Stock-Based Compensation

6 Months Ended

Oct. 28, 2011

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Stock-based Compensation

Note 17 – Stock-Based Compensation

Under the fair value recognition provisions of U.S. GAAP for accounting for stock-based compensation, the Company measures stock-based compensation expense at the grant date based on the fair value of the award and recognizes the compensation expense over the requisite service period, which is generally the vesting period.

The following table presents the components and classification of stock-based compensation expense recognized for the three and six months endedOctober 28, 2011 and October 29, 2010:

	Three months ended				Six months ended
	October 28,		October 29,		October 28,		October 29,
(in millions)	2011		2010		2011		2010
Stock options	$	21	$	28	$	36	$	50
Restricted stock awards/units		25		24		47		47
Employee stock purchase plan		3		3		7		7
Total stock-based compensation expense	$	49	$	55	$	90	$	104
Cost of products sold	$	4	$	6	$	7	$	12
Research and development expense		9		14		16		26
Selling, general, and administrative expense		36		35		67		66
Total stock-based compensation expense	$	49	$	55	$	90	$	104
Income tax benefits		(15)		(16)		(26)		(30)
Total stock-based compensation expense, net of tax	$	34	$	39	$	64	$	74