Shareholders' Equity

12 Months Ended

Dec. 31, 2011

Stockholders' Equity Note [Abstract]

Shareholders' Equity

Shareholders’ Equity

Under the authority of our Board of Directors, we repurchased shares of our Common Stock during 2011 and 2010.  All amounts exclude applicable transaction fees.  There were no shares of our Common Stock repurchased during 2009.

	Shares Repurchased (thousands)					Dollar Value of Shares Repurchased
Authorization Date	2011		2010		2009	2011			2010			2009
November 2011	—		—		—	$	—		$	—		$	—
January 2011	10,864		—		—	562			—			—
March 2010	3,441		2,161		—	171			107			—
September 2009	—		7,598		—	—			283			—
Total	14,305	(a)	9,759	(a)	—	$	733	(a)	$	390	(a)	$	—

(a) 2011 amount excludes and 2010 amount includes the effect of $19 million in share repurchases (0.4 million shares) with trade dates prior to the 2010 fiscal year end but cash settlement dates subsequent to the 2010 fiscal year.

As of December 31, 2011, we have $188 million available for future repurchases under our January 2011 share repurchase authorization.  Additionally, on November 18, 2011, our Board of Directors authorized share repurchases through May 2013 of up to $750 million (excluding applicable transaction fees) of our outstanding Common Stock. No shares have been repurchased under the November 2011 authorization as of December 31, 2011.

Accumulated Other Comprehensive Income (Loss) – Comprehensive income is Net Income plus certain other items that are recorded directly to Shareholders’ Equity.  The following table gives further detail regarding the composition of accumulated other comprehensive loss at December 31, 2011 and December 25, 2010.  Refer to Note 14 for additional information about our pension and post-retirement plan accounting and Note 12 for additional information about our derivative instruments.

	2011			2010
Foreign currency translation adjustment	$	140		$	55
Pension and post-retirement losses, net of tax	(375		)	(269		)
Net unrealized losses on derivative instruments, net of tax	(12		)	(13		)
Total accumulated other comprehensive loss	$	(247	)	$	(227	)