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Shareholders' Equity (Tables) | 9 Months Ended
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Jun. 27, 2015
Cash Dividends Declared and Paid Per Share | The Company declared and paid cash dividends per share during the periods presented as follows:
|  | Dividends Per Share |  |  | Amount (in millions) |
2015: |  |  |  |  |  |  |  |
Third quarter |  | $ | 0.52 |  |  | $ | 2,997 |
Second quarter |  |  | 0.47 |  |  |  | 2,734 |
First quarter |  |  | 0.47 |  |  |  | 2,750 |
Total cash dividends declared and paid |  | $ | 1.46 |  |  | $ | 8,481 |
2014: |  |  |  |  |  |  |  |
Fourth quarter |  | $ | 0.47 |  |  | $ | 2,807 |
Third quarter |  |  | 0.47 |  |  |  | 2,830 |
Second quarter |  |  | 0.44 |  |  |  | 2,655 |
First quarter |  |  | 0.44 |  |  |  | 2,739 |
Total cash dividends declared and paid |  | $ | 1.82 |  |  | $ | 11,031 |
Accelerated Share Repurchase Activity and Related Information | The following table shows the Company’s ASR activity and related information during the nine months ended June 27, 2015 and the year ended September 27, 2014:
|  | Purchase Period End Date |  | Number of Shares (in thousands) |  | Average Repurchase Price Per Share |  | ASR Amount (in millions)
May 2015 ASR |  |  | November 2015 |  |  |  | 38,320 (1) |  |  |  | (1) |  |  | $ | 6,000 |
August 2014 ASR |  |  | February 2015 |  |  |  | 81,525 (2) |  |  | $ | 110.40 |  |  | $ | 9,000 |
January 2014 ASR |  |  | December 2014 |  |  |  | 134,247 |  |  | $ | 89.39 |  |  | $ | 12,000 |
April 2013 ASR |  |  | March 2014 |  |  |  | 172,548 |  |  | $ | 69.55 |  |  | $ | 12,000 |
| (1) | The number of shares represents shares delivered in the third quarter of 2015 and does not represent the final number of shares to be delivered under the May 2015 ASR. The total number of shares ultimately delivered under the May 2015 ASR, and therefore the average repurchase price paid per share, will be determined at the end of the applicable purchase period based on the volume weighted-average price of the Company’s common stock during that period. The May 2015 ASR purchase period will end in or before November 2015. |
| (2) | Includes 59.9 million shares delivered and retired at the beginning of the purchase period, which began in the fourth quarter of 2014, 8.3 million net shares delivered and retired in the first quarter of 2015 and 13.3 million shares delivered and retired at the end of the purchase period, which concluded in the second quarter of 2015. |
Repurchases of Common Shares in Open Market | Additionally, the Company repurchased shares of its common stock in the open market, which were retired upon repurchase, during the periods presented as follows:
|  | Number of Shares (in thousands) |  |  | Average Repurchase Price Per Share |  |  | Amount (in millions) |
2015: |  |  |  |  |  |  |  |  |  |  |  |
Third quarter |  |  | 31,231 |  |  | $ | 128.08 |  |  | $ | 4,000 |
Second quarter |  |  | 56,400 |  |  | $ | 124.11 |  |  |  | 7,000 |
First quarter |  |  | 45,704 |  |  | $ | 109.40 |  |  |  | 5,000 |
Total open market common stock repurchases |  |  | 133,335 |  |  |  |  |  |  | $ | 16,000 |
2014: |  |  |  |  |  |  |  |  |  |  |  |
Fourth quarter |  |  | 81,255 |  |  | $ | 98.46 |  |  | $ | 8,000 |
Third quarter |  |  | 58,661 |  |  | $ | 85.23 |  |  |  | 5,000 |
Second quarter |  |  | 79,749 |  |  | $ | 75.24 |  |  |  | 6,000 |
First quarter |  |  | 66,847 |  |  | $ | 74.79 |  |  |  | 5,000 |
Total open market common stock repurchases |  |  | 286,512 |  |  |  |  |  |  | $ | 24,000 |

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- Definition Tabular disclosure of information related to common stock repurchased in the open market. + References No definition available. + Details
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- Definition Tabular disclosure of accelerated share repurchase (ASR) programs. An ASR is a combination of transactions that permits an entity to purchase a targeted number of shares immediately with the final purchase price of those shares determined by an average market price over a fixed period of time. An accelerated share repurchase program is intended to combine the immediate share retirement benefits of a tender offer with the market impact and pricing benefits of a disciplined daily open market stock repurchase program. ASRs can be disclosed as part of stockholders' equity. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 25 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6405686&loc=d3e22802-112653 + Details
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- Definition Tabular disclosure of information related to dividends declared, including paid and unpaid dividends. + References No definition available. + Details
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