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Stock-Based Compensation (Tables)
12 Months Ended
Jun. 28, 2014
Fair Value Of Option Grants
he fair value of each option grant is estimated on the date of grant using the Black-Scholes option-pricing model and the following weighted average assumptions: 
 
2013
 
2012
Weighted average expected lives
6.0

 
7.0

Weighted average risk-free interest rates
0.95
%
 
1.37
%
Range of risk-free interest rates
0.94 - 1.03%

 
1.28 - 1.38%

Weighted average expected volatility
29.7
%
 
28.1
%
Range of expected volatility
29.7 - 30.0%

 
28.1 - 28.3%

Dividend yield
2.0
%
 
2.5
%
Fair Value of Option Grants - Monte Carlo [Table Text Block]
The fair value of performance-based awards pegged to market-based targets is estimated on the date of grant using a Monte Carlo simulation model containing the following assumptions:
 
2014
Range of risk-free interest rates
0.48 - 0.72%

Range of expected volatility
22.0 - 23.0%

Range of initial TSR
(3.8) - 6.6%

Dividend yield
%
Stock Option
 
Changes In Stock-Based Compensation Awards
A summary of the changes in stock options outstanding under the company's option plans during 2014 is presented below: 
Shares in thousands
Shares
 
Weighted Average Exercise Price
 
Weighted Average Remaining Contractual Term (Years)
 
Aggregate Intrinsic Value (in millions)
Options outstanding at June 29, 2013
5,855

 
$
25.59

 
6.3

 
$
44

Granted

 

 

 

Exercised
(1,381
)
 
26.76

 

 

Canceled/expired
(250
)
 
26.41

 

 

Options outstanding at June 28, 2014
4,224

 
$
25.17

 
5.7

 
$
156

Options exercisable at June 28, 2014
1,863

 
$
23.60

 
2.6

 
$
72

Value Of Stock-Based Compensation Awards
 
In millions except per share data
2014
 
2013
 
2012
Number of options exercisable at end of fiscal year
1,863

 
3,065

 
5,704

Weighted average exercise price of options exercisable at end of fiscal year
$
23.60

 
$
24.92

 
$
22.65

Weighted average grant date fair value of options granted during the fiscal year
$

 
$
6.08

 
$
6.35

Total intrinsic value of options exercised during the fiscal year
$
32.6

 
$
22.9

 
$
23.5

Fair value of options that vested during the fiscal year
$
1.0

 
$
0.3

 
$
16.9

Restricted Stock Units
 
Changes In Stock-Based Compensation Awards
The following is a summary of the changes in the stock unit awards outstanding under the company's benefit plans during 2014
Shares in thousands
Shares
 
Weighted Average Grant Date Fair Value
 
Weighted Average Remaining Contractual Term (Years)
 
Aggregate Intrinsic Value (in millions)
Nonvested share units at June 29, 2013
845

 
$
25.26

 
1.6

 
$
28

Granted
909

 
32.45

 

 

Vested
(42
)
 
24.77

 

 

Forfeited
(168
)
 
28.95

 

 

Nonvested share units at June 28, 2014
1,544

 
$
29.10

 
1.4

 
$
96

Exercisable share units at June 28, 2014
51

 
$
21.93

 
5.4

 
$
3

Value Of Stock-Based Compensation Awards
 
In millions except per share data
2014
 
2013
 
2012
Stock Unit Awards
 
 
 
 
 
Fair value of share-based units that vested during the fiscal year
$
1

 
$
4

 
$
88

Weighted average grant date fair value of share based units granted during the fiscal year
$
32.45

 
$
25.02

 
$
29.09

All Stock-Based Compensation
 
 
 
 
 
Total compensation expense
$
22

 
$
13

 
$
35

   Tax benefit on compensation expense
$
9

 
$
5

 
$
11