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STOCKHOLDERS' EQUITY (Tables)
 12 Months Ended
Jan. 03, 2020
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 December 30, 2016341.1  $52.90  727.4  $56.25  
Granted31.3  80.81  222.4  85.65  
Converted—  —  (155.4) 76.51  
Canceled—  —  (50.7) 59.25  
Outstanding balance at December 29, 2017372.4  55.25  743.7  60.61  
Granted34.5  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, 2018380.9  56.28  724.4  63.16  
Granted46.7  59.26  287.8  59.88  
Converted(43.4) 60.76  (259.9) 53.63  
Performance unit adjustments(d)
—  —  (44.2) 48.61  
Canceled—  —  (22.6) 67.34  
Outstanding balance at January 3, 2020384.2  $56.13  685.5  $66.20  
(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 December 30, 2016488.2  $48.68  
Exercised(88.7) 56.43  
Balance at December 29, 2017399.5  46.96  
Exercised(51.8) 29.64  
Balance at December 28, 2018347.7  49.54  
Exercised(147.0) 32.14  
Balance at January 3, 2020200.7  $62.27  
Options exercisable at year-end:
2017399.5  $46.96  
2018347.7  $49.54  
2019200.7  $62.27  
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 28, 2018147.9  $47.73  
Granted58.1  62.00  
Vested(55.2) 17.40  
Performance unit adjustments(b)
(44.2) 48.61  
Canceled—  —  
Balance at January 3, 2020106.6  $70.84  
(a)All non-vested stock performance units are expected to vest.
(b)Adjustments based on final evaluations for non-vested performance stock units.