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Equity and Comprehensive Income | 6 Months Ended
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Feb. 14, 2016
Equity [Abstract] |
Equity and Comprehensive Income | Note 5—Equity and Comprehensive Income Dividends The Company’s current quarterly dividend rate is $0.40 per share, compared to $0.355 per share in the second quarter of 2015. On January 29, 2016, the Board of Directors declared a quarterly cash dividend in the amount of $0.40 per share, which was paid subsequent to the end of the second quarter on February 26, 2016. Stock Repurchase Programs Stock repurchase activity during the second quarter and first half of 2016 and 2015 is summarized below:
| Shares Repurchased (000's) |  | Average Price per Share |  | Total Cost
Second quarter of 2016 | 531 |  |  | $ | 150.02 |  |  | $ | 80 |
First half of 2016 | 1,429 |  |  | $ | 146.79 |  |  | $ | 210 |
Second quarter of 2015 | 642 |  |  | $ | 143.21 |  |  | $ | 92 |
First half of 2015 | 781 |  |  | $ | 140.23 |  |  | $ | 110 |
The remaining amount available for stock repurchases under our approved plan, which expires in April 2019, was $3,489 at February 14, 2016. These amounts may differ from the stock repurchase balances in the accompanying condensed consolidated statements of cash flows due to changes in unsettled stock repurchases at the end of a quarter. Purchases are made from time-to-time, as conditions warrant, in the open market or in block purchases, and pursuant to plans under SEC Rule 10b5-1. Components of Equity and Comprehensive Income The following tables show the changes in equity attributable to Costco and the noncontrolling interests of consolidated subsidiaries:
| Attributable to Costco |  | Noncontrolling Interests |  | Total Equity
Equity at August 30, 2015 | $ | 10,617 |  |  | $ | 226 |  |  | $ | 10,843 |
Comprehensive income: |  |  |  |  |
Net income | 1,026 |  |  | 16 |  |  | 1,042 |
Foreign-currency translation adjustment and other, net | (223 | ) |  | (6 | ) |  | (229 | )
Comprehensive income | 803 |  |  | 10 |  |  | 813 |
Stock-based compensation | 287 |  |  | 0 |  |  | 287 |
Release of vested restricted stock units (RSUs), including tax effects | (145 | ) |  | 0 |  |  | (145 | )
Repurchases of common stock | (210 | ) |  | 0 |  |  | (210 | )
Cash dividends declared | (352 | ) |  | 0 |  |  | (352 | )
Distribution to noncontrolling interest | 0 |  |  | (2 | ) |  | (2 | )
Equity at February 14, 2016 | $ | 11,000 |  |  | $ | 234 |  |  | $ | 11,234 |
| Attributable to Costco |  | Noncontrolling Interests |  | Total Equity
Equity at August 31, 2014 | $ | 12,303 |  |  | $ | 212 |  |  | $ | 12,515 |
Comprehensive income: |  |  |  |  |
Net income | 1,094 |  |  | 18 |  |  | 1,112 |
Foreign-currency translation adjustment and other, net | (721 | ) |  | (11 | ) |  | (732 | )
Comprehensive income | 373 |  |  | 7 |  |  | 380 |
Stock-based compensation | 236 |  |  | 0 |  |  | 236 |
Stock options exercised, including tax effects | 39 |  |  | 0 |  |  | 39 |
Release of vested RSUs, including tax effects | (121 | ) |  | 0 |  |  | (121 | )
Repurchases of common stock | (110 | ) |  | 0 |  |  | (110 | )
Cash dividends declared | (2,514 | ) |  | 0 |  |  | (2,514 | )
Equity at February 15, 2015 | $ | 10,206 |  |  | $ | 219 |  |  | $ | 10,425 |

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(d),(e)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21484-112644 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SAB TOPIC 4.E) -URI http://asc.fasb.org/extlink&oid=27010918&loc=d3e74512-122707 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21488-112644 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.29-31) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 4 -Subparagraph (SAB TOPIC 4.C) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187143-122770 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Preferred Stock -URI http://asc.fasb.org/extlink&oid=6521494 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21564-112644 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section E Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 4 -Section C + Details
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