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Stockholders' Equity
9 Months Ended
Jun. 30, 2014
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Note 9—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, 2014, 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
496

 

 
496

Class B common stock
245

 
0.4206

 
103

Class C common stock
25

 
1.0000

 
25

Total
 
 
 
 
624

(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, 2014
 
Nine Months Ended June 30, 2014
Shares repurchased in the open market (1)
 
6

 
16

Weighted-average repurchase price per share
 
$
207.13

 
$
207.90

Total cost
 
$
1,152

 
$
3,362

(1)  
All shares repurchased in the open market have been retired and constitute authorized but unissued shares.
As of June 30, 2014, the October 2013 program had remaining authorized funds of $1.9 billion for share repurchase. All share repurchase programs authorized prior to October 2013 have been completed.
Dividends. In July 2014, the Company’s board of directors declared a quarterly cash dividend of $0.40 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 3, 2014, to all holders of record of the Company's class A, B and C common stock as of August 15, 2014. The Company declared and paid $758 million in dividends during the nine months ended June 30, 2014.