Quarterly report pursuant to Section 13 or 15(d)

Stock-Based Incentive Compensation Plans (Tables)

v2.4.0.8
Stock-Based Incentive Compensation Plans (Tables)
6 Months Ended
Jun. 28, 2014
Share-based Compensation [Abstract]  
Schedule of Stock-based Compensation Expense, Allocation of Recognized Period Costs
 
 
Three Months Ended
 
Six Months Ended
 
 
June 28,
2014
 
June 29,
2013
 
June 28,
2014
 
June 29,
2013
 
 
(In millions)
Cost of sales
 
$
1

 
$
1

 
$
2

 
$
3

Research and development
 
11

 
10

 
23

 
23

Marketing, general and administrative
 
9

 
9

 
19

 
18

Stock-based compensation expense, net of tax of $0
 
$
21

 
$
20

 
$
44

 
$
44

Weighted Average Valuation Assumptions for Stock Options
 
 
Three Months Ended
 
Six Months Ended
 
 
June 28,
2014
 
June 29,
2013
 
June 28,
2014
 
June 29,
2013
Expected volatility
 
51.68
%
 
57.18
%
 
53.36
%
 
59.08
%
Risk-free interest rate
 
1.12
%
 
0.58
%
 
1.09
%
 
0.60
%
Expected dividends
 
0.00
%
 
0.00
%
 
0.00
%
 
0.00
%
Expected life
 
3.86 years

 
3.83 years

 
3.86 years

 
3.83 years