2013 | 2012 | 2011 | |||||||||
Stock option/rights compensation expense (1) | $ | 101 | $ | 115 | $ | 133 | |||||
RSU compensation expense | 311 | 310 | 300 | ||||||||
Total equity-based compensation expense (2) | 412 | 425 | 433 | ||||||||
Tax impact | (139 | ) | (145 | ) | (151 | ) | |||||
Reduction in net income | $ | 273 | $ | 280 | $ | 282 | |||||
Equity-based compensation expense capitalized during the period | $ | 58 | $ | 56 | $ | 66 | |||||
Tax benefit reported in cash flow from financing activities | $ | 204 | $ | 122 | $ | 124 | |||||
(1) | Includes stock appreciation rights. |
(2) | Equity-based compensation expense is net of capitalized equity-based compensation and excludes amortization of previously capitalized equity-based compensation costs. Amortization of previously capitalized equity-based compensation totaled $65 million, $59 million and $57 million in fiscal years 2013, 2012 and 2011, respectively. |