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Registration of securities issued in business combination transactions

STOCK-BASED COMPENSATION PLANS (Details)

v3.3.1.900
STOCK-BASED COMPENSATION PLANS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý
Authorized number of shares to be granted under the Stock Incentive Plan 37,200 Ìý Ìý
Remaining shares available for grant 7,000 Ìý Ìý
Vesting period 3 years Ìý Ìý
Compensation cost from continuing operations $ 29 $ 27 $ 28
Total income tax benefit recognized in the statements of operations for stock-based compensation arrangements $ 6 $ 6 $ 7
Stock options Ìý Ìý Ìý
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý
Vesting period 2 years Ìý Ìý
Weighted average of the assumptions utilized for stock options granted Ìý Ìý Ìý
Dividend yield (as a percent) 2.30% 2.40% 2.80%
Expected volatility (as a percent) 57.60% 60.30% 62.50%
Risk-free interest rate (as a percent) 1.40% 1.70% 1.00%
Expected life of stock options granted during the period 5 years 10 months 24 days 5 years 8 months 12 days 5 years 7 months 6 days
Option Awards, Shares Ìý Ìý Ìý
Outstanding at the beginning of the period (in shares) 8,781 Ìý Ìý
Granted (in shares) 1,011 Ìý Ìý
Exercised (in shares) (49) Ìý Ìý
Forfeited (in shares) (199) Ìý Ìý
Outstanding at the end of the period (in shares) 9,544 8,781 Ìý
Exercisable at the end of the period (in shares) 7,449 Ìý Ìý
Option Awards, Weighted Average Exercise Price Ìý Ìý Ìý
Outstanding at the beginning of the period (in dollars per share) $ 14.84 Ìý Ìý
Granted (in dollars per share) 22.21 Ìý Ìý
Exercised (in dollars per share) 16.43 Ìý Ìý
Forfeited (in dollars per share) 19.70 Ìý Ìý
Outstanding at the end of the period (in dollars per share) 15.51 $ 14.84 Ìý
Exercisable at the end of the period (in dollars per share) $ 13.95 Ìý Ìý
Outstanding, Weighted Average Remaining Contractual Term 4 years 9 months 18 days Ìý Ìý
Exercisable, Weighted Average Remaining Contractual Term 3 years 8 months 12 days Ìý Ìý
Outstanding, Aggregate Intrinsic Value $ 17 Ìý Ìý
Exercisable, Aggregate Intrinsic Value $ 17 Ìý Ìý
Weighted-average grant-date fair value of stock options granted (in dollars per share) $ 9.81 $ 9.63 $ 7.93
Total unrecognized compensation cost related to nonvested share-based compensation arrangements granted under the Stock Incentive Plan $ 11 Ìý Ìý
Weighted-average period over which cost is expected to be recognized Ìý 1 year 9 months 18 days Ìý
Total intrinsic value of stock options exercised $ 0 $ 14 $ 14
Maximum | Stock options Ìý Ìý Ìý
STOCK-BASED COMPENSATION PLANS Ìý Ìý Ìý
Contractual term 10 years Ìý Ìý