Employee Equity Incentive Plans
|3 Months Ended|
Mar. 31, 2018
|Employee Benefits and Share-based Compensation, Noncash [Abstract]|
|Employee Equity Incentive Plans [Text Block]||
NOTE 14: EMPLOYEE EQUITY INCENTIVE PLANS
Our equity incentive plans are broad-based, long-term programs intended to attract and retain talented employees and align stockholder and employee interests. Our plans include our 2006 Equity Incentive Plan and our 2006 Stock Purchase Plan. The 2006 Equity Incentive Plan had 208 million shares of common stock available through June 2020 for future grants.
Share-based compensation expense recognized was $433 million in the first three months of 2018 ($397 million in the first three months of 2017).
RESTRICTED STOCK UNIT AWARDS
Restricted stock unit activity in the first three months of 2018 was as follows:
The aggregate fair value of awards that vested in the first three months of 2018 was $204 million, which represents the market value of our common stock on the date that the RSUs vested. The grant-date fair value of awards that vested in first three months of 2018 was $157 million. The number of RSUs vested includes shares of common stock that we withheld on behalf of employees to satisfy the minimum statutory tax withholding requirements.
STOCK PURCHASE PLAN
The 2006 Stock Purchase Plan allows eligible employees to purchase shares of our common stock at 85% of the value of our common stock on specific dates. Rights to purchase shares of common stock are granted during the first and third quarters of each year. The 2006 Stock Purchase Plan had 142 million shares of common stock remaining through August 2021 for issuance.
Employees purchased 8.2 million shares of common stock in the first three months of 2018 for $249 million (8.0 million shares of common stock in the first three months of 2017 for $235 million) under the 2006 Stock Purchase Plan.
The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.
Reference 1: http://www.xbrl.org/2003/role/presentationRef