ÀÖÌìÌÃfun88(ÖйúÇø)¹Ù·½ÍøÕ¾

Quarterly report pursuant to Section 13 or 15(d)

STOCK-BASED COMPENSATION PLANS (Tables)

v2.4.0.8
STOCK-BASED COMPENSATION PLANS (Tables)
6 Months Ended
Jun. 30, 2014
STOCK-BASED COMPENSATION PLANS 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 Three
months
ended
JuneÌý30,
Ìý Six months
ended
JuneÌý30,
Ìý
Ìý
Ìý 2014 Ìý 2013 Ìý 2014 Ìý 2013 Ìý

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

Ìý $ 8 Ìý $ 6 Ìý $ 16 Ìý $ 14 Ìý

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

Ìý Ìý 8 Ìý Ìý 6 Ìý Ìý 15 Ìý Ìý 13 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 Three months
ended
JuneÌý30,
Ìý Six months
ended
JuneÌý30,
Ìý
Ìý
Ìý 2014 Ìý 2013 Ìý 2014 Ìý 2013 Ìý

Dividend yield

Ìý Ìý N/A Ìý Ìý 2.7 % Ìý 2.4 % Ìý 2.8 %

Expected volatility

Ìý Ìý N/A Ìý Ìý 61.6 % Ìý 60.3 % Ìý 62.5 %

Risk-free interest rate

Ìý Ìý N/A Ìý Ìý 1.3 % Ìý 1.7 % Ìý 1.0 %

Expected life of stock options granted during the period

Ìý Ìý N/A Ìý Ìý 5.6Ìýyears Ìý Ìý 5.7Ìýyears Ìý Ìý 5.6Ìýyears 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, 2014

Ìý Ìý 10,019 Ìý $ 15.39 Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Granted

Ìý Ìý 1,116 Ìý Ìý 21.22 Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Exercised

Ìý Ìý (1,369 ) Ìý 20.22 Ìý Ìý Ìý Ìý Ìý Ìý Ìý

Forfeited

Ìý Ìý (11 ) Ìý 18.47 Ìý Ìý Ìý Ìý Ìý Ìý Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � �

Outstanding at JuneÌý30, 2014

Ìý Ìý 9,755 Ìý Ìý 15.37 Ìý Ìý 5.4 Ìý $ 123 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 JuneÌý30, 2014

Ìý Ìý 7,375 Ìý Ìý 14.33 Ìý Ìý 4.2 Ìý Ìý 102 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, 2014

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

Granted

Ìý Ìý 730 Ìý Ìý 21.22 Ìý Ìý 237 Ìý Ìý 21.22 Ìý

Vested

Ìý Ìý (721 )(1) Ìý 16.09 Ìý Ìý (283 ) Ìý 15.97 Ìý

Forfeited

Ìý Ìý (13 ) Ìý 17.38 Ìý Ìý (8 ) Ìý 16.91 Ìý
Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý Ìý
� � � � � � � � � � � � � �

Nonvested at JuneÌý30, 2014

Ìý Ìý 1,826 Ìý Ìý 17.35 Ìý Ìý 520 Ìý Ìý 18.42 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 JuneÌý30, 2014, a total of 388,299 restricted stock units were vested but not yet issued, of which 44,534 vested during the six months ended JuneÌý30, 2014. 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.