XML 13 R16.htm IDEA: XBRL DOCUMENT
v3.20.1

Benefit Plans | 6 Months Ended
--- | ---
Mar. 28, 2020
Share-based Payment Arrangement [Abstract] |
Benefit Plans | Benefit Plans Stock Plans The Company had 193.7 million shares reserved for future issuance under its stock plans as of March 28, 2020. Restricted stock units (“RSUs”) granted under the Company’s stock plans generally vest over four years, based on continued employment, and are settled upon vesting in shares of the Company’s common stock on a one-for-one basis. RSUs granted under the Company’s stock plans reduce the number of shares available for grant under the plans by a factor of two times the number of RSUs granted. RSUs canceled and shares withheld to satisfy tax withholding obligations increase the number of shares available for grant under the plans utilizing a factor of two times the number of RSUs canceled or shares withheld. Rule 10b5-1 Trading Plans During the three months ended March 28, 2020, Section 16 officers Timothy D. Cook, Chris Kondo, Luca Maestri, Deirdre O’Brien and Jeffrey Williams had equity trading plans in place in accordance with Rule 10b5-1(c)(1) under the Exchange Act. An equity trading plan is a written document that pre-establishes the amounts, prices and dates (or formula for determining the amounts, prices and dates) of future purchases or sales of the Company’s stock, including shares acquired under the Company’s employee and director equity plans. Restricted Stock Units A summary of the Company’s RSU activity and related information for the six months ended March 28, 2020 is as follows:
| Number of RSUs (in thousands) |  | Weighted-Average Grant Date Fair Value Per RSU |  | Aggregate Fair Value (in millions)
Balance as of September 28, 2019 | 81,517 |  |  | $ | 169.18 |  |  |
RSUs granted | 35,639 |  |  | $ | 225.14 |  |  |
RSUs vested | (19,660 | ) |  | $ | 151.02 |  |  |
RSUs canceled | (2,316 | ) |  | $ | 187.21 |  |  |
Balance as of March 28, 2020 | 95,180 |  |  | $ | 193.45 |  |  | $ | 23,580 |
The fair value as of the respective vesting dates of RSUs was $558 million and $4.8 billion for the three- and six-month periods ended March 28, 2020, respectively, and was $348 million and $4.4 billion for the three- and six-month periods ended March 30, 2019, respectively. Share-Based Compensation The following table shows share-based compensation expense and the related income tax benefit included in the Condensed Consolidated Statements of Operations for the three- and six-month periods ended March 28, 2020 and March 30, 2019 (in millions):
| Three Months Ended |  | Six Months Ended
| March 28, 2020 |  | March 30, 2019 |  | March 28, 2020 |  | March 30, 2019
Share-based compensation expense | $ | 1,697 |  |  | $ | 1,514 |  |  | $ | 3,407 |  |  | $ | 3,073 |
Income tax benefit related to share-based compensation expense | $ | (444 | ) |  | $ | (331 | ) |  | $ | (1,202 | ) |  | $ | (1,081 | )
As of March 28, 2020, the total unrecognized compensation cost related to outstanding RSUs and stock options was $14.5 billion, which the Company expects to recognize over a weighted-average period of 2.8 years.

X
- Definition The entire disclosure for an entity's employee compensation and benefit plans, including, but not limited to, postemployment and postretirement benefit plans, defined benefit pension plans, defined contribution plans, non-qualified and supplemental benefit plans, deferred compensation, share-based compensation, life insurance, severance, health care, unemployment and other benefit plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -URI http://asc.fasb.org/topic&trid=2228938 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 712 -URI http://asc.fasb.org/topic&trid=2197446 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 710 -URI http://asc.fasb.org/topic&trid=2127225 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -URI http://asc.fasb.org/topic&trid=2235017 + Details
Name: | us-gaap_CompensationAndEmployeeBenefitPlansTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

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