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Stock Plans and Share-Based Compensation (Tables)
 12 Months Ended
Dec. 25, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of share-based compensation and related income tax benefit
 Total pre-tax expense associated with share-based compensation and its related income tax benefit is shown in the table below.

 
Fiscal Years
(Dollars in Millions)
2015
 
2014
 
2013
Share-Based Compensation Expense
$
12

 
$
33

 
$
14

Income Tax Benefit
4

 
13

 
6
Schedule of outstanding restricted stock units and awards
The following table provides information about outstanding restricted stock units and awards combined.  As of December 2015, unrecognized compensation expense for these awards and units was approximately $13 million, which will be expensed over a weighted-average remaining period of 2 years.

NOTE 4.  Stock Plans and Share-Based Compensation, continued

 
Fiscal Years
 
2015
2014
2013
Restricted Stock Units and Awards Outstanding (Thousands)(a)
1,157

1,383

1,462

Weighted-Average Fair Value at Grant Date
$
28.66

$
25.03

$
23.89

Restricted Stock Units and Awards Expense (Millions)(a)
$
11

$
11

$
10

Unvested Restricted Stock Units and Awards Outstanding (Thousands)
406

601

705

Weighted-Average Fair Value of Unvested Units and Awards Outstanding
$
31.35

$
26.40

$
24.17


(a)  Time-based restricted stock units were granted to certain employees under the respective Long-term Incentive Plans in the amount of 312,000, 371,000, and 524,000 in 2015, 2014 and 2013, respectively, as described below.  These units vest over three years, therefore only a partial amount of expense was recognized in 2015, 2014, and 2013, respectively.
Schedule of target units granted and weighted-average fair value calculations
 
LTIP Plan (Plan Ended In)
 
2015
 
2016
 
2017
Number of target units outstanding (Thousands)(a)
1,317

 
1,115

 
826

Weighted-average fair value at grant date (a)
$
25.90

 
$
28.60

 
$
35.94

Payout Range
0% - 200%

 
0% - 200%

 
0% - 200%

(a) Number of target units granted and weighted-average fair value calculations above include the value of both initial grants and subsequent, smaller grants issued at different prices based on grant date fair value to new or promoted employees not previously included.
Schedule of outstanding long-term incentive plans
The activity related to each of the outstanding long-term incentive plans is summarized as follows:
 
LTIP Plan (Plan Ended In)
Weighted-Average Fair Value at Grant Date
(Units Outstanding, in Thousands)
2015
 
2016
 
2017
Unvested at December 27, 2013
1,318

 
—

 
—

$
25.32

Granted in 2014
52

 
1,144

 
—

28.11

Forfeited in 2014
(40
)
 
(25
)
 
—

26.33

Unvested at December 26, 2014
1,330

 
1,119

 
—

26.66

 
 

 
 

 
 

 
Granted in 2015
63

 
134

 
935

35.45

Forfeited in 2015
(76
)
 
(138
)
 
(109
)
30.06

Vested at December 25, 2015
1,317

 
—

 
—

25.90

Unvested at December 25, 2015
—

 
1,115

 
826

$
31.73
Schedule of shares issued to directors
The following table provides information about shares issued to directors.

 
Fiscal Years
 
2015
 
2014
 
2013
Shares Issued to Directors (Thousands)
62

 
79

 
105

Expense (Millions)
$
2

 
$
2

 
$
2

Weighted Average Grant Date Stock Price
$
34.59

 
$
28.01

 
$
23.12