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Stock-Based Compensation (Tables)
 9 Months Ended
Aug. 03, 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 nine-month periods ended August 3, 2013 and August 4, 2012 are as follows:
  
Three Months Ended
 
Nine Months Ended
Stock Options
August 3, 2013
 
August 4, 2012
 
August 3, 2013
 
August 4, 2012
Options granted (in thousands)
103

 
36

 
2,389

 
2,263

Weighted-average exercise price

$45.97

 

$36.24

 

$46.39

 

$39.65

Weighted-average grant-date fair value

$7.85

 

$6.73

 

$7.37

 

$7.49

Assumptions:
 
 
 
 
 
 
 
Weighted-average expected volatility
25.8
%
 
30.2
%
 
24.6
%
 
28.6
%
Weighted-average expected term (in years)
5.4

 
5.3

 
5.4

 
5.3

Weighted-average risk-free interest rate
1.2
%
 
0.6
%
 
1.0
%
 
1.1
%
Weighted-average expected dividend yield
3.0
%
 
3.3
%
 
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 August 3, 2013 and changes during the three- and nine-month periods then ended is presented below:
Activity during the Three Months Ended August 3, 2013
Options
Outstanding
(in thousands)
 
Weighted-
Average Exercise
Price Per Share
 
Weighted-
Average
Remaining
Contractual
Term in Years
 
Aggregate
Intrinsic
Value
Options outstanding May 4, 2013
22,586

 

$33.82

 
 
 
 
Options granted
103

 

$45.97

 
 
 
 
Options exercised
(2,416
)
 

$35.53

 
 
 
 
Options forfeited
(32
)
 

$35.91

 
 
 
 
Options expired
(10
)
 

$37.51

 
 
 
 
Options outstanding at August 3, 2013
20,231

 

$33.67

 
5.2
 

$327,755

Options exercisable at August 3, 2013
13,267

 

$31.35

 
3.6
 

$245,722

Options vested or expected to vest at August 3, 2013 (1)
19,706

 

$33.46

 
5.1
 

$323,467


 
(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 Nine Months Ended August 3, 2013
Options
Outstanding
(in thousands)
 
Weighted-
Average Exercise
Price Per Share
Options outstanding November 3, 2012
26,453

 

$31.73

Options granted
2,389

 

$46.39

Options exercised
(8,400
)
 

$31.17

Options forfeited
(178
)
 

$32.69

Options expired
(33
)
 

$41.00

Options outstanding at August 3, 2013
20,231

 

$33.67
Summary of the Company's restricted stock unit award activity
A summary of the Company’s restricted stock unit award activity as of August 3, 2013 and changes during the three- and nine-month periods then ended is presented below: 
Activity during the Three Months Ended August 3, 2013
Restricted
Stock Units
Outstanding
(in thousands)
 
Weighted-
Average Grant-
Date Fair Value
Per Share
Restricted stock units outstanding at May 4, 2013
2,506

 

$37.38

Units granted
31

 

$42.30

Restrictions lapsed
(22
)
 

$28.28

Forfeited
(14
)
 

$37.09

Restricted stock units outstanding at August 3, 2013
2,501

 

$37.53

Activity during the Nine Months Ended August 3, 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
798

 

$42.35

Restrictions lapsed
(1,300
)
 

$29.98

Forfeited
(57
)
 

$35.10

Restricted stock units outstanding at August 3, 2013
2,501

 

$37.53