Share-Based Compensation (Tables)

6 Months Ended

Jul. 28, 2012

Estimate of Fair Value of Option Award using Black-Scholes Option Valuation Model

The Black-Scholes option valuation model was used to estimate the fair value of each option award during the first six months of the respective fiscal year based on the following assumptions:

	2012			2011
Dividend yield		2.6	%		1.8	%
Volatility		33.7	%		33.0	%
Risk-free interest rate		1.0	%		2.2	%
Expected life in years		5.5			5.5
Weighted average fair value at grant date	$	11.64		$	14.85

Summary Of Stock Option Activity

The following table summarizes our stock option activity for the first six months of 2012 and 2011:

	2012					2011
	Shares			Weighted Average Exercise Price		Shares			Weighted Average Exercise Price
	(Shares in Thousands)
Balance at beginning of year		16,564		$	53.41		17,869		$	53.17
Granted		1,135			48.37		909			53.04
Exercised		(519	)		34.57		(1,002	)		43.41
Forfeited/expired		(543	)		59.21		(654	)		62.87
Balance at end of quarter		16,637		$	53.46		17,122		$	53.36

Summary Of Nonvested Stock Activity

The following table summarizes our nonvested stock activity for the first six months of 2012 and 2011:

	2012					2011
	Shares			Weighted Average Grant Date Fair Value		Shares			Weighted Average Grant Date Fair Value
	(Shares in Thousands)
Balance at beginning of year		1,946		$	51.11		1,116		$	49.30
Granted		799			48.36		1,141			52.48
Vested		(409	)		49.57		(266	)		49.31
Forfeited		(104	)		49.30		(17	)		52.84
Balance at end of quarter		2,232		$	50.49		1,974		$	51.11