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Equity-Based Compensation (Tables)
 12 Months Ended
Oct. 03, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Contractual Terms for Stock Option Grants
The following table summarizes contractual terms for our stock option grants: 
Grant dates
 
Contractual Term
Prior to January 2005
 
10 years
January 2005 through December 2009
 
7 years
After December 2009
 
10 years
Weighted Average Assumptions used in Option-Valuation Model
In fiscal years 2015, 2014 and 2013, the weighted average assumptions used in the option-valuation model were as follows:
 
2015
 
2014
 
2013
Risk-free interest rate
2.1
%
 
3.0
%
 
1.8
%
Expected volatility
24
%
 
25
%
 
26
%
Dividend yield
1.37
%
 
1.37
%
 
1.60
%
Termination rate
3.2
%
 
3.2
%
 
2.7
%
Exercise multiple
1.48

 
1.48

 
1.41
Impact of Stock Options/Rights and Restricted Stock Units on Income
The impact of stock options/rights and RSUs on income and cash flows for fiscal years 2015, 2014 and 2013, was as follows: 
 
2015
 
2014
 
2013
Stock option/rights compensation expense (1)
$
102

 
$
102

 
$
101

RSU compensation expense
309

 
312

 
311

Total equity-based compensation expense (2)
411

 
414

 
412

Tax impact
(134
)
 
(139
)
 
(139
)
Reduction in net income
$
277

 
$
275

 
$
273

Equity-based compensation expense capitalized during the period
$
57

 
$
49

 
$
58

Tax benefit reported in cash flow from financing activities
$
313

 
$
255

 
$
204

 
(1) 
Includes stock appreciation rights.
(2) 
Equity-based compensation expense is net of capitalized equity-based compensation and excludes amortization of previously capitalized equity-based compensation costs. Amortization of previously capitalized equity-based compensation totaled $39 million, $68 million and $65 million in fiscal years 2015, 2014 and 2013, respectively.
Information about Stock Option Transactions
The following table summarizes information about stock option transactions (shares in millions): 
 
2015
 
Shares
 
Weighted  
Average
Exercise Price
Outstanding at beginning of year
34

 
$
44.23

Awards forfeited
(1
)
 
59.19

Awards granted
5

 
92.37

Awards exercised
(9
)
 
35.84

Awards expired/cancelled
—

 
—

Outstanding at end of year
29

 
54.93

Exercisable at end of year
14

 
$
40.44
Information about Stock Options Vested and Expected to Vest
The following tables summarize information about stock options vested and expected to vest at October 3, 2015 (shares in millions): 
 
 
Vested
Range of Exercise Prices
 
Number of
Options
 
Weighted
Average
Exercise Price
 
Weighted 
Average
Remaining
Years of 
Contractual 
Life
$ 0   — $ 25
 
1

 
$
19.23

 
1.0
$ 26 — $ 35
 
3

 
29.67

 
3.0
$ 36 — $ 45
 
6

 
39.19

 
5.8
$ 46 — $ 95
 
4

 
56.84

 
7.5
 
 
14

 
 
 
 
 
 
 
Expected to Vest
Range of Exercise Prices
 
Number of
Options (1)
 
Weighted
Average
Exercise Price
 
Weighted 
Average
Remaining
Years of 
Contractual 
Life
$ 0   — $ 40
 
2

 
$
36.45

 
5.6
$ 41 — $ 60
 
4

 
51.13

 
7.3
$ 61 — $ 90
 
4

 
72.80

 
8.2
$ 91 — $ 115
 
4

 
92.38

 
9.2
 
 
14

 
 
 
 
 
(1) 
Number of options expected to vest is total unvested options less estimated forfeitures.
Information about Restricted Stock Unit Transactions
The following table summarizes information about RSU transactions (shares in millions): 
 
2015
 
Units
 
Weighted
Average
Grant-Date    
Fair Value
Unvested at beginning of year
16

 
$
53.17

Granted (1)
4

 
93.21

Vested
(7
)
 
49.54

Forfeited
(1
)
 
61.73

Unvested at end of year (2)
12

 
$
68.71


(1) Includes 0.2 million Performance RSUs.
(2) Includes 0.9 million Performance RSUs.