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Stockholders' Equity
 3 Months Ended
Apr. 29, 2018
Equity [Abstract]  
Stockholders' Equity Note Disclosure
STOCKHOLDERS' EQUITY
Accelerated Share Repurchase Agreements
We enter into ASR agreements from time to time with third-party financial institutions to repurchase shares of our common stock. These agreements are structured as outlined in the 2017 Form 10-K. The terms of the ASR agreement entered into during the first three months of fiscal 2018 follow (in millions).
Agreement
Date
 
Settlement
Date
 
Agreement
Amount
 
Initial
Shares Delivered
 
Additional
Shares Delivered
 
Total
Shares Delivered
Q1 2018 (1)
 
Q2 2018 (2)
 
$750
 
3.4
 
0.8
 
4.2
—————
(1)
The fair market value of the initial 3.4 million shares on the date of delivery was $598 million and is included in treasury stock as of April 29, 2018, with the remaining $152 million included in paid-in capital.
(2)
The ASR agreement terminated on May 17, 2018, at which time we became contractually entitled to receive an additional 0.8 million shares upon settlement.
See Note 6 to the consolidated financial statements in the 2017 Form 10-K for further discussion.