Share-Based Compensation (Tables)

3 Months Ended

Mar. 29, 2014

Share-Based Compensation

Compensation expense included in net income

	Three Months Ended
(In millions)	March 29, 2014			March 30, 2013
Compensation expense	$	34		$	30
Income tax benefit	(12		)	(11		)
Total net compensation expense	$	22		$	19

Weighted average fair value of stock options and assumptions used in option-pricing model

	Three Months Ended
	March 29, 2014		March 30, 2013
Fair value of options at grant date	$	12.72	$	9.69
Dividend yield	0.2%		0.3%
Expected volatility	34.5%		37.0%
Risk-free interest rate	1.5%		0.9%
Expected term (in years)	5.0		5.5

Stock option activity

(Options in thousands)	Number of Options		Weighted- Average Exercise Price
Outstanding at beginning of period	9,018		$	27.57
Granted	1,753		39.70
Exercised	(648	)	26.05
Canceled, expired or forfeited	(238	)	40.50
Outstanding at end of period	9,885		$	29.51
Exercisable at end of period	5,799		$	26.94

Restricted Stock Units

Share-based Compensation Arrangement by Share-based Payment Award

Unit period activity, Nonvested, Weighted average grant date fair value

	Units Payable in Stock				Units Payable in Cash
(Shares/Units in thousands)	Number of Shares		Weighted- Average Grant Date Fair Value		Number of Units		Weighted- Average Grant Date Fair Value
Outstanding at beginning of year, nonvested	780		$	27.56	2,025		$	23.73
Granted	192		39.70		419		39.70
Vested	(42	)	26.27		(481	)	15.61
Forfeited	(15	)	28.12		(88	)	27.05
Outstanding at end of period, nonvested	915		$	30.21	1,875		$	29.22

Fair value of awards vested and cash paid during respective periods

	Three Months Ended
(In millions)	March 29, 2014		March 30, 2013
Fair value of awards vested	$	20	$	21
Cash paid	19		18

Performance share units

Share-based Compensation Arrangement by Share-based Payment Award

Unit period activity, Nonvested, Weighted average grant date fair value

(Units in thousands)	Number of Units		Weighted- Average Grant Date Fair Value
Outstanding at beginning of year, nonvested	895		$	28.08
Granted	296		39.70
Forfeited	(46	)	28.20
Outstanding at end of period, nonvested	1,145		$	31.08