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Equity-Based Compensation (Tables)
 12 Months Ended
Oct. 01, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Weighted Average Assumptions used in Option-Valuation Model
In fiscal years 2016, 2015 and 2014, the weighted average assumptions used in the option-valuation model were as follows:
 
2016
 
2015
 
2014
Risk-free interest rate
2.3
%
 
2.1
%
 
3.0
%
Expected volatility
26
%
 
24
%
 
25
%
Dividend yield
1.32
%
 
1.37
%
 
1.37
%
Termination rate
4.0
%
 
3.2
%
 
3.2
%
Exercise multiple
1.62

 
1.48

 
1.48
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 2016, 2015 and 2014, was as follows: 
 
2016
 
2015
 
2014
Stock option/rights compensation expense (1)
$
93

 
$
102

 
$
102

RSU compensation expense
293

 
309

 
312

Total equity-based compensation expense (2)
386

 
411

 
414

Tax impact
(131
)
 
(134
)
 
(139
)
Reduction in net income
$
255

 
$
277

 
$
275

Equity-based compensation expense capitalized during the period
$
78

 
$
57

 
$
49

Tax benefit reported in cash flow from financing activities
$
208

 
$
313

 
$
255

(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.
Information about Stock Option Transactions
The following table summarizes information about stock option transactions (shares in millions): 
 
2016
 
Shares
 
Weighted  
Average
Exercise Price
Outstanding at beginning of year
29

 
$
54.93

Awards forfeited
(1
)
 
91.27

Awards granted
4

 
112.69

Awards exercised
(7
)
 
39.13

Awards expired/canceled
—

 
—

Outstanding at end of year
25

 
66.91

Exercisable at end of year
14

 
$
49.65
Information about Stock Options Vested and Expected to Vest
The following tables summarize information about stock options vested and expected to vest at October 1, 2016 (shares in millions): 
 
 
Vested
Range of Exercise Prices
 
Number of
Options
 
Weighted
Average
Exercise Price
 
Weighted 
Average
Remaining
Years of 
Contractual 
Life
$ 0   — $ 35
 
2

 
$
30.44

 
3.2
$ 36 — $ 45
 
6

 
39.10

 
4.9
$ 46 — $ 90
 
5

 
58.20

 
6.6
$ 91 — $ 115
 
1

 
92.40

 
8.2
 
 
14

 
 
 
 
 
 
 
Expected to Vest
Range of Exercise Prices
 
Number of
Options (1)
 
Weighted
Average
Exercise Price
 
Weighted 
Average
Remaining
Years of 
Contractual 
Life
$ 0   — $ 55
 
2

 
$
50.97

 
6.3
$ 56 — $ 75
 
3

 
72.50

 
7.2
$ 76 — $ 95
 
3

 
92.09

 
8.2
$ 96 — $ 115
 
3

 
113.06

 
9.2
 
 
11

 
 
 
 
(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): 
 
2016
 
Units
 
Weighted
Average
Grant-Date    
Fair Value
Unvested at beginning of year
12

 
$
68.71

Granted (1)
4

 
112.49

Vested
(5
)
 
58.51

Forfeited
(1
)
 
88.77

Unvested at end of year (2)
10

 
$
88.84

(1) Includes 0.2 million Performance RSUs.
(2) Includes 0.7 million Performance RSUs.