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LONG-TERM INCENTIVE COMPENSATION (Tables)
12 Months Ended
Dec. 29, 2012
SHAREHOLDERS' EQUITY  
Summary of stock-based compensation expense from continuing operations and the total recognized tax benefit
(in millions)
  2012
  2011
  2010
 
   

Stock-based compensation expense

  $ 36.3   $ 37.1   $ 31.4  

Tax benefit

    12.6     13.6     11.9  
   
Weighted average assumptions of options granted during the year
 
  2012
  2011
  2010
 
   

Risk-free interest rate

    1.82 %   2.22 %   2.61 %

Expected stock price volatility

    32.81 %   30.70 %   31.99 %

Expected dividend yield

    3.30 %   2.76 %   2.51 %

Expected option term

    6.0 years     6.2 years     6.0 years  
   
Summary of stock option activity
 
  Number
of options
(in thousands)

  Weighted-average
exercise price

  Weighted-average
remaining
contractual life
(in years)

  Aggregate
intrinsic value
(in millions)

 
   

Outstanding at December 31, 2011

  11,345.7   $ 46.27   5.67   $ 12.0  

Granted

  1,572.2     30.56            

Exercised

  (438.9 )   23.26            

Forfeited or expired

  (1,102.1 )   56.99            
   

Outstanding at December 29, 2012

  11,376.9   $ 43.93   5.59   $ 28.0  

Options vested and expected to vest at December 29, 2012

  10,772.5     44.58   5.44     25.8  

Options exercisable at December 29, 2012

  7,821.6   $ 49.14   4.39   $ 15.0  
   
Information about awarded PUs
 
  Number of
PUs
(in thousands)

  Weighted-
average
grant-date
fair value

 
   

Unvested at December 31, 2011

    907.7   $ 27.20  

Granted at target

    498.7     34.43  

Vested

    (11.3 )   28.86  

Forfeited/cancelled

    (393.9 )   15.98  
   

Unvested at December 29, 2012

    1,001.2   $ 35.20  
   
Information about awarded RSUs
 
  Number of
RSUs
(in thousands)

  Weighted-
average
grant-date
fair value

 
   

Unvested at December 31, 2011

  1,119.2   $ 31.26  

Granted

  771.3     27.88  

Vested

  (409.7 )   30.43  

Forfeited

  (128.6 )   30.23  
   

Unvested at December 29, 2012

  1,352.2   $ 29.68