Share-Based Payments (Tables)

9 Months Ended

Sep. 28, 2013

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of components of share-based compensation expense

The following table summarizes share-based compensation expense:

	Thirteen Weeks Ended						Thirty-Nine Weeks Ended
	September 28, 2013			September 29, 2012			September 28, 2013			September 29, 2012
	(In millions)
Pre-tax compensation expense	$	3.2		$	5.2		$	18.6		$	15.1
Tax benefit	(0.8		)	(1.4		)	(5.3		)	(4.3		)
After-tax compensation expense	$	2.4		$	3.8		$	13.3		$	10.8

Schedule of stock options and SOSARs outstanding and the activity for the period

The following table represents the summary of stock options and stock-only stock appreciation rights ("SOSAR") outstanding as of September 28, 2013, and the activity during the first three quarters of 2013:

	Shares outstanding	Weighted-average exercise price per share	Weighted-average remaining contractual life (years)	Aggregate intrinsic value
	(In millions, except per share amounts and years)
Outstanding as of December 29, 2012	6.0	$40.55	4.05	$	23.2
Granted	0.2	$45.22
Exercised	(2.2)	$36.49
Forfeited	—	$—
Outstanding as of September 28, 2013	4.0	$42.85	4.30	$	33.7
Exercisable at September 28, 2013	3.5	$42.63	3.63	$	30.0

Schedule of non-vested RSUs, PUs and DSUs outstanding and the activity for the period

The following table represents non-vested RSUs, DSUs, PSUs and PUs as of September 28, 2013, and the activity during the first three quarters of 2013:

	RSUs and DSUs			PUs			PSUs
	Units		Weighted-average grant date fair value per unit	Units		Weighted-average grant date fair value per unit	Units	Weighted-average grant date fair value per unit
	(In millions, except per unit amounts)
Non-vested as of December 29, 2012	0.7		$43.06	1.7		$10.90	—	$—
Granted	0.3		$42.76	—		$—	0.2	$43.10
Vested	(0.2	)	$42.95	(0.6	)	$11.61	—	$—
Forfeited	(0.1	)	$41.82	(0.1	)	$6.24	—	$—
Non-vested as of September 28, 2013	0.7		$42.10	1.0		$5.51	0.2	$43.10

Schedule of share-based compensation weighted average assumptions

The fair value of each option granted in the first three quarters of 2013 and 2012 was determined on the date of grant using the Black-Scholes option-pricing model with the following weighted-average assumptions:

	Thirty-Nine Weeks Ended
	September 28, 2013	September 29, 2012
Risk-free interest rate	1.43%	1.50%
Dividend yield	2.88%	2.99%
Volatility range	22.39%-25.90%	25.80%-27.56%
Weighted-average volatility	25.02%	25.86%
Expected term (years)	7.70	4.0-7.7
Weighted-average fair market value	$8.39	$8.09