Equity-Based Compensation

6 Months Ended

Apr. 02, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Compensation expense related to stock options, stock appreciation rights and restricted stock units (RSUs) is as follows:



	Quarter Ended				Six Months Ended
	April 2, 2016		March 28, 2015		April 2, 2016		March 28, 2015
Stock options/rights ⁽¹⁾	$	23	$	27	$	46	$	52
RSUs	76		83		159		162
Total equity-based compensation expense ⁽²⁾	$	99	$	110	$	205	$	214
Equity-based compensation expense capitalized during the period	$	19	$	14	$	34	$	29


⁽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. During the quarter and six months ended April 2, 2016, amortization of previously capitalized equity-based compensation totaled $17 million and $34 million, respectively. During the quarter and six months ended March 28, 2015, amortization of previously capitalized equity-based compensation totaled $9 million and $18 million, respectively.

Unrecognized compensation cost related to unvested stock options/rights and RSUs totaled approximately $199 million and $697 million, respectively, as of April 2, 2016.

The weighted average grant date fair values of options issued during the six months ended April 2, 2016 and March 28, 2015 were $31.16 and $22.64, respectively.

During the six months ended April 2, 2016, the Company made equity compensation grants consisting of 3.8 million stock options and 3.2 million RSUs.