Stock-based Compensation (Tables)

12 Months Ended

Jul. 28, 2013

Stock-based Compensation

Schedule Of Stock Option Activity

The following table summarizes stock option activity as of July 28, 2013:

	Options		Weighted- Average Exercise Price		Weighted- Average Remaining Contractual Life	Aggregate Intrinsic Value
	(Options in thousands)				(In years)
Outstanding at July 29, 2012	4,254		$	26.73
Granted	—		$	—
Exercised	(3,146	)	$	26.54
Terminated	(7	)	$	26.36
Outstanding at July 28, 2013	1,101		$	27.25	1.2	$	22
Exercisable at July 28, 2013	1,101		$	27.25	1.2	$	22

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 July 28, 2013:

	Units		Weighted- Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at July 29, 2012	3,951		$	33.19
Granted	1,990		$	35.44
Vested	(1,510	)	$	33.74
Forfeited	(223	)	$	33.70
Nonvested at July 28, 2013	4,208		$	34.05

TSR Performance Restricted Stock Units, Assumptions

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 Monte Carlo simulation were as follows:

	2013		2011
Risk-free interest rate	0.30	%	0.59%
Expected dividend yield	3.26	%	3.00%
Expected volatility	15.07	%	23.71%
Expected term	3 years		3 years

TSR Performance Restricted Stock/Units [Member]

Stock-based Compensation

TSR Performance Restricted Stock Units

The following table summarizes TSR performance restricted stock units as of July 28, 2013:

	Units		Weighted-Average Grant-Date Fair Value
	(Restricted stock units in thousands)
Nonvested at July 29, 2012	2,143		$	37.94
Granted	582		$	39.76
Vested	—		$	—
Forfeited/Expired	(1,267	)	$	34.25
Nonvested at July 28, 2013	1,458		$	41.88