Employee Stock Plans

9 Months Ended

Jun. 28, 2015

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

Employee Stock Plans

Employee Stock Plans

As discussed in Note 1, Summary of Significant Accounting Policies, on April 9, 2015, we effected a two-for-one stock split of our $0.001 par value common stock for shareholders of record as of March 30, 2015. All share and per-share data presented in this note has been retroactively adjusted to reflect this stock split.

As of June 28, 2015, there were 96.0 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 14.4 million shares available for issuance under our employee stock purchase plan.

Stock-based compensation expense recognized in the consolidated statements of earnings (in millions):

	Quarter Ended				Three Quarters Ended
	Jun 28, 2015		Jun 29, 2014		Jun 28, 2015		Jun 29, 2014
Options	$	8.3	$	9.9	$	28.9	$	32.4
Restricted Stock Units (“RSUs”)	43.7		41.1		127.3		110.2
Total stock-based compensation	$	52.0	$	51.0	$	156.2	$	142.6

Stock option and RSU transactions from September 28, 2014 through June 28, 2015 (in millions):

	Stock Options			RSUs
Options outstanding/Nonvested RSUs, September 28, 2014	39.6			10.8
Granted	6.3			6.4
Options exercised/RSUs vested	(8.8		)	(5.0		)
Forfeited/expired	(1.0		)	(1.3		)
Options outstanding/Nonvested RSUs, June 28, 2015	36.1			10.9
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of June 28, 2015	$	39.2		$	156.1