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Share Plans (Tables)
9 Months Ended
Jun. 29, 2018
Share Plans  
Share-based compensation expense

                                                                                                                                                                                    

 

 

For the
Quarters Ended

 

For the
Nine Months Ended

 

 

 

June 29,
2018

 

June 30,
2017

 

June 29,
2018

 

June 30,
2017

 

 

 

(in millions)

 

Share-based compensation expense

 

$

22

 

$

26

 

$

74

 

$

73

 

 

Summary of share-based award activity

        During the quarter ended December 29, 2017, we granted the following share-based awards as part of our annual incentive plan grant:

                                                                                                                                                                                    

 

 

Shares

 

Weighted-Average
Grant-Date
Fair Value

 

 

 

(in millions)

 

 

 

Share options

 

 

1.4

 

$

16.47

 

Restricted share awards

 

 

0.5

 

 

93.36

 

Performance share awards

 

 

0.2

 

 

93.36

 

 

Weighted-average assumptions

                                                                                                                                                                                                 

Expected share price volatility

 

 

20

%

Risk free interest rate

 

 

2.2

%

Expected annual dividend per share

 

$

1.60

 

Expected life of options (in years)

 

 

5.3