Stock-Based Compensation (Tables)

3 Months Ended

Feb. 04, 2012

Stock-Based Compensation [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-month periods ended February 4, 2012 and January 29, 2011 are as follows:

	Three Months Ended
Stock Options	February 4, 2012			January 29, 2011
Options granted (in thousands)*		49			1,873
Weighted-average exercise price	$	36.99		$	37.53
Weighted-average grant date fair value	$	8.46		$	8.64
Assumptions:
Weighted-average expected volatility		33.31	%		29.36	%
Weighted-average expected term (in years)		5.3			5.3
Weighted-average risk-free interest rate		0.8	%		2.1	%
Weighted-average expected dividend yield		2.7	%		2.3	%

* Under the Company’s equity award grant date policy the grant date of the Company’s annual equity awards has been the second business day following January 1st that the NYSE is open in the Company’s first fiscal quarter. Beginning in fiscal year 2012, the grant date of the Company’s annual equity awards will be March 15th or the next business day that the NYSE is open in the Company’s second fiscal quarter.

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 February 4, 2012 and changes during the three-month period then ended is presented below:

Activity during the Three Months Ended February 4, 2012	Options Outstanding (in  thousands)				Weighted- Average Exercise Price Per Share	Weighted- Average Remaining Contractual Term in Years		Aggregate Intrinsic Value
Options outstanding October 29, 2011		34,116		$30.27
Options granted		49		$36.99
Options exercised		(1,936	)	$25.24
Options forfeited		(189	)	$27.42
Options expired		(2,081	)	$41.05
Options outstanding at February 4, 2012		29,959		$29.88			4.6	$	313,894
Options exercisable at February 4, 2012		20,539		$30.55			4.0	$	204,031
Options vested or expected to vest at February 4, 2012 (1)		29,483		$29.88			4.5	$	308,982

(1) In addition to the vested options, the Company expects a portion of the unvested options to vest at some point in the future. Options expected to vest is calculated by applying an estimated forfeiture rate to the unvested options.

Summary of the Company's restricted stock unit award activity

A summary of the Company’s restricted stock unit award activity as of February 4, 2012 and changes during the three- month period then ended is presented below:

Activity during the Three Months Ended February 4, 2012	Restricted Stock Units Outstanding (in thousands)			Weighted- Average Grant Date Fair Value Per Share
Restricted stock units outstanding at October 29, 2011		2,088		$	31.10
Units granted		22		$	33.64
Restrictions lapsed		(21	)	$	23.32
Forfeited		(19	)	$	31.56
Restricted stock units outstanding at February 4, 2012		2,070		$	31.20