Employee Equity Incentive Plans
|3 Months Ended|
Mar. 30, 2013
|Employee Benefits and Share-based Compensation [Abstract]|
|Employee Equity Incentive Plans [Text Block]||
Note 11: Employee Equity Incentive Plans
Our equity incentive plans are broad-based, long-term programs intended to attract and retain talented employees and align stockholder and employee interests.
Under the 2006 Equity Incentive Plan (the 2006 Plan), we made 596 million shares of common stock available for issuance as equity awards to employees and non-employee directors. A maximum of 394 million of these shares can be awarded as non-vested shares (restricted stock) or non-vested share units (restricted stock units). As of March 30, 2013, 240 million shares remained available for future grant under the 2006 Plan.
The 2006 Stock Purchase Plan allows eligible employees to purchase shares of our common stock at 85% of the value of our common stock on specific dates. Rights to purchase shares are granted during the first and third quarters of each year. Under the 2006 Stock Purchase Plan, we made 373 million shares of common stock available for issuance through August 2016. As of March 30, 2013, 226 million shares were available for issuance under the 2006 Stock Purchase Plan.
Restricted Stock Unit Awards
Activity with respect to outstanding restricted stock units (RSUs) in the first three months of 2013 was as follows:
As of March 30, 2013, 3.3 million of the outstanding restricted stock units were market-based restricted stock units.
Stock Option Awards
Activity with respect to outstanding stock options in the first three months of 2013 was as follows:
Stock Purchase Plan
Employees purchased 11.1 million shares in the first three months of 2013 for $200 million (10.3 million shares in the first three months of 2012 for $197 million) under the 2006 Stock Purchase Plan.
The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.
Reference 1: http://www.xbrl.org/2003/role/presentationRef