Employee Stock Plans

3 Months Ended

Jan. 01, 2017

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

As of January 1, 2017, there were 71.3 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 13.7 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
	Jan 1, 2017		Dec 27, 2015
Options	$	14.9	$	15.5
Restricted Stock Units (“RSUs”)	40.1		41.8
Total stock-based compensation expense	$	55.0	$	57.3

Stock option and RSU transactions from October 2, 2016 through January 1, 2017 (in millions):



	Stock Options			RSUs
Options outstanding/Nonvested RSUs, October 2, 2016	31.3			8.3
Granted	6.7			4.7
Options exercised/RSUs vested	(1.8		)	(3.6		)
Forfeited/expired	(0.5		)	(0.4		)
Options outstanding/Nonvested RSUs, January 1, 2017	35.7			9.0
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of January 1, 2017	$	66.5		$	235.0

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details