XML 47 R36.htm IDEA: XBRL DOCUMENT
v3.5.0.2

Share-Based Compensation (Tables) | 9 Months Ended
--- | ---
Oct. 01, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Weighted-Average Assumptions Used for Grants of Stock Options and SARs | The following table shows the weighted-average assumptions used for grants of SARs as well as the fair value based on those assumptions:
| Nine Months Ended
| October 1, 2016 |  | October 3, 2015
Expected dividend yield | 0% |  | 0%
Forfeiture rate | 9.01% |  | 10.24%
Volatility | 43.14% |  | 33.98%
Risk free interest rate | 1.29% |  | 1.53%
Range of interest rates | 0.25% - 1.75% |  |  | 0.02% - 2.14% |
Expected weighted-average life | 5.33 years |  | 5.32 years
Fair value of SARs granted (in millions) | $ | 12 |  |  | $ | 12 |
Weighted-average grant date fair value of SARs granted (per underlying share) | $ | 20.06 |  |  | $ | 35.25 |
Summary of Stock Awards Activity | The following table summarizes the stock awards activity:
| Nine Months Ended October 1, 2016
Stock Awards | Shares |  | Weighted- Average Exercise Price
Outstanding at beginning of period | 1,397,611 |  |  | $ | 56.68 |
Granted | 618,866 |  |  | 51.83 |
Exercised | (58,384 | ) |  | 39.71 |
Forfeited | (52,858 | ) |  | 65.26 |
Expired | (5,577 | ) |  | 81.27 |
Outstanding at end of period | 1,899,658 |  |  | 55.22 |
Exercisable at end of period | 933,358 |  |  | 43.92 |
Intrinsic value of exercised SARs (in millions) | $ | 2 |  |  |
Schedule of Outstanding and Exercisable Options | The following table summarizes information about stock awards outstanding at October 1, 2016:
| Outstanding |  | Exercisable
Aggregate intrinsic value (in millions) | $ | 26 |  |  | $ | 20 |
Weighted-average remaining contractual term | 7.1 years |  | 5.2 years
Summary of Restricted Stock Award Activity | A summary of the status of the Company's restricted stock awards, restricted stock units, performance stock awards and performance stock units activity was as follows:
| Nine Months Ended October 1, 2016
Restricted Stock Awards and Units | Shares |  | Weighted-Average Grant Date Fair Value
Outstanding at beginning of period | 605,193 |  |  | $ | 77.82 |
Granted |  |  |  |  |
Restricted Stock Awards | 381,278 |  |  | 51.60 |
Restricted Stock Units | 31,194 |  |  | 51.42 |
Total shares granted | 412,472 |  |  |  |
Released | (234,402 | ) |  | 56.46 |
Forfeited | (28,112 | ) |  | 79.34 |
Outstanding at end of period | 755,151 |  |  | 70.25 |
Summary of Performance Share Award Activity |
| Nine Months Ended October 1, 2016
Performance Stock Awards and Units | Shares |  | Weighted-Average Grant Date Fair Value
Outstanding at beginning of period | 341,703 |  |  | $ | 73.30 |
Granted |  |  |  |
Performance Stock Awards | 178,378 |  |  | 50.34 |
Performance Stock Units | — |  |  |
Total shares granted | 178,378 |  |  |
Released | (111,325 | ) |  | 46.58 |
Forfeited | (6,819 | ) |  | 74.22 |
Outstanding at end of period | 401,937 |  |  | 70.44 |

X
- References No definition available. + Details
Name: | us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average grant date fair value for restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock units that were granted, vested, or forfeited during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationRestrictedStockUnitsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock appreciation rights awards that were outstanding at the beginning and end of the year, and the number of stock appreciation rights awards that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the number and weighted-average exercise prices (or conversion ratios) for stock options and stock appreciation rights that were outstanding at the beginning and end of the year, exercisable at the end of the year, and the number of stock options and stock appreciation rights that were granted, exercised or converted, forfeited, and expired during the year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedCompensationStockOptionsAndStockAppreciationRightsAwardActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
Name: | us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration