XML 88 R57.htm IDEA: XBRL DOCUMENT v2.3.0.15
Earnings per Share Antidilutive (Details) (USD $)
Share data in Millions, except Per Share data, unless otherwise specified
3 Months Ended9 Months Ended
Sep. 24, 2011
years
Sep. 25, 2010
Sep. 24, 2011
years
Sep. 25, 2010
Jun. 30, 2007
Anti-dilutive securities:     
Anti-dilutive security (in shares)22.621.722.021.9 
Anti-dilutive security face amount (in dollars)    $ 575,000,000
Stock price at which impact of net share settlement at conversion will begin to dilute EPS (in dollars per share)$ 53.40 $ 53.40  
Stock price at which impact of net share settlement under warrants will begin to dilute EPS (in dollars per share)$ 68.10 $ 68.10  
Stock price at which receipt of MCBC stock under purchased call options would be anti-dilutive, low end of the range (in dollars per share)$ 53.40 $ 53.40  
Stock price at which receipt of MCBC stock under purchased call options would be anti-dilutive, high end of the range (in dollars per share)$ 68.10 $ 68.10  
Amount authorized for repurchase  1,200,000,000  
Expected repurchase period of time (in years)3 3  
Stock Repurchased During Period, Shares  6.3  
Stock Repurchased During Period, Value  $ 271,100,000  
Stock options, SOSARs and RSUs
     
Anti-dilutive securities:     
Anti-dilutive security (in shares)1.0[1]0.7[1]0.6[1]0.9[1] 
Shares of Class B common stock issuable upon assumed conversion of the 2.5% Convertible Senior Notes
     
Anti-dilutive securities:     
Anti-dilutive security (in shares)10.8[2]10.5[2]10.7[2]10.5[2] 
Warrants to issue shares of Class B common stock
     
Anti-dilutive securities:     
Anti-dilutive security (in shares)10.8[2]10.5[2]10.7[2]10.5[2] 
[1]Exercise prices exceed the average market price of the common shares or are anti-dilutive due to the impact of the unrecognized compensation cost on the calculation of assumed proceeds in the application of the treasury stock method.
[2]We issued $575 million of senior convertible notes in June 2007. The impact of a net share settlement of the conversion amount at maturity will begin to dilute earnings per share if and when our stock price reaches $53.40. The impact of stock that could be issued to settle share obligations we could have under the warrants we issued simultaneously with the convertible notes issuance will begin to dilute earnings per share when our stock price reaches $68.10. The potential receipt of MCBC stock from counterparties under our purchased call options when and if our stock price is between $53.40 and $68.10 would be anti-dilutive and excluded from any calculations of earnings per share.