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Baltimore Gas & Electric Co, et al. – ‘10-K’ for 12/31/10 – ‘XML.R20’

On:  Tuesday, 3/1/11, at 7:00am ET   ·   For:  12/31/10   ·   Delayed-Release:  Document/Exhibit  –  Release Delayed   ·   Accession #:  1047469-11-1579   ·   File #s:  1-01910, 1-12869

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  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 3/01/11  Baltimore Gas & Electric Co       10-K12/31/10  130:41M                                    Toppan Merrill-FA
          Constellation Energy Group Inc

Annual Report   —   Form 10-K   —   Sect. 13 / 15(d) – SEA’34
Filing Table of Contents

Document/Exhibit                   Description                      Pages   Size 

 1: 10-K        Annual Report                                       HTML   2.75M 
130: COVER     ¶ Comment-Response or Cover Letter to the SEC         HTML     40K  
 2: EX-10.(S)   Material Contract                                   HTML     56K 
 3: EX-10.(T)   Material Contract                                   HTML     61K 
 4: EX-10.X     Material Contract                                   HTML     42K 
 7: EX-21       Subsidiaries List                                   HTML     40K 
 8: EX-23.(A)   Consent of Experts or Counsel                       HTML     38K 
 9: EX-23.(B)   Consent of Experts or Counsel                       HTML     36K 
18: EX-99.(A)   Miscellaneous Exhibit                               HTML    685K 
 5: EX-12.(A)   Statement re: Computation of Ratios                 HTML     53K 
 6: EX-12.(B)   Statement re: Computation of Ratios                 HTML     54K 
10: EX-31.(A)   Certification -- §302 - SOA'02                      HTML     39K 
11: EX-31.(B)   Certification -- §302 - SOA'02                      HTML     39K 
12: EX-31.(C)   Certification -- §302 - SOA'02                      HTML     39K 
13: EX-31.(D)   Certification -- §302 - SOA'02                      HTML     39K 
14: EX-32.(A)   Certification -- §906 - SOA'02                      HTML     36K 
15: EX-32.(B)   Certification -- §906 - SOA'02                      HTML     36K 
16: EX-32.(C)   Certification -- §906 - SOA'02                      HTML     36K 
17: EX-32.(D)   Certification -- §906 - SOA'02                      HTML     36K 
100: XML         IDEA XML File -- Definitions and References          XML    668K  
118: XML         IDEA XML File -- Filing Summary                      XML    554K  
113: XML.R1      Consolidated Statements of Income (Loss)             XML    470K  
                (Constellation Energy Group, Inc. and                            
                Subsidiaries)                                                    
114: XML.R2      Consolidated Balance Sheets (Constellation Energy    XML    715K  
                Group, Inc. and Subsidiaries)                                    
64: XML.R3      Consolidated Balance Sheets (Parenthetical)          XML     97K 
                (Constellation Energy Group, Inc. and                            
                Subsidiaries)                                                    
74: XML.R4      Consolidated Statements of Cash Flows                XML    833K 
                (Constellation Energy Group, Inc. and                            
                Subsidiaries)                                                    
98: XML.R5      Consolidated Statements of Common Shareholders'      XML   1.71M 
                Equity and Comprehensive Income (Loss)                           
                (Constellation Energy Group, Inc. and                            
                Subsidiaries)                                                    
93: XML.R6      Consolidated Statements of Common Shareholders'      XML    250K 
                Equity and Comprehensive Income (Loss)                           
                (Parenthetical) (Constellation Energy Group, Inc.                
