LONG-TERM INCENTIVE COMPENSATION (Tables)

12 Months Ended

Jan. 02, 2016

Long-Term Incentive Compensation

Summary of stock-based compensation expense from continuing operations and the total recognized tax benefit related to this expense

(In millions)	2015		2014		2013
Stock-based compensation expense	$	26.3	$	28.3	$	32.3
Tax benefit		8.2		10.5		10.8

Schedule of weighted-average assumptions of options granted during the year

	2013
Risk-free interest rate		1.04	%
Expected stock price volatility		27.17	%
Expected dividend yield		3.40	%
Expected option term		6.2 years

Schedule 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 January 3, 2015	5,178.6		$	44.08	3.95	$	54.6
Exercised	(2,493.4	)		41.71
Forfeited or expired	(315.3	)		53.66
Outstanding at January 2, 2016	2,369.9		$	45.30	3.68	$	43.8
Options vested and expected to vest at January 2, 2016	2,365.7			45.33	3.68		43.7
Options exercisable at January 2, 2016	2,189.0		$	46.52	3.48	$	38.0

Performance Units (PUs)

Stock-Based Compensation

Information related to awarded PUs

	Number of PUs (in thousands)			Weighted- average grant-date fair value
Unvested at January 3, 2015		689.9		$	40.16
Granted at target		164.5			51.37
Adjustment for above-target performance (1)		23.1			34.43
Vested		(355.0	)		34.36
Forfeited/cancelled		(75.4	)		45.52
Unvested at January 2, 2016		447.1		$	47.63

(1) Reflects awards granted in excess of target as a result of our achieving above-target performance for the 2012-2014 performance period.

Market-leveraged stock units (MSUs)

Stock-Based Compensation

Information related to awarded MSUs

	Number of MSUs (in thousands)			Weighted- average grant-date fair value
Unvested at January 3, 2015		551.8		$	52.18
Granted at target		329.4			56.46
Adjustment for above-target performance (1)		47.6			51.58
Vested		(195.4	)		50.15
Forfeited/cancelled		(127.3	)		54.28
Unvested at January 2, 2016		606.1		$	55.04

(1) Reflects adjustment as a result of achieving above-target performance for vesting of the tranches paid out in 2015.

Restricted Stock Units (RSUs)

Stock-Based Compensation

Summary of information related to awarded RSUs

	Number of RSUs (in thousands)			Weighted- average grant-date fair value
Unvested at January 3, 2015		388.0		$	32.70
Granted		128.3			53.29
Vested		(243.7	)		34.37
Forfeited/cancelled		(58.0	)		40.79
Unvested at January 2, 2016		214.6		$	40.96