Stock-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2011

Schedule Of Weighted-Average Black-Scholes Fair Value Assumptions


	2011			2010			2009
Expected life		6 yrs.			5 yrs.			6 yrs.
Risk-free interest rate		2.5	%		2.3	%		2.8	%
Expected volatility		16	%		17	%		17	%
Expected dividend yield		2.9	%		2.8	%		3.0	%

Stock-Based Compensation Activity


	Options^(a)			Average Price^(b)		Average Life (years)^(c)		Aggregate Intrinsic Value^(d)
Outstanding at December 25, 2010		106,203		$	54.03
Granted		7,150		$	64.31
Exercised		(19,980	)	$	47.74
Forfeited/expired		(2,298	)	$	65.73

Outstanding at December 31, 2011		91,075		$	55.92		5.07	$	932,748

Exercisable at December 31, 2011		58,708		$	53.86		4.94	$	725,781

(a)	Options are in thousands and include options previously granted under PBG, PAS and Quaker legacy plans. No additional options or shares may be granted under the PBG, PAS and Quaker plans.

(b)	Weighted-average exercise price.

(c)	Weighted-average contractual life remaining.

(d)	In thousands.

Restricted Stock Units Activity


	RSUs^(a)			Average Intrinsic Value^(b)		Average Life (years)^(c)		Aggregate Intrinsic Value^(d)
Outstanding at December 25, 2010		10,662		$	63.27
Granted		5,333		$	63.87
Converted		(2,610	)	$	65.81
Forfeited/expired		(1,045	)	$	63.71

Outstanding at December 31, 2011		12,340		$	62.96		1.57	$	818,776

(a)	RSUs are in thousands and include RSUs previously granted under a PBG plan. No additional RSUs or shares may be granted under the PBG plan.

(b)	Weighted-average intrinsic value at grant date.

(c)	Weighted-average contractual life remaining.

(d)	In thousands.

Other Stock-Based Compensation Data


	2011		2010		2009
*Stock Options*
Weighted-average fair value of options granted	$	7.79	$	13.93	$	7.02
Total intrinsic value of options exercised^(a)	$	385,678	$	502,354	$	194,545

*RSUs*
Total number of RSUs granted^(a)		5,333		8,326		2,653
Weighted-average intrinsic value of RSUs granted	$	63.87	$	65.01	$	53.22
Total intrinsic value of RSUs converted^(a)	$	173,433	$	202,717	$	124,193

(a)	In thousands.

- Definition

Tabular disclosure of components of a stock option or other award plan under which equity-based compensation is awarded to employees, typically comprised of the amount of unearned compensation (deferred compensation cost), compensation expense, and changes in the quantity and fair value of the shares (or other type of equity) granted, exercised, forfeited, and issued and outstanding pertaining to that plan. Disclosure may also include nature and general terms of such arrangements that existed during the period and potential effects of those arrangements on shareholders, effect of compensation cost arising from equity-based payment arrangements on the income statement, method of estimating the fair value of the goods or services received, or the fair value of the equity instruments granted, during the period, cash flow effects resulting from equity-based payment arrangements and, for registrants that accelerate vesting of out of the money share options, reasons for the decision to accelerate.

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