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Stock-Based Compensation (Tables)
 6 Months Ended
May 04, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Information pertaining to the Company's stock option awards and the related estimated weighted-average assumptions used to calculate the fair value of stock options granted
Information pertaining to the Company’s stock option awards and the related estimated weighted-average assumptions to calculate the fair value of stock options granted during the three- and six-month periods ended May 4, 2013 and May 5, 2012 are as follows:
  
Three Months Ended
 
Six Months Ended
Stock Options
May 4, 2013
 
May 5, 2012
 
May 4, 2013
 
May 5, 2012
Options granted (in thousands)
2,266

 
2,178

 
2,286

 
2,227

Weighted-average exercise price

$46.47

 

$39.77

 

$46.41

 

$39.71

Weighted-average grant-date fair value

$7.36

 

$7.48

 

$7.35

 

$7.50

Assumptions:
 
 
 
 
 
 
 
Weighted-average expected volatility
24.6
%
 
28.5
%
 
24.6
%
 
28.6
%
Weighted-average expected term (in years)
5.4

 
5.3

 
5.4

 
5.3

Weighted-average risk-free interest rate
1.0
%
 
1.1
%
 
1.0
%
 
1.1
%
Weighted-average expected dividend yield
2.9
%
 
3.0
%
 
2.9
%
 
3.0
%
Summary of the activity under the Company s stock option plans:
A summary of the activity under the Company’s stock option plans as of May 4, 2013 and changes during the three- and six-month periods then ended is presented below:
Activity during the Three Months Ended May 4, 2013
Options
Outstanding
(in thousands)
 
Weighted-
Average Exercise
Price Per Share
 
Weighted-
Average
Remaining
Contractual
Term in Years
 
Aggregate
Intrinsic
Value
Options outstanding February 2, 2013
22,430

 

$32.24

 
 
 
 
Options granted
2,266

 

$46.47

 
 
 
 
Options exercised
(2,047
)
 

$30.41

 
 
 
 
Options forfeited
(44
)
 

$33.53

 
 
 
 
Options expired
(19
)
 

$44.66

 
 
 
 
Options outstanding at May 4, 2013
22,586

 

$33.82

 
5.1
 

$256,487

Options exercisable at May 4, 2013
15,663

 

$31.99

 
3.6
 

$204,292

Options vested or expected to vest at May 4, 2013 (1)
21,999

 

$33.62

 
5.0
 

$253,828

 
(1)
In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. The number of options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options.
Activity during the Six Months Ended May 4, 2013
Options
Outstanding
(in thousands)
 
Weighted-
Average Exercise
Price Per Share
Options outstanding November 3, 2012
26,453

 

$31.73

Options granted
2,286

 

$46.41

Options exercised
(5,984
)
 

$29.42

Options forfeited
(146
)
 

$31.99

Options expired
(23
)
 

$42.49

Options outstanding at May 4, 2013
22,586

 

$33.82
Summary of the Company's restricted stock unit award activity
A summary of the Company’s restricted stock unit award activity as of May 4, 2013 and changes during the three- and six-month periods then ended is presented below: 
Activity during the Three Months Ended May 4, 2013
Restricted
Stock Units
Outstanding
(in thousands)
 
Weighted-
Average Grant-
Date Fair Value
Per Share
Restricted stock units outstanding at February 2, 2013
1,995

 

$35.22

Units granted
754

 

$42.45

Restrictions lapsed
(228
)
 

$35.30

Forfeited
(15
)
 

$35.85

Restricted stock units outstanding at May 4, 2013
2,506

 

$37.38

Activity during the Six Months Ended May 4, 2013
Restricted
Stock Units
Outstanding
(in thousands)
 
Weighted-
Average Grant-
Date Fair Value
Per Share
Restricted stock units outstanding at November 3, 2012
3,060

 

$33.01

Units granted
767

 

$42.36

Restrictions lapsed
(1,278
)
 

$30.01

Forfeited
(43
)
 

$34.49

Restricted stock units outstanding at May 4, 2013
2,506

 

$37.38