Share-Based Compensation Plans

3 Months Ended

Apr. 02, 2016

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Compensation expense for the Company’s share-based compensation plans was as follows:



	Three Months Ended
	April 2, 2016			April 4, 2015
Share-based compensation expense included in:
Costs of sales	$	2		$	3
Selling, general and administrative expenses	12			13
Research and development expenditures	3			5
Share-based compensation expense included in Operating earnings	17			21
Tax benefit	5			7
Share-based compensation expense, net of tax	$	12		$	14
Decrease in basic earnings per share	$	(0.07	)	$	(0.07	)
Decrease in diluted earnings per share	$	(0.07	)	$	(0.06	)
Share-based compensation expense in discontinued operations	$	—		$	—

During the three months ended April 2, 2016, the Company granted 0.6 million RSUs and market stock units ("MSUs") and 0.6 million stock options and performance options ("POs"). The total aggregate compensation expense, net of estimated forfeitures, for these RSUs and MSUs was $36 million and stock options and POs was $10 million, respectively, which will generally be recognized over the vesting period of three years.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details