Quarterly report pursuant to Section 13 or 15(d)

Employee Equity Incentive Plans

v3.10.0.1
Employee Equity Incentive Plans
6 Months Ended
Jun. 30, 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 186 million shares of common stock available through June 2020 for future grants.
SHARE-BASED COMPENSATION
Share-based compensation expense recognized was $387 million in the second quarter of 2018 and $820 million in the first six months of 2018 ($328 million in the second quarter of 2017 and $725 million in the first six months of 2017).
RESTRICTED STOCK UNIT AWARDS
Restricted stock unit activity in the first six months of 2018 was as follows: 
 
 
Number of
RSUs
(In Millions)
 
Weighted Average
Grant-Date
Fair Value
December 30, 2017
 
100.4

 
$
32.36

Granted
 
32.5

 
$
49.47

Vested
 
(34.7
)
 
$
30.82

Forfeited
 
(4.1
)
 
$
34.02

June 30, 2018
 
94.1

 
$
38.76


The aggregate fair value of awards that vested in the first six months of 2018 was $1.8 billion, 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 the first six months of 2018 was $1.1 billion. 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 six months of 2018 for $249 million (8 million shares of common stock in the first six months of 2017 for $235 million) under the 2006 Stock Purchase Plan.