XML 59 R36.htm IDEA: XBRL DOCUMENT v2.4.0.8
Share-Based Payments (Tables)
12 Months Ended
Sep. 28, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Employee Service Share-based Compensation, Allocation of Recognized Period Costs [Table Text Block]
Share-based payment expense was included in the following line items on the Consolidated Statements of Operations for the fiscal years indicated (in millions):
 
2014

 
2013

 
2012

Cost of goods sold and occupancy costs
$
2

 
$
2

 
$
2

Direct store expenses
34

 
32

 
22

General and administrative expenses
32

 
23

 
18

Share-based payment expense before income taxes
68

 
57

 
42

Income tax benefit
(26
)
 
(22
)
 
(16
)
Net share-based payment expense
$
42

 
$
35

 
$
26

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]
The following table summarizes stock option activity (in millions, except per share amounts and contractual lives in years):
 
Number
of options
outstanding
 
Weighted
average
exercise price
 
Weighted
average
remaining
contractual life
 
Aggregate
intrinsic
value
Outstanding options at September 25, 2011
27.3

 
$
24.50

 
 
 
 
Options granted
7.2

 
44.23

 
 
 
 
Options exercised
(13.7
)
 
26.44

 
 
 
 
Options expired
(0.1
)
 
25.10

 
 
 
 
Options forfeited
(0.7
)
 
28.32

 
 
 
 
Outstanding options at September 30, 2012
20.0

 
$
30.17

 
 
 
 
Options granted
4.3

 
51.33

 
 
 
 
Options exercised
(4.1
)
 
20.52

 
 
 
 
Options expired
(0.1
)
 
18.86

 
 
 
 
Options forfeited
(0.9
)
 
37.20

 
 
 
 
Outstanding options at September 29, 2013
19.2

 
$
36.90

 
 
 
 
Options granted
5.3

 
40.25

 
 
 
 
Options exercised
(1.5
)
 
24.13

 
 
 
 
Options expired
(0.1
)
 
36.10

 
 
 
 
Options forfeited
(0.6
)
 
42.32

 
 
 
 
Outstanding options at September 28, 2014
22.3

 
$
38.37

 
4.81
 
$
93

Vested/expected to vest at September 28, 2014
21.2

 
$
38.15

 
4.53
 
$
92

Exercisable options at September 28, 2014
9.3

 
$
32.70

 
3.75
 
$
78

Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]
A summary of stock options outstanding and exercisable at September 28, 2014 follows (share amounts in millions):
Range of Exercise Prices
 
Options Outstanding
 
Options Exercisable
From
 
To
 
Number
of options
outstanding
 
Weighted
average
exercise price
 
Weighted average
remaining
life (in years)
 
Number
of options
exercisable
 
Weighted
average
exercise price
$
9.45

 
$
18.49

 
1.0

 
$
9.59

 
1.65
 
1.0

 
$
9.56

20.42

 
28.50

 
2.4

 
20.43

 
3.30
 
2.1

 
20.42

31.25

 
38.50

 
8.1

 
34.81

 
5.22
 
2.4

 
31.25

40.81

 
46.28

 
6.2

 
44.29

 
4.62
 
2.8

 
44.26

51.25

 
59.15

 
4.6

 
51.93

 
5.79
 
1.0

 
51.86


 
 
 
22.3

 
$
38.37

 
4.81
 
9.3

 
$
32.70

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]
The fair value of stock option grants has been estimated at the date of grant using the Black-Scholes option pricing model with the following weighted average assumptions:
 
2014

 
2013

 
2012

Expected dividend yield
0.950
%
 
0.880
%
 
0.800
%
Risk-free interest rate
1.18
%
 
0.77
%
 
0.58
%
Expected volatility
30.96
%
 
31.25
%
 
40.89
%
Expected life, in years
4.04

 
3.96

 
4.14