Annual cash incentive awards  — Our 2012 Omnibus Incentive Plan provides for cash incentive awards.  We make awards  annually to certain eligible employees designated by Dana, including certain executive of ficers. Awards under the plan are  based on achieving certain financial tar get performance goals. The performance goals of the plan are established annually by  the Board of Directors. Under the 2014, 2013 and 2012 programs, participants were eligible to receive annual cash awards based on achieving  earnings and cash flow performance goals, with our 2013 program also including a component based on reduction of inventory  days. Our long-term incentive programs include a performance-based cash award that consists of  three individual annual  awards with the related annual performance objectives established at the beginning of each year . Amounts earned under the  three individual annual awards of the 2014, 2013 and 2012 long-term incentive programs clif f vest at the end of the respective  three year periods covered by the long-term incentive programs. Our 2014, 2013 and 2012 long-term incentive programs  included a cash-settled component which provided for payment if we achieved a certain return on invested capital.  We accrued  $44, $47 and $40 of expense in 2014, 2013 and 2012 for the expected cash payments under these programs. We sponsor various defined benefit, qualified and nonqualified, pension plans covering eligible employees. Other  postretirement benefits (OPEB), including medical and life insurance, are provided for certain employees upon retirement. We also sponsor various defined contribution plans that cover the majority of our employees. Under the terms of the  qualified defined contribution retirement plans, employee and employer contributions may be directed into a number of diverse  investments. None of these qualified defined contribution plans allow direct investment in our stock. Note 11. Pension and Postretirement Benefit Plans Equity Awards Outstanding Expected to Vest Equity Awards Outstanding That are Exercisable or Convertible Weighted-Average Weighted-Average Shares Aggregate Intrinsic Value Exercise Price Remaining Contractual Life in  Years Shares Aggregate Intrinsic Value Exercise Price Remaining Contractual Life in  Years Options / SARs 2.3 $ 16 $ 14.56 6.9 1.4 $ 12 $ 13.64 6.3 RSUs / PSUs 1.8 39 — 1.3 0.1 1 — 0.2 Outstanding awards expected to vest and exercisable or convertible at December 31, 2014  — (shares in millions) 61