Stock-Based Compensation (Tables)

9 Months Ended

Apr. 29, 2012

Share-based Compensation Arrangement by Share-based Payment Award [Line Items]

Schedule Of Stock Option Activity

The following table summarizes stock option activity as of April 29, 2012:

	Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life	Aggregate Intrinsic Value
	(Options in thousands)				(In years)
Outstanding at July 31, 2011	8,706		$	26.23
Granted	—		$	—
Exercised	(3,609	)	$	26.11
Terminated	(75	)	$	26.62
Outstanding at April 29, 2012	5,022		$	26.32	1.8	$	38
Exercisable at April 29, 2012	5,022		$	26.32	1.8	$	38

Time-Lapse Restricted Stock Units, EPS Performance Restricted Stock Units And Strategic Performance Restricted Stock Units

The following table summarizes time-lapse restricted stock units, EPS performance restricted stock units and strategic performance restricted stock units as of April 29, 2012:

	Units		Weighted- Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at July 31, 2011	2,710		$	35.11
Granted	2,620		$	32.38
Vested	(1,154	)	$	35.74
Forfeited	(174	)	$	33.37
Nonvested at April 29, 2012	4,002		$	33.22

TSR Performance Restricted Stock Units

The following table summarizes TSR performance restricted stock units as of April 29, 2012:

	Units		Weighted- Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at July 31, 2011	3,431		$	40.78
Granted	—		$	—
Vested	—		$	—
Forfeited	(1,266	)	$	45.58
Nonvested at April 29, 2012	2,165		$	37.97

TSR Performance Restricted Stock Units, Assumptions Used In Monte Carlo Simulation

The company estimated the fair value of TSR performance restricted stock units at the grant date using a Monte Carlo simulation. Assumptions used in the 2011 Monte Carlo simulation were as follows:

	2011
Risk-free interest rate	0.59	%
Expected dividend yield	3.00	%
Expected volatility	23.71	%
Expected term	3	yrs.