Employee Stock Plans

3 Months Ended

Jan. 02, 2022

Share-based Payment Arrangement [Abstract]

Employee Stock Plans

Employee Stock PlansAs of January 2, 2022, there were 34.4 million shares of common stock available for issuance pursuant to future equity-based compensation awards and 11.2 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 2, 2022		Dec 27, 2020
Restricted Stock Units (“RSUs”)	$	95.7	$	98.4
Options	0.1		0.9
Total stock-based compensation expense	$	95.8	$	99.3

Stock option and RSU transactions from October 3, 2021 through January 2, 2022 (in millions):

	Stock Options		RSUs
Options outstanding/Nonvested RSUs, October 3, 2021	5.2		7.7
Granted	—		3.5
Options exercised/RSUs vested	(0.6)		(3.2)
Forfeited/expired	—		(0.3)
Options outstanding/Nonvested RSUs, January 2, 2022	4.6		7.7
Total unrecognized stock-based compensation expense, net of estimated forfeitures, as of January 2, 2022	$	—	$	311.9