                and Subsidiaries)                                                
124: XML.R7      Significant Accounting Policies                      XML    195K  
38: XML.R8      Other Events                                         XML    222K 
92: XML.R9      Information by Operating Segment                     XML    147K 
33: XML.R10     Investments                                          XML    168K 
32: XML.R11     Intangible Assets                                    XML    128K 
63: XML.R12     Regulatory Assets (Net)                              XML     90K 
107: XML.R13     Pension, Postretirement, Other Postemployment, and   XML    301K  
                Employee Savings Plan Benefits                                   
66: XML.R14     Credit Facilities and Short-Term Borrowings          XML     89K 
70: XML.R15     Capitalization                                       XML    157K 
87: XML.R16     Taxes                                                XML    151K 
129: XML.R17     Leases                                               XML     88K  
55: XML.R18     Commitments, Guarantees, and Contingencies           XML    122K 
25: XML.R19     Derivatives and Fair Value Measurements              XML    511K 
73: XML.R20     Stock-Based Compensation                             XML    135K 
104: XML.R21     Merger and Acquisitions                              XML     87K  
45: XML.R22     Related Party Transactions                           XML     84K 
99: XML.R23     Quarterly Financial Data (Unaudited)                 XML    151K 
71: XML.R24     Schedule Ii-Valuation and Qualifying Accounts        XML    100K 
123: XML.R25     Significant Accounting Policies (Policies)           XML    317K  
109: XML.R26     Significant Accounting Policies (Tables)             XML    132K  
77: XML.R27     Other Events (Tables)                                XML    190K 
88: XML.R28     Information by Operating Segment (Tables)            XML    141K 
31: XML.R29     Investments (Tables)                                 XML    191K 
35: XML.R30     Intangible Assets (Tables)                           XML    159K 
48: XML.R31     Regulatory Assets (Net) (Tables)                     XML     77K 
59: XML.R32     Pension, Postretirement, Other Postemployment, and   XML    381K 
                Employee Savings Plan Benefits (Tables)                          
86: XML.R33     Credit Facilities and Short-term Borrowings          XML     90K 
                (Tables)                                                         
108: XML.R34     Capitalization (Tables)                              XML    172K  
29: XML.R35     Taxes (Tables)                                       XML    179K 
39: XML.R36     Leases (Tables)                                      XML     99K 
115: XML.R37     Commitments, Guarantees, and Contingencies           XML    109K  
                (Tables)                                                         
122: XML.R38     Derivatives and Fair Value Measurements (Tables)     XML    517K  
79: XML.R39     Stock-Based Compensation (Tables)                    XML    158K 
126: XML.R40     Merger and Acquisitions (Tables)                     XML     96K  
40: XML.R41     Related Party Transactions (Tables)                  XML     89K 
128: XML.R42     Quarterly Financial Data (Unaudited) (Tables)        XML    129K  
50: XML.R43     Schedule Ii - Valuation and Qualifying Accounts      XML    100K 
                (Tables)                                                         
26: XML.R44     Significant Accounting Policies (Details)            XML    531K 
49: XML.R45     Significant Accounting Policies (Details 2)          XML    243K 
103: XML.R46     Significant Accounting Policies (Details 3)          XML    320K  
121: XML.R47     Significant Accounting Policies (Details 4)          XML    210K  
68: XML.R48     Other Events (Details)                               XML   2.13M 
52: XML.R49     Other Events (Details 2)                             XML    605K 
85: XML.R50     Other Events (Details 3)                             XML    946K 
30: XML.R51     Other Events (Details 4)                             XML   2.75M 
90: XML.R52     Other Events (Details 5)                             XML    337K 
53: XML.R53     Other Events (Details 6)                             XML    380K 
37: XML.R54     Other Events (Details 7)                             XML    175K 
120: XML.R55     Information by Operating Segment (Details)           XML   4.64M  
117: XML.R56     Information by Operating Segment (Details 2)         XML     80K  
62: XML.R57     Investments (Details)                                XML    428K 
44: XML.R58     Investments (Details 2)                              XML    500K 
111: XML.R59     Investments (Details 3)                              XML    152K  
34: XML.R60     Investments (Details 4)                              XML    796K 
94: XML.R61     Investments (Details 5)                              XML    930K 
91: XML.R62     Investments (Details 6)                              XML    864K 
116: XML.R63     Intangible Assets (Details)                          XML    148K  
112: XML.R64     Intangible Assets (Details 2)                        XML    723K  
125: XML.R65     Intangible Assets (Details 3)                        XML    371K  
42: XML.R66     Regulatory Assets (Net) (Details)                    XML   1.72M 
61: XML.R67     Pension, Postretirement, Other Postemployment, and   XML    764K 
                Employee Savings Plan Benefits (Details)                         
83: XML.R68     Pension, Postretirement, Other Postemployment, and   XML    950K 
                Employee Savings Plan Benefits (Details 2)                       
72: XML.R69     Pension, Postretirement, Other Postemployment, and   XML    682K 
                Employee Savings Plan Benefits (Details 3)                       
84: XML.R70     Pension, Postretirement, Other Postemployment, and   XML    415K 
                Employee Savings Plan Benefits (Details 4)                       
127: XML.R71     Pension, Postretirement, Other Postemployment, and   XML   1.59M  
                Employee Savings Plan Benefits (Details 5)                       
43: XML.R72     Pension, Postretirement, Other Postemployment, and   XML    950K 
                Employee Savings Plan Benefits (Details 6)                       
51: XML.R73     Pension, Postretirement, Other Postemployment, and   XML    806K 
                Employee Savings Plan Benefits (Details 7)                       
47: XML.R74     Credit Facilities and Short-term Borrowings          XML    686K 
                (Details)                                                        
80: XML.R75     Capitalization (Details)                             XML   1.53M 
89: XML.R76     Capitalization (Details 2)                           XML   1.02M 
76: XML.R77     Capitalization (Details 3)                           XML   1.62M 
69: XML.R78     Capitalization (Details 4)                           XML    547K 
41: XML.R79     Capitalization (Details 5)                           XML    808K 
27: XML.R80     Taxes (Details)                                      XML    414K 
81: XML.R81     Taxes (Details 2)                                    XML    620K 
60: XML.R82     Leases (Details)                                     XML    783K 
75: XML.R83     Commitments, Guarantees, and Contingencies           XML    362K 
                (Details)                                                        
102: XML.R84     Commitments, Guarantees, and Contingencies           XML    236K  
                (Details 2)                                                      
97: XML.R85     Commitments, Guarantees, and Contingencies           XML    901K 
                (Details 3)                                                      
56: XML.R86     Derivatives and Fair Value Measurements (Details)    XML    936K 
106: XML.R87     Derivatives and Fair Value Measurements (Details     XML   1.90M  
                2)                                                               
95: XML.R88     Derivatives and Fair Value Measurements (Details     XML   2.21M 
                3)                                                               
46: XML.R89     Derivatives and Fair Value Measurements (Details     XML    149K 
                4)                                                               
67: XML.R90     Derivatives and Fair Value Measurements (Details     XML   1.48M 
                5)                                                               
96: XML.R91     Derivatives and Fair Value Measurements (Details     XML    645K 
                6)                                                               
54: XML.R92     Derivatives and Fair Value Measurements (Details     XML    265K 
                7)                                                               
110: XML.R93     Stock-Based Compensation (Details)                   XML    533K  
58: XML.R94     Stock-Based Compensation (Details 2)                 XML    714K 
101: XML.R95     Stock-Based Compensation (Details 3)                 XML    506K  
82: XML.R96     Merger and Acquisitions (Details)                    XML   1.25M 
28: XML.R97     Related Party Transactions (Details)                 XML   1.22M 
57: XML.R98     Quarterly Financial Data (Unaudited) (Details)       XML    620K 
105: XML.R99     Quarterly Financial Data (Unaudited) (Details 2)     XML   2.03M  
36: XML.R100    Schedule Ii - Valuation and Qualifying Accounts      XML    469K 
                (Details)                                                        
78: XML.R101    Document and Entity Information                      XML    225K 
119: EXCEL       IDEA Workbook of Financial Reports (.xls)            XLS   4.16M  
19: EX-101.INS  XBRL Instance -- ceg-20101231                        XML   6.52M 
21: EX-101.CAL  XBRL Calculations -- ceg-20101231_cal                XML    604K 
24: EX-101.DEF  XBRL Definitions -- ceg-20101231_def                 XML   3.12M 
22: EX-101.LAB  XBRL Labels -- ceg-20101231_lab                      XML   8.01M 
23: EX-101.PRE  XBRL Presentations -- ceg-20101231_pre               XML   3.62M 
20: EX-101.SCH  XBRL Schema -- ceg-20101231                          XSD    842K 
65: ZIP         XBRL Zipped Folder -- 0001047469-11-001579-xbrl      Zip    770K

‘XML.R20’   —   Stock-Based Compensation

This Financial Report is an XBRL XML File.

