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Stock-Based Compensation (Tables)
6 Months Ended
Jul. 01, 2011
Stock-Based Compensation  
Assumptions Used In the Black-Scholes Model To Value Options Granted

Risk-free interest rate

     2.24 – 3.19

Weighted average volatility

     26.5

Dividend yield

     0.20

Expected years until exercise

     6 to 8.5   
Summary Of The Components Of The Share-Based Compensation Program
     Three Months
Ended
    Six Months
Ended
 
     July 1,
2011
    July 2,
2010
    July 1,
2011
    July 2,
2010
 

Restricted stock units and restricted shares:

        

Pre-tax compensation expense

   $ 11.0      $ 8.9      $ 20.4      $ 13.4   

Tax benefit

     (4.1     (3.3     (7.6     (5.0
                                

Restricted stock unit and restricted share expense, net of tax

   $ 6.9      $ 5.6      $ 12.8      $ 8.4   
                                

Stock options:

        

Pre-tax compensation expense

   $ 12.2      $ 15.5      $ 25.6      $ 27.5   

Tax benefit

     (3.5     (4.7     (7.3     (8.0
                                

Stock option expense, net of tax

   $ 8.7      $ 10.8      $ 18.3      $ 19.5   
                                

Total share-based compensation:

        

Pre-tax compensation expense

   $ 23.2      $ 24.4      $ 46.0      $ 40.9   

Tax benefit

     (7.6     (8.0     (14.9     (13.0
                                

Total share-based compensation expense, net of tax

   $ 15.6      $ 16.4      $ 31.1      $ 27.9   
                                
Option Activity Under The Company's Stock Plans
     Shares
(in  thousands)
    Weighted
Average
Exercise
Price
     Weighted
Average
Remaining
Contractual
Term
(in Years)
     Aggregate
Intrinsic
Value

($  in millions)
 

Outstanding at January 1, 2011

     34,820      $ 30.31         

Granted

     1,763      $ 49.89         

Exercised

     (2,284   $ 26.25         

Cancelled / Forfeited

     (733   $ 36.02         
                      

Outstanding at July 1, 2011

     33,566      $ 31.49         6       $ 773   
                                  

Vested and Expected to Vest at July 1, 2011

     32,827      $ 31.35         6       $ 761   
                                  

Vested and Exercisable at July 1, 2011

     19,144      $ 27.35         4       $ 520   
                                  
Unvested RSUs And Restricted Shares Outstanding
     Number of
RSUs /
Restricted
Shares (in
thousands)
    Weighted-
Average

Grant-
Date Fair
Value
 

Unvested at January 1, 2011

     5,153      $ 33.77   

Granted

     706      $ 49.89   

Vested and issued

     (192   $ 35.48   

Cancelled / Forfeited

     (181   $ 34.21   
          

Unvested at July 1, 2011

     5,486      $ 35.77