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Employee Stock and Benefit Plans (Tables)
12 Months Ended
Sep. 30, 2018
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 30, 2018
 
Oct 1, 2017
 
Oct 2, 2016
Options
$
28.0

 
$
44.3

 
$
42.7

RSUs
222.3

 
131.7

 
175.4

Total stock-based compensation expense recognized in the consolidated statements of earnings
$
250.3

 
$
176.0

 
$
218.1

Total related tax benefit
$
62.4

 
$
57.6

 
$
73.0

Total capitalized stock-based compensation included in net property, plant and equipment and inventories on the consolidated balance sheets
$
3.5

 
$
1.9

 
$
1.5

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 2018, 2017 and 2016:
 
Employee Stock Options
Granted During the Period
Fiscal Year Ended
2018
 
2017
 
2016
Expected term (in years)
3.6

 
3.9

 
3.9

Expected stock price volatility
20.5
%
 
21.6
%
 
23.9
%
Risk-free interest rate
2.1
%
 
1.5
%
 
1.2
%
Expected dividend yield
2.2
%
 
1.8
%
 
1.3
%
Weighted average grant price
$
56.56

 
$
56.12

 
$
60.20

Estimated fair value per option granted
$
7.32

 
$
8.56

 
$
10.54

Stock Option Transactions
Stock option transactions for the year ended September 30, 2018 (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, October 1, 2017
31.4

 
$
36.51

 
5.8
 
$
589

Granted
3.9

 
56.56

 
 
 
 
Exercised
(6.3
)
 
19.46

 
 
 
 
Expired/forfeited
(1.7
)
 
55.24

 
 
 
 
Outstanding, September 30, 2018
27.3

 
42.13

 
5.2
 
418

Exercisable, September 30, 2018
19.8

 
36.95

 
4.1
 
405

Vested and expected to vest, September 30, 2018
26.3

 
41.59

 
5.1
 
417

RSU Transactions
RSU transactions for the year ended September 30, 2018 (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, October 1, 2017
7.6

 
$
52.06

 
0.9
 
$
410

Granted
9.5

 
56.48

 
 
 
 
Vested
(3.3
)
 
50.18

 
 
 
 
Forfeited/canceled
(2.6
)
 
54.87

 
 
 
 
Nonvested, September 30, 2018
11.2

 
55.62

 
1.0
 
636