Annual report pursuant to Section 13 and 15(d)

Employee Equity Incentive Plans (Tables)

v3.20.4
Employee Equity Incentive Plans (Tables)
12 Months Ended
Dec. 26, 2020
Employee Benefit and Share-based Payment Arrangement, Noncash Expense [Abstract]  
Restricted Stock Units Estimated Values And Weighted Average Assumptions [Table Text Block]
Restricted Stock Units
Weighted average assumptions used in estimating grant values were as follows:
Dec 26, 2020 Dec 28, 2019 Dec 29, 2018
Estimated values $ 54.82  $ 48.06  $ 48.95 
Risk-free interest rate 0.4  % 2.3  % 2.4  %
Dividend yield 2.3  % 2.5  % 2.4  %
Volatility 30  % 25  % 22  %
Share-based Payment Arrangement, Restricted Stock Unit, Activity [Table Text Block]
Summary of activities:
Number of
Stock Units
(In Millions)
Weighted Average Grant-Date Fair Value
December 28, 2019 84.1  $ 43.86 
Granted 40.4  $ 54.82 
Vested (33.3) $ 40.54 
Forfeited (8.5) $ 47.89 
December 26, 2020 82.7  $ 50.14 
Expected to vest 76.7  $ 50.06