                                                                                                                                                                                
<?xml version="1.0" encoding="windows-1252"?>
<InstanceReport xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:xsd="http://www.w3.org/2001/XMLSchema">
<Version> 2.2.0.25 </Version>
<hasSegments> false </hasSegments>
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<ReportLongName> 1140 - Disclosure - Stock-Based Compensation </ReportLongName>
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<MCU>
<KeyName> 1/1/2010 - 12/31/2010 USD ($) USD ($) / shares </KeyName>
<CurrencySymbol> $ </CurrencySymbol>
<contextRef>
<ContextID> D2010 </ContextID>
<EntitySchema> http://www.sec.gov/CIK </EntitySchema>
<EntityValue> 0001004440 </EntityValue>
<PeriodDisplayName/>
<PeriodType> duration </PeriodType>
<PeriodStartDate> 2010-01-01T00:00:00 </PeriodStartDate>
<PeriodEndDate> 2010-12-31T00:00:00 </PeriodEndDate>
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<MeasureNamespace> xbrli </MeasureNamespace>
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<UnitID> USDPerShare </UnitID>
<UnitType> Divide </UnitType>
<NumeratorMeasure>
<MeasureSchema> http://www.xbrl.org/2003/iso4217 </MeasureSchema>
<MeasureValue> USD </MeasureValue>
<MeasureNamespace> iso4217 </MeasureNamespace>
</NumeratorMeasure>
<DenominatorMeasure>
<MeasureSchema> http://www.xbrl.org/2003/instance </MeasureSchema>
<MeasureValue> shares </MeasureValue>
<MeasureNamespace> xbrli </MeasureNamespace>
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<Scale> 0 </Scale>
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<UnitProperty>
<UnitID> Shares </UnitID>
<UnitType> Standard </UnitType>
<StandardMeasure>
<MeasureSchema> http://www.xbrl.org/2003/instance </MeasureSchema>
<MeasureValue> shares </MeasureValue>
<MeasureNamespace> xbrli </MeasureNamespace>
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<Scale> 0 </Scale>
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</UPS>
<CurrencyCode> USD </CurrencyCode>
<OriginalCurrencyCode> USD </OriginalCurrencyCode>
</MCU>
<CurrencySymbol> $ </CurrencySymbol>
<Labels>
<Label Id="1" Label="12 Months Ended"/>
<Label Id="2" Label="Dec. 31, 2010"/>
</Labels>
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<ElementName> ceg_StockBasedCompensationDisclosureAbstract </ElementName>
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<table style="font-size:10pt; font-family:'Times New Roman',times,serif;"> <tr> <td> <table style="FONT-SIZE: 10pt; FONT-FAMILY: 'Times New Roman',times,serif"> <tr> <td> <p style="FONT-FAMILY: times"><font size="6"><b>14  Stock-Based Compensation </b></font></p> <p style="FONT-FAMILY: times"><font size="2">Under our long-term incentive plans, we grant stock options, performance and service-based restricted stock, performance- and service-based units, stock units, deferred cash and equity to officers, key employees, and members of the Board of Directors. In May 2010, shareholders approved Constellation Energy's Amended and Restated 2007 Long-Term Incentive Plan, including an increase in the number of shares available for issuance by 9,000,000. Any shares covered by an outstanding award under any of our long-term incentive plans that are forfeited or cancelled, expire or are settled in cash will become available for issuance under the Amended and Restated 2007 Long-Term Incentive Plan. At December 31, 2010, there were 12,818,160 shares available for issuance under the 2007 Long-Term Incentive Plan. At December 31, 2010, we had stock options, restricted stock, performance units and equity grants outstanding as discussed below. We may issue new shares, reuse forfeited shares, or buy shares in the market in order to deliver shares to employees for our equity grants. BGE officers and key employees participate in our stock-based compensation plans. The expense recognized by BGE in 2010, 2009, and 2008 was not material to BGE's financial results. </font></p> <p style="FONT-FAMILY: times"><font size="1"><b><!-- COMMAND=ADD_TF,"font-family:ARIAL;font-size:8pt;" --><font style="FONT-SIZE: 8pt; FONT-FAMILY: ARIAL">Non-Qualified Stock Options </font><!-- COMMAND=ADD_ETF,"A" --></b></font></p> <p style="FONT-FAMILY: times"><font size="2">Options are granted with an exercise price equal to the market value of the common stock at the date of grant, become vested over a period up to three years (expense recognized in tranches), and expire ten years from the date of grant. </font></p> <p style="FONT-FAMILY: times"><font size="2">        The fair value of our stock-based awards was estimated as of the date of grant using the Black-Scholes option pricing model based on the following weighted- average assumptions:</font></p> <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative"> <p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p> <!-- User-specified TAGGED TABLE --> <div align="center"> <table cellspacing="0" cellpadding="0" width="100%" border="0"> <tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET --> <td style="FONT-FAMILY: times" align="left"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="28"></td> <td style="FONT-FAMILY: times" width="14"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="27"></td> <td style="FONT-FAMILY: times" width="14"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="27"></td> <td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="center"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>2010</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>2009</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>2008</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="bottom"> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="10"> </th> <th style="FONT-FAMILY: times"> </th></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Risk-free interest rate</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"><b>1.87</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"><b>%</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1.95</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2.57</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Expected life (in years)</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"><b>4.0</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.0</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.0</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Expected market price volatility factor</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"><b>32.5</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"><b>%</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">37.8</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">25.8</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Expected dividend yield</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"><b>2.74</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"><b>%</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.83</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">1.85</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">%</font></td></tr></table></div> <!