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Equity
8 Months Ended
May 11, 2025
Equity [Abstract]  
Stockholders' equity
Note 5—Equity
Dividends
A quarterly cash dividend of $1.30 per share was declared on April 16, 2025, and paid on May 16, 2025. The dividend was $1.16 per share in the third quarter of 2024.
Stock Repurchase Programs
The Company's stock repurchase program is conducted under a $4,000 authorization by the Board of Directors, which expires in January 2027. At May 11, 2025, the remaining amount available under the program was $2,242. The following table summarizes the repurchase activity:
Shares Repurchased (000s)Average Price per ShareTotal Cost
Third quarter of 2025215 $976.71 $210 
First thirty-six weeks of 2025658 $946.64 $623 
Third quarter of 2024221 $733.23 $162 
First thirty-six weeks of 2024749 $646.07 $484 
These amounts may differ from the accompanying condensed consolidated statements of cash flows due to changes in unsettled stock repurchases at the end of each 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.