Equity-Based Compensation

3 Months Ended

Dec. 29, 2012

Equity-Based Compensation

10. Equity-Based Compensation

Compensation expense related to stock options, stock appreciation rights and restricted stock units (RSUs) is as follows:

	Quarter Ended
	December 29, 2012		December 31, 2011
Stock options/rights (1)	$	25	$	31
RSUs	76		73
Total equity-based compensation expense (2)	$	101	$	104
Equity-based compensation expense capitalized during the period	$	14	$	13

⁽¹⁾  Includes stock appreciation rights.

⁽²⁾  Equity-based compensation expense is net of capitalized equity-based compensation and excludes amortization of previously capitalized equity-based compensation costs. Amortization of previously capitalized equity-based compensation was $24 million and $9 million for the quarters ended December 29, 2012 and December 31, 2011, respectively.

Unrecognized compensation cost related to unvested stock options/rights and RSUs totaled approximately $129 millionand $493 million, respectively, as of December 29, 2012.

The weighted average grant date fair values of options issued during the quarters ended December 29, 2012 and December 31, 2011 were $12.19 and $9.42, respectively.

In January 2013, the Company made equity compensation grants consisting of 8.5 million stock options and 6.8 million RSUs, of which 0.4 million RSUs included market and/or performance conditions.