-- end of user-specified TAGGED TABLE --></div> <p style="FONT-FAMILY: times"><font size="2">        We use the historical data related to stock option exercises in order to estimate the expected life of our stock options. We also use historical data (measured on a daily basis) for a period equal to the duration of the expected life of option awards, information on the volatility of an identified group of peer companies, and implied volatilities for certain publicly traded options in Constellation Energy common stock in order to estimate the volatility factor. We believe that the use of this data to estimate these factors provides a reasonable basis for our assumptions. The risk-free interest rate for the periods within the expected life of the option is based on the U.S Treasury yield curve in effect and the expected dividend yield is based on our current estimate for dividend payout at the time of grant. </font></p> <p style="FONT-FAMILY: times"><font size="2">        Summarized information for our stock option grants is as follows: </font></p> <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 62%; PADDING-TOP: 0pt; POSITION: relative"> <p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"130%" --></font></p> <!-- User-specified TAGGED TABLE --> <div align="center"> <table cellspacing="0" cellpadding="0" width="130%" border="0"> <tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET --> <td style="FONT-FAMILY: times" align="left" width="10"></td> <td style="FONT-FAMILY: times" align="left"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="35"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="70"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="34"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="67"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="34"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="67"></td> <td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="5"><font size="2"><b>2010</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="5"><font size="2"><b>2009</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="5"><font size="2"><b>2008</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left" colspan="2"> <br /></th> <th style="FONT-FAMILY: times"> </th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="17"> </th> <th style="FONT-FAMILY: times"> </th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>Shares</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>Weighted-<br /> Average<br /> Exercise Price</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>Shares</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>Weighted-<br /> Average<br /> Exercise Price</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>Shares</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>Weighted-<br /> Average<br /> Exercise Price</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="bottom"> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="20"> </th> <th style="FONT-FAMILY: times"> </th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="17"><font size="2"><i>(Shares in thousands)</i></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Outstanding, beginning of year</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>8,146</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"><b>$</b></font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>44.36</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">6,058</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">59.99</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">6,145</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">55.90</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="white"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Granted with exercise prices at fair market value</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>1,468</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>35.07</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">3,511</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">20.14</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">1,434</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">93.79</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Exercised</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>(235</b></font></td> <td style="FONT-FAMILY: times"><font size="2"><b>)</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>23.53</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">(83</font></td> <td style="FONT-FAMILY: times"><font size="2">)</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">31.07</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">(375</font></td> <td style="FONT-FAMILY: times"><font size="2">)</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">47.02</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="white"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Forfeited/expired</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>(309</b></font></td> <td style="FONT-FAMILY: times"><font size="2"><b>)</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>43.41</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">(1,340</font></td> <td style="FONT-FAMILY: times"><font size="2">)</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">52.41</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">(1,146</font></td> <td style="FONT-FAMILY: times"><font size="2">)</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">84.59</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" colspan="20"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Outstanding, end of year</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>9,070</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"><b>$</b></font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>43.43</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">8,146</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">44.36</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">6,058</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">59.99</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" colspan="20"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="white"> <td