Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Incentive Compensation Plans (Tables)

v3.3.0.814
Stock-Based Incentive Compensation Plans (Tables)
 9 Months Ended
Sep. 26, 2015
Share-based Compensation [Abstract]  
Schedule of Stock-based Compensation Expense, Allocation of Recognized Period Costs
 
Three Months Ended
Nine Months Ended
 
September 26,
2015
 
September 27,
2014
 
September 26,
2015
 
September 27,
2014
 
(In millions)
Cost of sales
$
—

 
$
1

 
$
2

 
$
3

Research and development
7

 
11

 
27

 
34

Marketing, general and administrative
6

 
9

 
18

 
28

Stock-based compensation expense, net of tax of $0
$
13

 
$
21

 
$
47

 
$
65

Weighted Average Valuation Assumptions for Stock Options
 
Three Months Ended
 
Nine Months Ended
 
September 26,
2015
 
September 27,
2014
 
September 26,
2015
 
September 27,
2014
Expected volatility
71.71
%
 
51.94
%
 
60.19
%
 
52.88
%
Risk-free interest rate
1.32
%
 
1.16
%
 
1.24
%
 
1.11
%
Expected dividends
0.00
%
 
0.00
%
 
0.00
%
 
0.00
%
Expected life
3.91 years

 
3.86 years

 
3.91 years

 
3.86 years