ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Annual report pursuant to Section 13 and 15(d)

STOCK-BASED COMPENSATION PLAN (Tables)

v2.4.0.8
STOCK-BASED COMPENSATION PLAN (Tables)
12 Months Ended
Dec. 31, 2013
STOCK-BASED COMPENSATION PLAN Ìý
Compensation cost from continuing operations under the Stock Incentive Plan

The compensation cost from continuing operations under the Stock Incentive Plan for our Company and ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International were as follows (dollars in millions):

Ìý
Ìý Year ended
DecemberÌý31,
Ìý
Ìý
Ìý 2013 Ìý 2012 Ìý 2011 Ìý

ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ Corporation
compensation cost

Ìý $ 29 Ìý $ 27 Ìý $ 24 Ìý

ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾ International
compensation cost

Ìý Ìý 28 Ìý Ìý 26 Ìý Ìý 22 Ìý
Assumptions used to calculate fair value of each stock option award estimated on the date of grant using the Black-Scholes valuation model

Ìý

Ìý

Ìý
Ìý Year ended DecemberÌý31, Ìý
Ìý
Ìý 2013 Ìý 2012 Ìý 2011 Ìý

Dividend yield

Ìý Ìý 2.8 % Ìý 3.0 % Ìý 2.3 %

Expected volatility

Ìý Ìý 62.5 % Ìý 65.3 % Ìý 65.6 %

Risk-free interest rate

Ìý Ìý 1.0 % Ìý 1.3 % Ìý 2.8 %

Expected life of stock options granted during the period

Ìý Ìý 5.6Ìýyears Ìý Ìý 6.6Ìýyears Ìý Ìý 6.6Ìýyears Ìý
Summary of stock option activity under the Stock Incentive Plan

Ìý

Ìý

Option Awards
Ìý Shares Ìý Weighted
Average
Exercise
Price
Ìý Weighted
Average
Remaining
Contractual
Term
Ìý Aggregate
Intrinsic
Value
Ìý
Ìý
Ìý (in thousands)
Ìý Ìý
Ìý (years)
Ìý (in millions)
Ìý

Outstanding at JanuaryÌý1, 2013

Ìý Ìý 10,517 Ìý $ 14.52 Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Granted

Ìý Ìý 1,239 Ìý Ìý 17.87 Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Exercised

Ìý Ìý (1,365 ) Ìý 9.65 Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Forfeited

Ìý Ìý (372 ) Ìý 21.18 Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Outstanding at DecemberÌý31, 2013

Ìý Ìý 10,019 Ìý Ìý 15.39 Ìý Ìý 4.9 Ìý $ 92 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Exercisable at DecemberÌý31, 2013

Ìý Ìý 7,614 Ìý Ìý 15.14 Ìý Ìý 3.8 Ìý Ìý 72 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Summary of status of nonvested shares under the Stock Incentive Plan

Ìý

Ìý

Ìý
Ìý Equity Awards Ìý Liability Awards Ìý
Ìý
Ìý Shares Ìý Weighted
Average
Grant-Date
Fair Value
Ìý Shares Ìý Weighted
Average
Grant-Date
Fair Value
Ìý
Ìý
Ìý (in thousands)
Ìý Ìý
Ìý (in thousands)
Ìý Ìý
Ìý

Nonvested at JanuaryÌý1, 2013

Ìý Ìý 1,789 Ìý $ 13.87 Ìý Ìý 638 Ìý $ 14.50 Ìý

Granted

Ìý Ìý 803 Ìý Ìý 17.88 Ìý Ìý 270 Ìý Ìý 17.85 Ìý

Vested

Ìý Ìý (753) (1) Ìý 14.61 Ìý Ìý (314 ) Ìý 14.57 Ìý

Forfeited

Ìý Ìý (9 ) Ìý 17.01 Ìý Ìý (20 ) Ìý 15.60 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Nonvested at DecemberÌý31, 2013

Ìý Ìý 1,830 Ìý Ìý 15.31 Ìý Ìý 574 Ìý Ìý 16.03 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý

(1)
As of DecemberÌý31, 2013, a total of 591,106 restricted stock units were vested, of which 74,768 vested during 2013. These shares have not been reflected as vested shares in this table because, in accordance with the restricted stock unit agreements, shares of common stock are not issued for vested restricted stock units until termination of employment.