Annual report pursuant to Section 13 and 15(d)

Employee Equity Incentive Plans (Tables)

v3.22.4
Employee Equity Incentive Plans (Tables)
 12 Months Ended
Dec. 31, 2022
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 and Performance Stock Units
Weighted average assumptions used in estimating grant values were as follows:
Dec 31, 2022 Dec 25, 2021 Dec 26, 2020
Estimated values $ 41.12  $ 50.82  $ 54.82 
Risk-free interest rate 2.2  % 0.2  % 0.4  %
Dividend yield 3.4  % 2.6  % 2.3  %
Volatility 40  % 37  % 30  %
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 25, 2021 118.0  $ 51.29 
Granted 104.2  $ 41.12 
Vested (50.3) $ 48.90 
Forfeited (13.2) $ 48.99 
December 31, 2022 158.7  $ 45.56 
Expected to vest 142.7  $ 45.78