v3.26.1
Share Plans (Tables)
9 Months Ended
Jun. 26, 2026
Share Plans  
Share-based compensation expense

For the

For the

Quarters Ended

Nine Months Ended

June 26,

June 27,

June 26,

June 27,

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

(in millions)

Share-based compensation expense

 

$

38

 

$

36

$

130

 

$

105

Summary of share-based award activity

During the quarter ended December 26, 2025, we granted the following share-based awards as part of our annual incentive plan grant:

Grant-Date

  ​ ​ ​

Shares

  ​ ​ ​

Fair Value

  ​ ​ ​

(in millions)

Share options

0.3

$

67.29

Restricted share awards

0.3

 

236.28

Performance share awards

0.1

236.28

Weighted-average assumptions

The assumptions we used in the Black-Scholes-Merton option pricing model for the options granted as part of our annual incentive plan grant during the quarter ended December 26, 2025 were as follows:

Expected share price volatility

  ​ ​ ​

 

27

%

  ​ ​ ​

Risk-free interest rate

 

3.9

%

Expected annual dividend per share

$

2.84

Expected life of options (in years)

 

5.5