Options outstanding as of December 31, 2012 -   - -   -
              
Director awards        
Options outstanding as of December 31, 2011 721,432   29.56    
 Granted  82,893   33.82    
 Canceled or forfeited (19,232)   33.41    
 Exercised (197,071)   25.45    
Options exercisable and outstanding as of December 31, 2012 588,022   31.42 3.2   2
              
              
Summary of weighted-average per share fair value of options granted and the assumptions used
        
    Year ended December 31,
    2012 20112010
Per share fair value of options granted$ 2.79  3.78 6.11
Expected volatility  29.2% 32.7 44.3
Expected dividends$ 0.68  0.32 0.20
Expected term (in years)  0.7  1.0 1.3
Risk-free interest rate  0.1% 0.2 0.6
        
        
Employee Stock Ownership Plan
       
    Shares outstanding
    December 31,
(in millions, except shares) 201220112010
Allocated shares (common)  136,821,035 131,046,406 118,901,327
Unreleased shares (preferred)  910,934 858,759 618,382
Fair value of unreleased ESOP preferred shares$ 911 859 618
       
       
    Dividends paid
    Year ended December 31,
    201220112010
Allocated shares (common)$ 117 60 23
Unreleased shares (preferred)  115 95 76