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Employee Stock and Benefit Plans (Tables)
12 Months Ended
Sep. 28, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Expense Recognized in the Consolidated Financial Statements
Stock-based compensation expense recognized in the consolidated financial statements (in millions):
Fiscal Year Ended
Sep 28, 2014
 
Sep 29, 2013
 
Sep 30, 2012
Options
$
41.8

 
$
37.1

 
$
46.2

RSUs
141.4

 
105.2

 
107.4

Total stock-based compensation expense recognized in the consolidated statements of earnings
$
183.2

 
$
142.3

 
$
153.6

Total related tax benefit
$
63.4

 
$
49.8

 
$
54.2

Total capitalized stock-based compensation included in net property, plant and equipment and inventories on the consolidated balance sheets
$
1.9

 
$
1.8

 
$
2.0

Employee Stock Options Granted During the Period, Valuation Assumptions
The fair value of stock option awards was estimated at the grant date with the following weighted average assumptions for fiscal years 2014, 2013, and 2012:
 
Employee Stock Options
Granted During the Period
Fiscal Year Ended
2014
 
2013
 
2012
Expected term (in years)
4.5

 
4.8

 
4.8

Expected stock price volatility
26.8
%
 
34.0
%
 
38.2
%
Risk-free interest rate
1.1
%
 
0.7
%
 
1.0
%
Expected dividend yield
1.3
%
 
1.6
%
 
1.5
%
Weighted average grant price
$
80.23

 
$
51.23

 
$
44.26

Estimated fair value per option granted
$
16.72

 
$
12.88

 
$
12.79

Stock Option Transactions
Stock option transactions for the year ended September 28, 2014 (in millions, except per share and contractual life amounts):
 
Shares
Subject to
Options
 
Weighted
Average
Exercise
Price
per Share
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Aggregate
Intrinsic
Value
Outstanding, September 29, 2013
22.0

 
$
29.11

 
6.0
 
$
1,060

Granted
3.1

 
80.23

 
 
 
 
Exercised
(4.8
)
 
24.27

 
 
 
 
Expired/forfeited
(0.5
)
 
51.80

 
 
 
 
Outstanding, September 28, 2014
19.8

 
37.86

 
5.8
 
754

Exercisable, September 28, 2014
12.7

 
25.32

 
4.4
 
631

Vested and expected to vest, September 28, 2014
19.2

 
36.89

 
5.7
 
747

RSU Transactions
RSU transactions for the year ended September 28, 2014 (in millions, except per share and contractual life amounts):
 
Number
of
Shares
 
Weighted
Average
Grant Date
Fair Value
per Share
 
Weighted
Average
Remaining
Contractual
Life (Years)
 
Aggregate
Intrinsic
Value
Nonvested, September 29, 2013
5.8

 
$
44.08

 
0.9
 
$
452

Granted
2.9

 
80.13

 
 
 
 
Vested
(2.6
)
 
40.08

 
 
 
 
Forfeited/canceled
(0.7
)
 
65.59

 
 
 
 
Nonvested, September 28, 2014
5.4

 
62.34

 
1.0
 
407