Stock-Based Compensation

3 Months Ended

Jul. 01, 2016

Stock-based compensation expense

The following table sets forth the stock-based compensation expense recognized in our Condensed Consolidated Statements of Income:



	Three Months Ended
	July 1, 2016			July 3, 2015
	(Dollars in millions)
Cost of revenues	$	3		$	2
Sales and marketing	14			11
Research and development	15			12
General and administrative	17			10
Total stock-based compensation expense	49			35
Tax benefit associated with stock-based compensation expense	(15		)	(10		)
Net stock-based compensation expense from continuing operations	34			25
Net stock-based compensation expense from discontinued operations	—			14
Net stock-based compensation expense	$	34		$	39

Restricted stock units

The following table summarizes additional information related to our stock-based compensation from restricted stock units, which are our primary equity awards:



	Three Months Ended
	July 1, 2016		July 3, 2015
	(In millions, except per grant data)
Weighted-average fair value per grant	$	17.30	$	23.92
Awards granted	8.5		10.7
Total fair value of awards vested	$	77	$	116
Total unrecognized compensation expense	$	273	$	501
Weighted-average remaining vesting period	2.2 years		2.5 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.

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