Shareholders' Equity (Tables)

12 Months Ended

Jun. 28, 2013

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

The following table summarizes stock option activity under the Stock Plans over the last three fiscal years (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 2, 2010		9.4		$	20.61
Granted		2.5			26.59
Exercised		(1.4	)		16.83
Forfeited or expired		(0.3	)		26.21

Options outstanding at July 1, 2011		10.2		$	22.49
Granted		3.7			31.78
Assumed		4.2			8.47
Exercised		(2.1	)		15.14
Forfeited or expired		(0.2	)		28.76

Options outstanding at June 29, 2012		15.8		$	21.89
Granted		3.4			43.51
Exercised		(6.8	)		18.53
Forfeited or expired		(0.5	)		32.72

Options outstanding at June 28, 2013		11.9		$	29.47		4.4	$	389

Exercisable at June 28, 2013		5.1		$	24.05		3.1	$	192

Vested and expected to vest after June 28, 2013		11.7		$	29.29		4.4	$	384

Options Outstanding and Exercisable Under the Stock Plans

The following table summarizes information about options outstanding and exercisable under the Stock Plans as of June 28, 2013 (in millions, except exercise price):


	Options Outstanding						Options Exercisable
Range of Exercise Prices	Number of Shares		Weighted Average Remaining Contractual Life (in years)		Weighted Average Exercise Price		Number of Shares		Weighted Average Exercise Price
$6.67 – $19.60		2.4		3.1	$	10.77		1.5	$	13.15
$19.89 – $26.17		2.7		3.3		24.95		1.9		24.55
$26.80 – $35.74		2.3		4.6		29.80		1.0		29.69
$35.75 – $41.75		1.4		4.6		37.54		0.7		36.60
$43.11 – $64.61		3.1		6.2		43.70		—		43.11

		11.9		4.4	$	29.47		5.1	$	24.05

Restricted Stock Unit

The following table summarizes RSU activity (in millions, except weighted average grant date fair value):


	Number of Shares			Weighted Average Grant Date Fair Value
RSUs outstanding at July 2, 2010		3.1		$	28.43
Granted		1.0			26.75
Vested		(0.8	)		24.03
Forfeited or expired		(0.2	)		32.41

RSUs outstanding at July 1, 2011		3.1		$	28.85
Granted		1.6			32.87
Assumed		0.4			38.98
Vested		(1.3	)		24.58
Forfeited or expired		(0.1	)		32.01

RSUs outstanding at June 29, 2012		3.7		$	33.19
Granted		1.7			43.14
Vested		(1.4	)		37.89
Forfeited or expired		(0.4	)		35.46

RSUs outstanding at June 28, 2013		3.6		$	35.82

Expected to vest after June 28, 2013		3.4		$	35.68

Fair Value of Stock Options Granted

The fair value of stock options granted during the three years ended June 28, 2013 was estimated using the following weighted average assumptions:


	2013	2012	2011
Suboptimal exercise factor	1.90	1.81	1.81
Range of risk-free interest rates	0.14% to 1.96%	0.12% to 1.61%	0.20% to 2.90%
Range of expected stock price volatility	0.36 to 0.53	0.41 to 0.55	0.39 to 0.59
Weighted average expected volatility	0.49	0.49	0.52
Post-vesting termination rate	2.16%	2.61%	2.44%
Dividend yield	2.53%	—	—
Fair value	$15.75	$12.91	$11.42

Fair Values of All Employee Stock Purchase Plan Rights Granted

The fair values of all ESPP purchase rights granted on or prior to June 28, 2013 have been estimated at the date of grant using a Black-Scholes-Merton option-pricing model with the following weighted average assumptions:


	ESPP
	2013			2012			2011
Option life (in years)		1.24			1.24			1.25
Risk-free interest rate		0.23	%		0.22	%		0.44	%
Stock price volatility		0.42			0.46			0.44
Dividend yield		1.61	%		—			—
Fair value	$	10.36		$	7.29		$	8.36

Summarizes Table of All Shares of Common Stock Reserved for Issuance

The following table summarizes all shares of common stock reserved for issuance at June 28, 2013 (in millions):


	Number of Shares
Maximum shares issuable in connection with:
Outstanding awards and shares available for award grants		28.4
ESPP		7.8

Total		36.2