XML 43 R30.htm IDEA: XBRL DOCUMENT v3.7.0.1
Shareholders' Equity (Tables)
 9 Months Ended
Mar. 31, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award [Table Text Block]
The following tables present the Company’s stock-based compensation for equity-settled awards and related tax benefit by type and financial statement line included in the Company’s condensed consolidated statements of operations:
 
Three Months Ended
 
Nine Months Ended
 
March 31,
2017
 
April 1,
2016
 
March 31,
2017
 
April 1,
2016
 
(in millions)
Options
$
10

 
$
16

 
$
33

 
$
42

Employee stock purchase plan
7

 
3

 
16

 
9

Restricted and performance stock units
85

 
23

 
254

 
70

Subtotal
102

 
42

 
303

 
121

Tax benefit
(26
)
 
(11
)
 
(80
)
 
(31
)
Total
$
76

 
$
31

 
$
223

 
$
90


 
Three Months Ended
 
Nine Months Ended
 
March 31,
2017
 
April 1,
2016
 
March 31,
2017
 
April 1,
2016
 
(in millions)
Cost of revenue
$
13

 
$
4

 
$
37

 
$
13

Research and development
45

 
17

 
132

 
46

Selling, general, and administrative
40

 
15

 
125

 
53

Employee termination, asset impairment, and other charges
4

 
6

 
9

 
9

Subtotal
102

 
42

 
303

 
121

Tax benefit
(26
)
 
(11
)
 
(80
)
 
(31
)
Total
$
76

 
$
31

 
$
223

 
$
90
Stock Option Activity
The following table summarizes stock option activity under the Company’s incentive plans:
 
Number of Shares
 
Weighted Average Exercise Price Per Share
 
Weighted Average Remaining Contractual Life
 
Aggregate Intrinsic Value
 
(in millions)
 
 
 
(in years)
 
(in millions)
Options outstanding at July 1, 2016
9.0

 
$
55.74

 
3.9

 
$
60

Granted
2.8

 
44.83

 
 
 
 
Exercised
(2.4
)
 
34.27

 
 
 
 
Canceled or expired
(0.8
)
 
73.01

 
 
 
 
Options outstanding at March 31, 2017
8.6

 
56.66

 
4.4

 
245

Exercisable at March 31, 2017
4.0

 
57.96

 
3.0

 
115

Vested and expected to vest after March 31, 2017
8.3

 
56.88

 
4.4

 
235
Restricted Stock Unit
The following table summarizes RSU and PSU activity under the Company’s incentive plans:
 
Number of Shares
 
Weighted Average Grant Date Fair Value
 
(in millions)
 
 
RSUs and PSUs outstanding at July 1, 2016
15.7

 
$
41.92

Granted
5.7

 
45.94

Vested
(5.5
)
 
47.44

Forfeited
(1.7
)
 
44.08

RSUs and PSUs outstanding at March 31, 2017
14.2

 
44.43

Expected to vest after March 31, 2017
13.3

 
44.55
Stock Appreciation Rights Fair Value Adjustment [Table Text Block]
The following table presents the adjustments to the fair market value of SARs for the three and nine months ended March 31, 2017 and April 1, 2016:
 
Three Months Ended
 
Nine Months Ended
 
March 31,
2017
 
April 1,
2016
 
March 31,
2017
 
April 1,
2016
 
(in millions)
SAR expense (benefit)
$
(1
)
 
$
(7
)
 
$
7

 
$
(18
)
Tax expense (benefit)
1

 
1

 
(1
)
 
2

Total SAR expense (benefit)
$
—

 
$
(6
)
 
$
6

 
$
(16
)