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Stock-Based Compensation
 8 Months Ended
Sep. 05, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Stock-Based Compensation
Stock-Based Compensation
The following table summarizes our total stock-based compensation expense:
 
 
12 Weeks Ended
 
36 Weeks Ended
 
 
9/5/2015

 
9/6/2014

 
9/5/2015


9/6/2014

Stock-based compensation expense
 
$
64

 
$
67

 
$
208

 
$
207

Restructuring and impairment charges/(credits)
 
1

 
(1
)
 
2

 
(4
)
Total
 
$
65

 
$
66

 
$
210

 
$
203


Our weighted-average Black-Scholes fair value assumptions are as follows: 
 
36 Weeks Ended
 
9/5/2015

 
9/6/2014

Expected life
7 years

 
6 years

Risk free interest rate
1.8
%
 
1.8
%
Expected volatility (a)
15
%
 
16
%
Expected dividend yield
2.7
%
 
2.9
%
(a)
Reflects movements in our stock price over the most recent historical period equivalent to the expected life.
For the 12 weeks ended September 5, 2015 and September 6, 2014, our grants of stock options, restricted stock units (RSUs), performance stock units (PSUs) and PepsiCo equity performance units (PEPunits) were nominal.
The following table summarizes awards granted under the terms of our 2007 Long-Term Incentive Plan:
 
 
36 Weeks Ended
 
 
9/5/2015
 
9/6/2014
 
 
Granted (a)
 
Weighted-Average Grant Price
 
Granted (a)
 
Weighted-Average Grant Price
Stock options
 
1.8

 
$
98.76

 
3.3

 
$
80.67

RSUs and PSUs
 
2.7

 
$
99.15

 
4.2

 
$
79.80

PEPunits
 
0.3

 
$
99.25

 
0.4

 
$
79.75

(a)
In millions.