Stock-Based Compensation (Tables)

9 Months Ended

Nov. 26, 2011

Stock-Based Compensation

Schedule of the assumptions used to estimate the Black-Scholes fair value of stock options granted

	Nine Months Ended
Black-Scholes Valuation Assumptions (1)	November 26, 2011		November 27, 2010
Weighted Average Expected Life (in years) (2)	6.2		6.1
Weighted Average Expected Volatility (3)	30.59	%	33.70	%
Weighted Average Risk Free Interest Rates (4)	2.34	%	2.56	%
Expected Dividend Yield	—		—

(1) Forfeitures are estimated based on historical experience.

(2) The expected life of stock options is estimated based on historical experience.

(3) Expected volatility is based on the average of historical and implied volatility. The historical volatility is determined by observing actual prices of the Company’s stock over a period commensurate with the expected life of the awards. The implied volatility represents the implied volatility of the Company’s call options, which are actively traded on multiple exchanges, had remaining maturities in excess of twelve months, had market prices close to the exercise prices of the employee stock options and were measured on the stock option grant date.

(4) Based on the U.S. Treasury constant maturity interest rate whose term is consistent with the expected life of the stock options.

Schedule of changes in the Company's stock options

Changes in the Company’s stock options for the nine months ended November 26, 2011 were as follows:

(Shares in thousands)	Number of Stock Options		Weighted Average Exercise Price
Options outstanding, beginning of period	10,135		$	37.08
Granted	519		56.19
Exercised	(4,395	)	36.80
Forfeited or expired	(8	)	36.67
Options outstanding, end of period	6,251		$	38.86
Options exercisable, end of period	4,255		$	37.78

Schedule of changes in the Company's restricted stock

Changes in the Company’s restricted stock for the nine months ended November 26, 2011 were as follows:

(Shares in thousands)	Number of Restricted Shares		Weighted Average Grant-Date Fair Value
Unvested restricted stock, beginning of period	4,575		$	35.58
Granted	874		55.91
Vested	(832	)	35.91
Forfeited	(125	)	38.04
Unvested restricted stock, end of period	4,492		$	39.41