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Stock-Based Compensation Plans
 3 Months Ended
Nov. 24, 2013
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation Plans
Note 6—Stock-Based Compensation Plans
In the second quarter of fiscal 2012, the Fifth Restated 2002 Stock Incentive Plan was amended following shareholder approval and is now referred to as the Sixth Restated 2002 Stock Incentive Plan (Sixth Plan). The Sixth Plan initially authorized the issuance of 16,000,000 shares (9,143,000 RSUs) of common stock for future grants in addition to shares authorized under the previous plan. Each RSU is counted as 1.75 shares toward the limit of shares available. The Company issues new shares of common stock upon exercise of stock options and upon vesting of RSUs. Shares for vested RSUs are generally delivered to participants annually, net of shares equal to the minimum statutory withholding taxes.

Summary of Restricted Stock Unit Activity
At November 24, 2013, 7,775,000 shares were available to be granted as RSUs and the following awards were outstanding:
•
8,733,000 time-based RSUs that vest upon continued employment over specified periods of time;
•
343,000 performance-based RSUs granted to certain executive officers of the Company for which the performance targets have been met. Further restrictions lapse upon achievement of continued employment over specified periods of time; and
•
269,000 performance-based RSUs to be granted to executive officers of the Company upon achievement of performance targets for fiscal 2014, as determined by the Compensation Committee of the Board of Directors after the end of the fiscal year. These awards are not included in the table below.

The following table summarizes RSU transactions during the first quarter of 2014:
 
Number of
Units
(in 000’s)
 
Weighted-Average
Grant Date Fair
Value
Outstanding at September 1, 2013
10,081

 
$
72.52

Granted
3,187

 
113.12

Vested and delivered
(4,135
)
 
71.00

Forfeited
(57
)
 
74.19

Outstanding at November 24, 2013
9,076

 
$
85.80


The remaining unrecognized compensation cost related to non-vested RSUs at November 24, 2013 was $748 and the weighted-average period of time over which this cost will be recognized is 1.9 years.
Summary of Stock Option Activity
All outstanding stock options were fully vested and exercisable at November 24, 2013 and September 1, 2013. The following table summarizes stock option transactions:
 
Number Of
Options
(in 000’s)
 
Weighted-
Average
Exercise
Price
 
Weighted-
Average
Remaining
Contractual
Term
(in years)
 
Aggregate
Intrinsic
Value(1)
Outstanding at September 1, 2013
1,947

 
$
39.70

 
 
 
 
Exercised
(131
)
 
37.79

 
 
 
 
Outstanding at November 24, 2013
1,816

 
$
39.84

 
1.18
 
$
155

 _______________
(1)
The difference between the exercise price and market value of common stock at November 24, 2013. 
The tax benefits realized, derived from the compensation deductions resulting from the option exercises, and intrinsic value related to total stock options exercised are provided in the following table:
 
12 Weeks Ended
 
November 24,
2013
 
November 25,
2012
Actual tax benefit realized for stock options exercised
$
4

 
$
6

Intrinsic value of stock options exercised(1)
$
11

 
$
15

_______________
(1) The difference between the exercise price and market value of common stock measured at each exercise date.
Summary of Stock-Based Compensation
The following table summarizes stock-based compensation expense and the related tax benefits under the Company’s plans:
 
12 Weeks Ended
 
November 24,
2013
 
November 25,
2012
Stock-based compensation expense before income taxes
$
112

 
$
93

Less recognized income tax benefit
(38
)
 
(31
)
Stock-based compensation expense, net of income taxes
$
74

 
$
62