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Stock-Based Compensation Plans
 8 Months Ended
May 10, 2020
Share-based Payment Arrangement [Abstract]  
Stock-Based Compensation Plans
Note 8—Stock-Based Compensation
The 2019 Incentive Plan authorized the issuance of 17,500,000 shares (10,000,000 RSUs) of common stock for future grants, plus the remaining shares that were available for grant and the future forfeited shares from grants under the previous plan, up to a maximum aggregate of 27,800,000 shares (15,885,000 RSUs). The Company issues new shares of common stock upon vesting of RSUs. Shares for vested RSUs are generally delivered to participants annually, net of shares withheld for taxes.
Summary of Restricted Stock Unit Activity
At May 10, 2020, 13,576,000 shares were available to be granted as RSUs, and the following awards were outstanding:
•5,081,000 time-based RSUs, which vest upon continued employment over specified periods of time;
•30,000 performance-based RSUs, granted to executive officers of the Company, for which the performance targets have been met. The awards vest upon continued employment over specified periods of time; and
•123,000 performance-based RSUs, granted to executive officers of the Company, subject to achievement of performance targets for fiscal 2020, as determined by the Compensation Committee of the Board of Directors after the end of the fiscal year. These awards are included in the table below and the Company recognized compensation expense for these awards as it is currently deemed probable that the targets will be achieved.
The following table summarizes RSU transactions during the first thirty-six weeks of 2020:
Number of
Units
(in 000s)		Weighted-Average
Grant Date Fair
Value
Outstanding at September 1, 20196,496  $167.55  
Granted2,252  294.08  
Vested and delivered(3,362) 188.91  
Forfeited(152) 196.52  
Outstanding at May 10, 20205,234  $207.45  
The remaining unrecognized compensation cost related to nonvested RSUs at May 10, 2020, was $817, and the weighted-average period over which this cost will be recognized is 1.7 years.
Summary of Stock-Based Compensation
The following table summarizes stock-based compensation expense and the related tax benefits:
12 Weeks Ended36 Weeks Ended
May 10,
2020		May 12,
2019		May 10,
2020		May 12,
2019
Stock-based compensation expense
$88  $93  $508  $482  
Less recognized income tax benefit
18  20  105  104  
Stock-based compensation expense, net
$70  $73  $403  $378