Common Stock Repurchases
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3 Months Ended |
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Mar. 29, 2014
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Common Stock Repurchases [Abstract] | |
Common Stock Repurchases [Text Block] |
Note 14: Common Stock Repurchases
Common Stock Repurchase Program
We have an ongoing authorization, originally approved by our Board of Directors in October 2005, and subsequently amended, to repurchase up to $45 billion in shares of our common stock in open market or negotiated transactions. As of March 29, 2014, $2.6 billion remained available for repurchase under the existing repurchase authorization limit. During the first three months of 2014, we repurchased 22.1 million shares of common stock at a cost of $545 million (25.2 million shares of common stock at a cost of $533 million during the first three months of 2013). We have repurchased 4.4 billion shares at a cost of $92 billion since the program began in 1990.
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- Details
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- Definition
Common Stock Repurchases. No definition available.
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