Share Plans (Tables)

12 Months Ended

Sep. 25, 2015

Share Plans

Share-based compensation expense

	Fiscal
	2015		2014		2013
	(in millions)
Share-based compensation expense	$	89	$	77	$	71

Summary of restricted share award activity

	Shares			Weighted-Average Grant-Date Fair Value
Nonvested at September 26, 2014		3,397,828		$	40.79
Granted		1,359,144			62.45
Vested		(1,485,763	)		38.80
Forfeited		(480,275	)		48.43
Nonvested at September 25, 2015		2,790,934		$	51.01

Summary of performance shares award activity

	Shares			Weighted-Average Grant-Date Fair Value
Outstanding at September 26, 2014		510,488		$	41.53
Granted		220,272			61.65
Vested		(1,285	)		34.05
Forfeited		(28,647	)		42.63
Outstanding at September 25, 2015		700,828		$	47.32

Summary of share option award activity.

	Shares			Weighted-Average Exercise Price		Weighted-Average Remaining Contractual Term		Aggregate Intrinsic Value
						(in years)		(in millions)
Outstanding at September 26, 2014		11,948,584		$	35.41
Granted		1,735,750			61.70
Exercised		(3,072,275	)		32.84
Expired		(91,021	)		52.93
Forfeited		(396,163	)		46.10
Outstanding at September 25, 2015		10,124,875		$	40.05		6.0	$	192
Vested and expected to vest at September 25, 2015		9,822,310		$	39.79		6.0	$	188
Exercisable at September 25, 2015		5,758,402		$	33.71		4.6	$	142

Weighted-average assumptions

	Fiscal
	2015			2014			2013
Weighted-average grant-date fair value	$	18.77		$	16.81		$	8.62
Assumptions:
Expected share price volatility		36	%		39	%		34	%
Risk free interest rate		2.0	%		1.8	%		0.9	%
Expected annual dividend per share	$	1.16		$	1.00		$	0.84
Expected life of options (in years)		6.0			6.0			6.0