STOCK-BASED COMPENSATION (Tables)

3 Months Ended

Jan. 26, 2014

Schedule of reconciliation of the number of options outstanding and exercisable

A reconciliation of the number of options outstanding and exercisable (in thousands) as of January 26, 2014, and changes during the quarter then ended, is as follows:

	Shares	Weighted- Average Exercise Price	Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value (in thousands)
Outstanding at October 27, 2013	18,466	$22.09
Granted	1,032	45.98
Exercised	524	19.64
Forfeited	11	33.51
Outstanding at January 26, 2014	18,963	$23.45	5.6 years	$ 412,144
Exercisable at January 26, 2014	13,694	$19.91	4.5 years	$ 345,526

Schedule of weighted-average grant date fair value of stock options granted, and the total intrinsic value of options exercised

The weighted-average grant date fair value of stock options granted and the total intrinsic value of options exercised (in thousands) during the first quarter of fiscal years 2014 and 2013 are as follows:

	Three Months Ended
	January 26, 2014		January 27, 2013
Weighted-average grant date fair value	$	9.89	$	5.10
Intrinsic value of exercised options	$	13,402	$	46,520

Schedule of weighted-average assumptions used to calculate fair value of each option award

	Three Months Ended
	January 26, 2014	January 27, 2013
Risk-Free Interest Rate	2.5%	1.3%
Dividend Yield	1.7%	2.2%
Stock Price Volatility	20.0%	20.0%
Expected Option Life	8 years	8 years

Schedule of stock-based compensation expense, along with the related income tax benefit

	Three Months Ended
(in thousands)	January 26, 2014	January 27, 2013
Stock-based compensation expense recognized	$ 4,957	$ 5,576
Income tax benefit recognized	1,884	2,108
After-tax stock-based compensation expense	$3,073	$ 3,468