style="FONT-FAMILY: times" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Exercisable, end of year</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>5,316</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"><b>$</b></font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>52.65</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">4,114</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">55.81</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">4,665</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">52.13</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" colspan="20"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Weighted-average fair value per share of options granted with exercise prices at fair market value</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"><b>$</b></font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>7.60</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">4.24</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">18.75</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" colspan="20"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div> <!-- end of user-specified TAGGED TABLE --></div> <p style="FONT-FAMILY: times"><font size="2">        The following table summarizes additional information about stock options during 2010, 2009 and 2008: </font></p> <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative"> <p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p> <!-- User-specified TAGGED TABLE --> <div align="center"> <table cellspacing="0" cellpadding="0" width="100%" border="0"> <tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET --> <td style="FONT-FAMILY: times" align="left" width="10"></td> <td style="FONT-FAMILY: times" align="left"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="31"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="30"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="30"></td> <td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>2010</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>2009</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>2008</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="bottom"> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"> </th> <th style="FONT-FAMILY: times"> </th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="8"><font size="2"><i>(In millions)</i></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" valign="bottom" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Stock Option Expense Recognized</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"><b>$</b></font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"><b>9.9</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">14.2</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">11.0</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: times" valign="bottom" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Stock Options Exercised:</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Cash Received for Exercise Price</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"><b>5.5</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2.6</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">20.2</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Intrinsic Value Realized by Employee</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"><b>2.7</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.2</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">14.1</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Realized Tax Benefit</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"><b>1.1</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">0.1</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5.7</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: times" valign="bottom" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Fair Value of Options that Vested</font></p></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"><b>54.4</b></font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">11.0</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">98.3</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr></table></div> <!-- end of user-specified TAGGED TABLE --></div> <p style="FONT-FAMILY: times"><font size="2">        As of December 31, 2010, we had $3.8 million of unrecognized compensation cost related to the unvested portion of outstanding stock option awards, of which $2.8 million is expected to be recognized during 2011. </font></p> <p style="FONT-FAMILY: times"><font size="2">        The following table summarizes additional information about stock options outstanding at December 31, 2010 (stock options in thousands): </font></p> <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative"> <p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p> <!-- User-specified TAGGED TABLE --> <div align="center"> <table cellspacing="0" cellpadding="0" width="100%" border="0"> <tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET --> <td style="FONT-FAMILY: times" align="right" width="4"></td> <td style="FONT-FAMILY: times" align="right" width="56"></td> <td style="FONT-FAMILY: times" width="11%"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="35"></td> <td style="FONT-FAMILY: times" width="11%"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="53"></td> <td style="FONT-FAMILY: times" width="11%"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="35"></td> <td style="FONT-FAMILY: times" width="11%"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="53"></td> <td style="FONT-FAMILY: times" width="11%"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="50"></td> <td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times" rowspan="2"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5" rowspan="2"><font size="1">Outstanding </font></th> <th style="FONT-FAMILY: times" rowspan="2"><font size="1"> </font></th> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="5" rowspan="2"><font size="1">Exercisable </font></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th> <th style="FONT-FAMILY: times" rowspan="2"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2" rowspan="2"><font size="1">Weighted-<br /> Average<br /> Remaining<br /> Contractual<br /> Life</font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="1">Range of<br /> Exercise<br /> Prices</font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="1">Stock<br /> Options</font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="1">Aggregate<br /> Intrinsic<br /> Value</font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="1">Stock<br /> Options</font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="1">Aggregate<br /> Intrinsic<br /> Value</font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="bottom"> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="17"> </th> <th style="FONT-FAMILY: times"> </th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="1"><i>(In millions)</i></font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="1"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="1"><i>(In millions)</i></font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="1"><i>(In years)</i></font><br /></th> <th style="FONT-FAMILY: times"><font size="1"> </font></th></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">$  0 – $  20</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,896</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">31.9</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">871</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9.6</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">8.2</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">$20 – $  40</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,422</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">930</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6.8</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">$40 – $  60</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,245</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">2,245</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">4.7</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">$60 – $  80</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">762</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">762</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">6.2</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">$80 – $100</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">745</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">508</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">—</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">7.1</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="right" colspan="17"> </td> <td style="FONT-FAMILY: times"> </td></tr> <tr style="HEIGHT: 0px" valign="top" bgcolor="white"> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9,070</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">31.9</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">5,316</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">$</font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2">9.6</font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom" align="right"><font size="2"> </font></td> <td style="FONT-FAMILY: times" valign="bottom"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="FONT-FAMILY: times"> </td> <td style="FONT-FAMILY: times" align="right"> </td> <td style="FONT-FAMILY: times"> </td> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" align="right" colspan="11"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td> <td style="FONT-FAMILY: times" valign="bottom" align="right"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div> <!-- end of user-specified TAGGED TABLE --></div> <p style="FONT-FAMILY: times"><font size="1"><b><!-- COMMAND=ADD_TF,"font-family:ARIAL;font-size:8pt;" --><font style="FONT-SIZE: 8pt; FONT-FAMILY: ARIAL">Restricted Stock Awards </font><!-- COMMAND=ADD_ETF,"A" --></b></font></p> <p style="FONT-FAMILY: times"><font size="2">In addition to stock options, we issue service-based common stock that vests over periods ranging from one to five years and fully vested common stock units with sales restrictions ranging from approximately 10 months to 5 years. We account for these awards as equity awards, whereby we recognize the value of the market price of the underlying stock on the date of grant as compensation expense immediately for fully vested common stock units with sales restrictions or over the service period either ratably or in tranches (depending if the award has cliff or graded vesting) for service-based common stock. </font></p> <p style="FONT-FAMILY: times"><font size="2">        We recorded compensation expense related to our restricted stock awards of $9.5 million in 2010, $16.7 million in 2009, and $35.3 million in 2008. The tax benefits received associated with our restricted awards were $10.0 million in 2010, $6.7 million in 2009, and $20.1 million in 2008. </font></p> <p style="FONT-FAMILY: times"><font size="2">        Summarized share information for our restricted stock awards is as follows: </font></p> <div style="PADDING-RIGHT: 0pt; PADDING-LEFT: 0pt; PADDING-BOTTOM: 0pt; MARGIN-LEFT: 10%; WIDTH: 80%; PADDING-TOP: 0pt; POSITION: relative"> <p style="FONT-FAMILY: times"><font size="2"><!-- COMMAND=ADD_TABLEWIDTH,"100%" --></font></p> <!-- User-specified TAGGED TABLE --> <div align="center"> <table cellspacing="0" cellpadding="0" width="100%" border="0"> <tr style="HEIGHT: 0px"><!-- TABLE COLUMN WIDTHS SET --> <td style="FONT-FAMILY: times" align="left" width="10"></td> <td style="FONT-FAMILY: times" align="left"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="37"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="36"></td> <td style="FONT-FAMILY: times" width="12"></td> <td style="FONT-FAMILY: times" align="right" width="6"></td> <td style="FONT-FAMILY: times" width="36"></td> <td style="FONT-FAMILY: times" width="12"></td><!-- TABLE COLUMN WIDTHS END --></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>2010</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>2009</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="2"><font size="2"><b>2008</b></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="bottom"> <th style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" align="center" colspan="11"> </th> <th style="FONT-FAMILY: times"> </th></tr> <tr style="HEIGHT: 0px" valign="bottom"> <th style="FONT-FAMILY: times" align="left" colspan="2"><font size="2"> </font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th> <th style="FONT-FAMILY: times" align="center" colspan="8"><font size="2"><i>(Shares in thousands)</i></font><br /></th> <th style="FONT-FAMILY: times"><font size="2"> </font></th></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Outstanding, beginning of year</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>1,017</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">1,033</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">1,322</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="white"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Granted</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>832</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">866</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">365</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Released