Common Stock Repurchases |
3 Months Ended |
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Apr. 02, 2016 | |
Common Stock Repurchases [Abstract] | |
Common Stock Repurchases [Text Block] |
Note 16: Common Stock Repurchases
Common Stock Repurchase Program
We have an ongoing authorization, originally approved by our Board of Directors in 2005, and subsequently amended, to repurchase up to $65.0 billion in shares of our common stock in open market or negotiated transactions. As of April 2, 2016, $8.6 billion remained available for repurchase under the existing repurchase authorization limit.
During the first three months of 2016, we repurchased 26.8 million shares of common stock at a cost of $800 million (21.3 million shares of common stock at a cost of $750 million in the first three months of 2015). We have repurchased 4.8 billion shares of common stock at a cost of $105.7 billion since the program began in 1990.
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- Definition Common Stock Repurchases. No definition available.
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- Definition Common Stock Repurchases. No definition available.
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