Stock-Based Compensation (Tables)

9 Months Ended

Mar. 29, 2013

Disclosure Of Compensation Related Costs Sharebased Payments [Abstract]

The following table summarizes activity under the Company’s stock option plans (in millions, except per share amounts and remaining contractual lives):


	Number of Shares			Weighted Average Exercise Price Per Share		Weighted Average Remaining Contractual Life (in years)		Aggregate Intrinsic Value
Options outstanding at June 29, 2012		15.8		$	21.89
Granted		3.0			43.10
Exercised		(2.2	)		16.18
Canceled or expired		(0.1	)		23.00

Options outstanding at September 28, 2012		16.5			26.52
Granted		0.1			37.04
Exercised		(1.2	)		18.56
Canceled or expired		(0.1	)		33.88

Options outstanding at December 28, 2012		15.3			27.14
Granted		0.2			48.51
Exercised		(1.6	)		22.22
Canceled or expired		(0.2	)		35.69

Options outstanding at March 29, 2013		13.7		$	27.95		4.5	$	306

Exercisable at March 29, 2013		6.1		$	21.63		3.2	$	175

Vested and expected to vest after March 29, 2013		13.5		$	27.76		4.5	$	303

Restricted Stock Unit

The following table summarizes RSU activity (in millions, except weighted average grant date fair value):


	Number of Shares			Weighted Average Grant-Date Fair Value
RSUs outstanding at June 29, 2012		3.7		$	33.19
Granted		1.5			43.06
Vested		(0.5	)		35.32

RSUs outstanding at September 28, 2012		4.7			36.12
Granted		0.1			35.56
Vested		(0.1	)		30.18

RSUs outstanding at December 28, 2012		4.7			35.24
Granted		0.1			48.56
Vested		(0.2	)		38.53
Forfeited		(0.2	)		35.73

RSUs outstanding at March 29, 2013		4.4		$	36.34

Expected to vest after March 29, 2013		4.2		$	36.26

Fair Value of Stock Options Granted

The fair value of stock options granted was estimated using the following weighted average assumptions:


	Three Months Ended		Nine Months Ended
	Mar. 29, 2013	Mar. 30, 2012	Mar. 29, 2013	Mar. 30, 2012
Suboptimal exercise factor	1.99	1.80	1.90	1.81
Range of risk-free interest rates	0.14% to 1.24%	0.19% to 1.61%	0.14% to 1.24%	0.12% to 1.61%
Range of expected stock price volatility	0.41 to 0.51	0.43 to 0.53	0.41 to 0.53	0.41 to 0.55
Weighted average expected volatility	0.46	0.48	0.49	0.48
Post-vesting termination rate	2.92%	2.51%	2.14%	2.62%
Dividend yield	1.99%	—	2.41%	—
Fair value	$17.31	$15.46	$15.67	$12.09