to participants</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>(713</b></font></td> <td style="FONT-FAMILY: times"><font size="2"><b>)</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">(701</font></td> <td style="FONT-FAMILY: times"><font size="2">)</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">(536</font></td> <td style="FONT-FAMILY: times"><font size="2">)</font></td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="white"> <td style="FONT-FAMILY: times"><font size="0"> </font></td> <td style="FONT-FAMILY: times"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Canceled</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>(56</b></font></td> <td style="FONT-FAMILY: times"><font size="2"><b>)</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">(181</font></td> <td style="FONT-FAMILY: times"><font size="2">)</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">(118</font></td> <td style="FONT-FAMILY: times"><font size="2">)</font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="BORDER-BOTTOM: #000000 1pt solid; FONT-FAMILY: times" valign="bottom" colspan="11"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Outstanding, end of year</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>1,080</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">1,017</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">1,033</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" colspan="11"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="white"> <td style="FONT-FAMILY: times" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Weighted-average fair value of restricted stock granted (per share)</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"><b>$</b></font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>34.83</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">19.83</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">94.62</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" colspan="11"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td></tr> <tr style="HEIGHT: 0px" valign="bottom" bgcolor="#CCEEFF"> <td style="FONT-FAMILY: times" colspan="2"> <p style="MARGIN-LEFT: 10pt; TEXT-INDENT: -10pt; FONT-FAMILY: times"><font size="2">Total fair value of shares for which restriction has lapsed (in millions)</font></p></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2"><b>$</b></font></td> <td style="FONT-FAMILY: times" align="right"><font size="2"><b>24.9</b></font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">16.5</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td> <td style="FONT-FAMILY: times"><font size="2">$</font></td> <td style="FONT-FAMILY: times" align="right"><font size="2">49.7</font></td> <td style="FONT-FAMILY: times"><font size="2"> </font></td></tr> <tr style="FONT-SIZE: 1.5pt; HEIGHT: 0px" valign="top"> <td style="BORDER-BOTTOM: #000000 2.25pt double; FONT-FAMILY: times" valign="bottom" colspan="11"> </td> <td style="FONT-FAMILY: times" valign="bottom"> </td></tr></table></div> <!-- end of user-specified TAGGED TABLE --></div> <p style="FONT-FAMILY: times"><font size="2">        As of December 31, 2010, we had $8.6 million of unrecognized compensation cost related to the unvested portion of outstanding restricted stock awards expected to be recognized within a 43-month period. At December 31, 2010, we have recorded in "Common shareholders' equity" approximately $18.6 million and approximately $37.4 million at December 31, 2009 for the unvested portion of service-based restricted stock granted from 2008 until 2010 to officers and other employees that is contingently redeemable in cash upon a change in control. </font></p> <p style="FONT-FAMILY: times"><font size="1"><b><!-- COMMAND=ADD_TF,"font-family:ARIAL;font-size:8pt;" --><font style="FONT-SIZE: 8pt; FONT-FAMILY: ARIAL">Performance-Based Units </font><!-- COMMAND=ADD_ETF,"A" --></b></font></p> <p style="FONT-FAMILY: times"><font size="2">We recognize compensation expense ratably for our performance-based awards, which are classified as liability awards, for which the fair value of the award is remeasured at each reporting period. Each unit is equivalent to $1 in value and cliff vests at the end of a three-year service and performance period. The level of payout is based on the achievement of certain performance goals at the end of the three-year period and will be settled in cash. We recognized compensation expense of $6.2 million in 2010, compensation expense of $1.5 million in 2009, and a reduction of expense of $3.2 million in 2008 for these awards. During the 12 months ended December 31, 2010, no performance-based unit awards vested. During the 12 months ended December 31, 2009, no performance-based unit awards vested. During the 12 months ended December 31, 2008, our 2005 performance-based unit award vested and we paid $24.2 million in cash to settle the award. As of December 31, 2010, we had $11.8 million of unrecognized compensation cost related to the unvested portion of outstanding performance-based unit awards expected to be recognized within a 26-month period. </font></p> <p style="FONT-FAMILY: times"><font size="1"><b><!-- COMMAND=ADD_TF,"font-family:ARIAL;font-size:8pt;" --><font style="FONT-SIZE: 8pt; FONT-FAMILY: ARIAL">Equity-Based Grants </font><!-- COMMAND=ADD_ETF,"A" --></b></font></p> <p style="FONT-FAMILY: times"><font size="2">We recorded compensation expense of $0.8 million in 2010, $0.9 million in 2009, and $0.9 million in 2008 related to equity-based grants to members of the Board of Directors.</font></p></td></tr></table></td></tr></table>
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<NonNumericTextHeader> 14  Stock-Based Compensation Under our long-term incentive plans, we grant stock options, performance and service-based restricted stock, </NonNumericTextHeader>
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3 Subsequent Filings that Reference this Filing

  As Of               Filer                 Filing    For·On·As Docs:Size             Issuer                      Filing Agent

 2/24/21  Exelon Corp.                      10-K       12/31/20  310:85M
 4/27/11  SEC                               UPLOAD10/06/17    1:46K  Baltimore Gas & Electric Co.
 4/05/11  SEC                               UPLOAD10/06/17    1:60K  Baltimore Gas & Electric Co.
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