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Equity-Based Compensation
 9 Months Ended
Jun. 30, 2012
Equity-Based Compensation
10. Equity-Based Compensation

The amount of compensation expense related to stock options, stock appreciation rights and restricted stock units (RSUs) is as follows:

 

     Quarter Ended      Nine Months Ended  
     June 30,
2012		      July 2,
2011		      June 30,
2012		      July 2,
2011		  

Stock options/rights (1)

    $ 29       $ 29       $ 89       $ 104   

RSUs

      77         70         234         216   
  

 

 

     

 

 

     

 

 

     

 

 

  

Total equity-based compensation expense (2)

    $ 106       $ 99       $ 323       $ 320   
  

 

 

     

 

 

     

 

 

     

 

 

  

Equity-based compensation expense capitalized during the period

    $ 15       $ 16       $ 42       $ 50   
  

 

 

     

 

 

     

 

 

     

 

 

  

 

(1) 

Includes stock appreciation rights issued in connection with acquisition of Playdom
(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 nine months ended June 30, 2012, amortization of previously capitalized equity-based compensation totaled $15 million and $39 million, respectively. During the quarter and nine months ended July 2, 2011, amortization of previously capitalized equity-based compensation totaled $8 million and $43 million, respectively.

Unrecognized compensation cost related to unvested stock options/rights and RSUs totaled approximately $190 million and $663 million, respectively, as of June 30, 2012.

The weighted average grant date fair values of options issued during the nine months ended June 30, 2012 and July 2, 2011 were $10.65 and $10.97, respectively.

During the nine months ended June 30, 2012, the Company made equity compensation grants totaling 19.8 million units, which included its regular annual grant issued in January, 2012, consisting of 9.8 million stock options and 8.6 million RSUs, of which 0.5 million RSUs included market and performance conditions.

In March 2012, shareholders of the Company approved an amendment to the 2011 Stock Incentive Plan, which increased the number of shares authorized to be awarded as grants by an incremental 15 million shares. Following this amendment, the maximum number of shares available for issuance (assuming all the awards are in the form of stock options) was approximately 131 million shares and the number available for issuance assuming all awards are in the form of RSUs was approximately 66 million shares.