XML 97 R42.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share-Based Compensation (Tables)
12 Months Ended
Oct. 25, 2013
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Weighted-Average Assumptions Used To Estimate Fair Value Option Awards
The weighted-average assumptions are as follows:
 
2013
 
2012
 
2011
Risk free interest rate
0.34
%
 
0.40
%
 
0.77
%
Expected volatility
42.76
%
 
44.92
%
 
41.07
%
Expected life in years
3.1

 
3.7

 
3.8

Dividend yield
1.27
%
 
0.90
%
 
0.90
%
Stock incentive plan stock options
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Stock Option Activity, Restricted Stock Unit Activity, And Performance Share Activity
A summary of stock option activity follows:
Dollars in millions, except per share data
Number of Options
 
Weighted-Average
Exercise Price Per Share
 
Weighted-Average Remaining Contractual Term
 
Weighted-Average
Grant Date Fair Value Per Share
 
Aggregate Intrinsic Value
Outstanding as of October 29, 2010
2,846,686

 
$
35.09

 
7.4
 
 
 
$
102.1

Options granted
509,500

 
80.64

 
 
 
$
24.20

 
 
Options exercised
(1,431,349
)
 
36.84

 
 
 
 
 
73.6

Options forfeited or cancelled
(90,489
)
 
41.55

 
 
 
 
 
 
Outstanding as of October 28, 2011
1,834,348

 
$
46.05

 
7.4
 
 
 
82.8

Options granted
459,500

 
87.31

 
 
 
27.93

 
 
Options exercised
(342,047
)
 
28.16

 
 
 
 
 
18.9

Options forfeited or cancelled
(57,956
)
 
69.66

 
 
 
 
 
 
Outstanding as of October 26, 2012
1,893,845

 
$
58.28

 
7.1
 
 
 
26.3

Options granted
655,600

 
57.03

 
 
 
15.49

 
 
Options exercised
(160,276
)
 
26.64

 
 
 
 
 
5.6

Options forfeited or cancelled
(144,094
)
 
73.06

 
 
 
 
 
 
Outstanding as of October 25, 2013
2,245,075

 
$
59.28

 
6.8
 
 
 
18.7

Exercisable as of October 25, 2013
1,255,551

 
$
52.67

 
5.4
 
 
 
17.6

Stock incentive plan restricted stock units
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Stock Option Activity, Restricted Stock Unit Activity, And Performance Share Activity
A summary of restricted stock unit activity follows:
Dollars in millions, except per share data
Number of Units
 
Weighted-Average Grant Date Fair Value Per Share
 
Aggregate Intrinsic Value
Outstanding as of October 29, 2010
681,501

 
$
35.03

 
 
Units granted
295,606

 
81.95

 
 
Units earned from dividends
7,137

 
85.63

 
 
Units settled
(34,450
)
 
48.63

 
$
2.8

Units deferred
(16,031
)
 
52.85

 
1.3

Units forfeited
(65,789
)
 
64.62

 
 
Outstanding as of October 28, 2011
867,974

 
48.32

 
 
Units granted
325,588

 
79.08

 
 
Units earned from dividends
10,520

 
66.04

 
 
Units settled
(112,744
)
 
33.42

 
9.1

Units deferred
(25,252
)
 
34.87

 
2.2

Units forfeited
(50,139
)
 
52.12

 
 
Outstanding as of October 26, 2012
1,015,947

 
60.16

 
 
Units granted
275,753

 
57.02

 
 
Units earned from dividends
13,535

 
57.36

 
 
Units settled
(117,488
)
 
45.78

 
6.7

Units deferred
(18,230
)
 
33.78

 
1.0

Units forfeited
(102,601
)
 
70.48

 
 
Outstanding as of October 25, 2013
1,066,916

 
$
60.35

 
 
Stock incentive plan performance shares
 
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Summary Stock Option Activity, Restricted Stock Unit Activity, And Performance Share Activity
A summary of performance share activity follows:
Dollars in millions, except per share data
Number of
Shares
 
Weighted-
Average
Grant Date
Fair Value
 
Aggregate
Intrinsic
Value
Outstanding as of October 29, 2010
762,611

 
$
36.57

 
 
Shares granted
75,000

 
80.69

 
 
Target adjustment
21,266

 
87.50

 
 
Shares distributed
(158,970
)
 
56.87

 
$
13.7

Shares forfeited
(30,158
)
 
35.20

 
 
Outstanding as of October 28, 2011
669,749

 
38.38

 
 
Shares granted
145,100

 
80.40

 
 
Target adjustment
(21,533
)
 
78.69

 
 
Shares distributed
(450,855
)
 
21.69

 
36.9

Shares forfeited
(4,246
)
 
55.17

 
 
Outstanding as of October 26, 2012
338,215

 
75.87

 
 
Shares granted
262,750

 
54.90

 
 
Target adjustment
(107,275
)
 
65.20

 
 
Shares distributed
(122,006
)
 
50.85

 
7.6

Shares forfeited
(27,295
)
 
67.57

 
 
Outstanding as of October 25, 2013
344,389

 
$
72.72