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Stockholders' Equity
 6 Months Ended
Jul. 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 agreements entered into during the first six months of fiscal 2018 follow (in millions).
Agreement
Date
 
Settlement
Date
 
Agreement
Amount
 
Initial
Shares Delivered
 
Additional
Shares Delivered
 
Total
Shares Delivered
Q1 2018
 
Q2 2018
 
$750
 
3.4
 
0.8
 
4.2
Q2 2018(1)
 
Q3 2018(2)
 
1,600
 
7.1
 
1.0
 
8.1
—————
(1)
The fair market value of the initial 7.1 million shares on the date of delivery was $1.3 billion and is included in treasury stock as of July 29, 2018, with the remaining $268 million included in paid-in capital.
(2)
We received an additional 1.0 million shares upon termination of the ASR agreement in August 2018.
See Note 6 to the consolidated financial statements in the 2017 Form 10-K for further discussion.