Shareholders' Equity (Tables)

3 Months Ended

Oct. 02, 2015

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

Stock-Based Compensation Expense

The following table presents the Company's stock-based compensation and related tax benefit for the three months ended October 2, 2015 and October 3, 2014 (in millions):

	Three Months Ended				Three Months Ended
	October 2, 2015				October 3, 2014
	Expense		Tax Benefit		Expense		Tax Benefit
Options and ESPP	$	19	$	4	$	19	$	5
RSUs	23		6		20		5
Total	$	42	$	10	$	39	$	10

Stock Option Activity

The following table summarizes stock option activity under the Company’s stock option plans (in millions, except per share amounts and remaining contractual lives):

	Number of Shares		Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Life (in years)	Aggregate Intrinsic Value
Options outstanding at July 3, 2015	6.8		$	50.00
Granted	1.6		84.41
Exercised	(0.5	)	29.49
Forfeited or expired	(0.1	)	49.08
Options outstanding at October 2, 2015	7.8		$	58.58	4.7	$	201
Exercisable at October 2, 2015	3.6		$	41.37	3.4	$	149
Vested and expected to vest after October 2, 2015	7.6		$	57.89	4.7	$	201

Restricted Stock Unit Activity

The following table summarizes RSU activity under the Company's stock plans (in millions, except weighted average grant date fair value):

	Number of Shares		Weighted Average Grant-Date Fair Value
RSUs outstanding at July 3, 2015	3.0		$	73.80
Granted	1.2		84.39
Vested	(1.5	)	62.14
Forfeited	(0.1	)	81.55
RSUs outstanding at October 2, 2015	2.6		84.43
Expected to vest after October 2, 2015	2.5		$	84.24