Equity Plans

As of December 1, 2016, 84 million shares were available for future awards under our equity plans.

Stock Options



Quarter ended	December 1, 2016			December 3, 2015
Stock options granted	2			2
Weighted-average grant-date fair value per share	$	7.66		$	7.99
Average expected life in years	5.7			5.6
Weighted-average expected volatility	46		%	46		%
Weighted-average risk-free interest rate	1.4		%	1.5		%
Expected dividend yield	0		%	0		%

Restricted Stock and Restricted Stock Units ("Restricted Stock Awards")



Quarter ended	December 1, 2016		December 3, 2015
Restricted stock award shares granted	3		3
Weighted-average grant-date fair value per share	$	18.22	$	18.52

Stock-based Compensation Expense



Quarter ended	December 1, 2016		December 3, 2015
Stock-based compensation expense by caption
Cost of goods sold	$	19	$	18
Selling, general, and administrative	15		17
Research and development	12		11
	$	46	$	46

Stock-based compensation expense by type of award
Stock options	$	17	$	20
Restricted stock awards	29		26
	$	46	$	46

As of December 1, 2016, $369 million of total unrecognized compensation costs for unvested awards was expected to be recognized through the first quarter of 2021, resulting in a weighted-average period of 1.2 years. Stock-based compensation expense in the above presentation does not reflect any significant income tax benefits, which is consistent with our treatment of income or loss from our U.S. operations.