Annual report pursuant to Section 13 and 15(d)

Employee Equity Incentive Plans (Tables)

v3.21.4
Employee Equity Incentive Plans (Tables)
 12 Months Ended
Dec. 25, 2021
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 25, 2021 Dec 26, 2020 Dec 28, 2019
Estimated values $ 50.82  $ 54.82  $ 48.06 
Risk-free interest rate 0.2  % 0.4  % 2.3  %
Dividend yield 2.6  % 2.3  % 2.5  %
Volatility 37  % 30  % 25  %
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 26, 2020 82.7  $ 50.14 
Granted 76.8  $ 50.82 
Vested (30.2) $ 47.64 
Forfeited (11.3) $ 49.48 
December 25, 2021 118.0  $ 51.29 
Expected to vest 105.9  $ 51.47