Find the number of stock options exercisable at July 30, 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in thousands.) Find the net sales to customers outside the United States for 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in millions.)
Find the number of stock options exercisable at July 30, 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in thousands.) Find the net sales to customers outside the United States for 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in millions.)
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question
- Find the number of stock options exercisable at July 30, 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in thousands.)
- Find the net sales to customers outside the United States for 2017 in the Notes to the Consolidated Financial Statements. (Enter your answer in millions.)

Transcribed Image Text:Geographic Area Information
Information about operations in different geographic areas is as follows:
2017
2016
2015
Net sales
United States .
6,357 $
6,437 $
6,400
Australia .
610
590
646
Other countries
923
934
1,036
Total.
7,890 $
7,961 $
8,082
2017
2016
2015
Long-lived assets
United States.
1,987 S
1,967 $
1,942
Australia .
265
242
232
Other countries
202
198
173
Total. .
2,454 S
2,407 $
2,347

Transcribed Image Text:The following table summarizes stock option activity as of July 30, 2017:
Weighted-
Average
Exercise
Price
Weighted-
Average
Remaining
Contractual
Life
(In years)
Aggregate
Intrinsic
Value
Options
(Options in
thousands)
Outstanding at July 31, 2016.
681 $
50.21
Granted
489 $
54.65
Exercised .
(33) $
50.21
Terminated. .
(95) $
52.49
Outstanding at July 30, 2017.
1,042 $
52.08
8.6 $
Exercisable at July 30, 2017
194 $
50.21
8.2 $
1
The total intrinsic value of options exercised during 2017 was not material. During 2016 and 2015, the total intrinsic value
of options exercised was $2 and $5, respectively. We measure the fair value of stock options using the Black-Scholes option pricing
model. The expected term of options granted was based on the weighted average time of vesting and the end of the contractual
term. We utilized this simplified method as we do not have sufficient historical exercise data to provide a reasonable basis upon
which to estimate the expected term.
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