Rendering

Component: (Network and Table)
Network
2319301 - Disclosure - Capital Stock (Tables)
(http://www.antheminc.com/role/CapitalStockTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Capital [Abstract]Period [Axis]
2016-01-01 - 2016-12-31
Capital [Abstract]
 
Summary of Stock Option Activity
A summary of stock option activity for the year ended December 31, 2016 is as follows:
 
Number of
Shares
 
Weighted-Average
Option Price per
Share
 
Weighted-Average
Remaining
Contractual Life
(Years)
 
Aggregate
Intrinsic
Value
Outstanding at January 1, 2016
6.0

 
$
87.23

 
 
 
 
Granted
1.4

 
131.84

 
 
 
 
Exercised
(1.5
)
 
64.39

 
 
 
 
Forfeited or expired
(0.3
)
 
118.58

 
 
 
 
Outstanding at December 31, 2016
5.6

 
102.80

 
5.19
 
$
234.0

Exercisable at December 31, 2016
3.7

 
88.04

 
3.62
 
$
207.8

 
 
Summary of Nonvested Restricted Stock Activity Including Restricted Stock Units
A summary of the status of nonvested restricted stock activity, including restricted stock units, for the year ended December 31, 2016 is as follows:
 
Restricted
Stock Shares
and Units
 
Weighted-Average
Grant Date
Fair Value
per Share
Nonvested at January 1, 2016
2.7

 
$
101.66

Granted
1.1

 
131.81

Vested
(1.4
)
 
82.26

Forfeited
(0.3
)
 
119.94

Nonvested at December 31, 2016
2.1

 
127.68

 
 
Summary of Weighted-Average Assumptions Used to Estimate the Fair Values of Options Granted During the Periods
The following weighted-average assumptions were used to estimate the fair values of options granted during the years ended December 31:
 
2016
 
2015
 
2014
Risk-free interest rate
1.76
%
 
1.96
%
 
2.16
%
Volatility factor
32.00
%
 
31.00
%
 
35.00
%
Dividend yield (annual)
2.00
%
 
1.70
%
 
2.00
%
Weighted-average expected life (years)
4.10

 
4.00

 
3.75

 
 
Schedule of Weighted-Average Fair Values Determined For the Periods
The following weighted-average fair values were determined for the years ending December 31:
 
2016
 
2015
 
2014
Options granted during the year
$
30.56

 
$
33.97

 
$
22.41

Restricted stock awards granted during the year
131.81

 
147.00

 
90.53

 
 
Summary of Cash Dividend Activity
A summary of the cash dividend activity for the years ended December 31, 2016 and 2015 is as follows: 
Declaration Date
 
Record Date
 
Payment Date
 
Cash Dividend per
Share
 
Total
Year ended December 31, 2016
 
 
 
 
 
 
February 18, 2016
 
March 10, 2016
 
March 25, 2016
 
$
0.6500

 
$
170.7

April 26, 2016
 
June 10, 2016
 
June 24, 2016
 
0.6500

 
170.9

July 26, 2016

September 9, 2016

September 26, 2016
 
0.6500

 
171.1

November 1, 2016
 
December 5, 2016
 
December 21, 2016
 
0.6500

 
171.3

 
 
 
 
 
 
 
 
 
Year ended December 31, 2015
 
 
 
 
 
 
January 27, 2015
 
March 10, 2015
 
March 25, 2015
 
$
0.6250

 
$
166.6

April 28, 2015
 
June 10, 2015
 
June 25, 2015
 
0.6250

 
163.9

July 28, 2015
 
September 10, 2015
 
September 25, 2015
 
0.6250

 
163.0

October 27, 2015
 
December 4, 2015
 
December 21, 2015
 
0.6250

 
163.1

 
 
Summary of Share Repurchases
A summary of common stock repurchases for the year ended December 31, 2015 is as follows:
 
2015
Shares repurchased
10.4

Average price per share
$
145.50

Aggregate cost
$
1,515.8

Authorization remaining at end of year
$
4,175.9