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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 28, 2018
Text Block [Abstract]  
Activity Under the Director and Employee Stock Unit Plans
The following table summarizes the activity under the director and employee stock unit plans:
(units in thousands)
 
Director
Stock
Units (a)
 
Weighted
Average
Grant Date Fair
Value (b)
 
Employee
Stock Units (c)
 
Weighted
Average
Grant Date Fair
Value (b)
Outstanding balance at January 1, 2016
 
307.8

 
$
52.53

 
436.1

 
$
81.56

Granted
 
33.3

 
56.34

 
491.5

 
39.93

Converted
 

 

 
(125.2
)
 
80.58

Canceled
 

 

 
(75.0
)
 
55.89

Outstanding balance at December 30, 2016
 
341.1

 
52.90

 
727.4

 
56.25

Granted
 
31.3

 
80.81

 
222.4

 
85.65

Converted
 

 

 
(155.4
)
 
76.51

Canceled
 

 

 
(50.7
)
 
59.25

Outstanding balance at December 29, 2017
 
372.4

 
55.25

 
743.7

 
60.61

Granted
 
34.5

 
70.92

 
237.9

 
74.98

Converted
 
(26.0
)
 
60.95

 
(192.6
)
 
64.15

Performance unit adjustments(d)
 

 

 
(12.6
)
 
89.00

Canceled
 

 

 
(52.0
)
 
70.80

Outstanding balance at December 28, 2018
 
380.9

 
$
56.28

 
724.4

 
$
63.16

(a)
All director units are considered convertible although each individual has elected to defer conversion until a pre-arranged time.
(b)
Director and employee stock units are granted at no cost to the participants.
(c)
All employee stock units outstanding are not vested at year end and are expected to vest.
Activity Under the Employee Option Plans
The following table summarizes the activity under the employee option plans:
(options in thousands)
 
Employee
Options
 
Weighted Average
Exercise Price
Balance at January 1, 2016
 
533.0

 
$
49.00

Exercised
 
(44.8
)
 
52.55

Balance at December 30, 2016
 
488.2

 
48.68

Exercised
 
(88.7
)
 
56.43

Balance at December 29, 2017
 
399.5

 
46.96

Exercised
 
(51.8
)
 
29.64

Balance at December 28, 2018
 
347.7

 
$
49.54

Options exercisable at year-end:
 
 
 
 
2016
 
468.4

 
$
48.00

2017
 
399.5

 
$
46.96

2018
 
347.7

 
$
49.54

Changes to the Unvested Shares
The following table summarizes the changes to the non-vested shares:
(shares in thousands)
 
Non-vested Performance Shares (a)
 
Weighted-average Grant Date Fair Value
Balance at December 29, 2017
 
120.6

 
$
42.17

Granted
 
43.7

 
78.33

Vested
 

 

Performance unit adjustments(b)
 
(12.6
)
 
89.00

Canceled
 
(3.8
)
 
86.80

Balance at December 28, 2018
 
147.9

 
$
47.73


(a)
All non-vested stock performance units are expected to vest.
(b)
Adjustments based on final evaluations for non-vested performance stock units.