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Stockholders' Equity
9 Months Ended
Jun. 30, 2013
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Note 7—Stockholders' Equity
The number of shares of each class and the number of shares of class A common stock on an as-converted basis at June 30, 2013, are as follows:
(in millions, except conversion rate)
Shares Outstanding
 
Conversion Rate
Into Class A
Common Stock
 
As-converted Class A Common
Stock(1)
Class A common stock
515

 

 
515

Class B common stock
245

 
0.4206

 
103

Class C common stock
27

 
1.0000

 
27

Total
 
 
 
 
645

(1)  
Figures in the table may not recalculate exactly due to rounding. As-converted class A common stock is calculated based on whole numbers, not the rounded numbers presented.
Reduction in as-converted class A common stock
The following table presents share repurchases in the open market.
(in millions, except per share data)
Three Months Ended June 30, 2013
 
Nine Months Ended June 30, 2013
Shares repurchased in the open market (1)
6

 
26

Weighted-average repurchase price per share
$
176.75

 
$
157.48

Total cost
$
981

 
$
4,054

(1)  
All shares repurchased in the open market have been retired and constitute authorized but unissued shares.
At June 30, 2013, the Company had $61 million of remaining funds available for share repurchases under the current program authorized by the board of directors. In July 2013, the Company's board of directors authorized a new $1.5 billion share repurchase program to be in effect through July 2014.
Dividends. On July 16, 2013, the Company’s board of directors declared a dividend in the amount of $0.33 per share of class A common stock (determined in the case of class B and class C common stock on an as-converted basis), which will be paid on September 4, 2013, to all holders of record of the Company's class A, class B and class C common stock as of August 16, 2013. The Company paid $653 million in dividends during the nine months ended June 30, 2013.