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Stockholders' Equity
 9 Months Ended
Nov. 03, 2019
Equity [Abstract]  
Stockholders' equity
STOCKHOLDERS' EQUITY
Stock Rollforward
A reconciliation of the number of shares of our common stock and dividends per share follows.
shares in millions
Three Months Ended
 
Nine Months Ended
November 3,
2019
 
October 28,
2018
 
November 3,
2019
 
October 28,
2018
Common stock:
 
 
 
 
 
 
 
Balance at beginning of period
1,785

 
1,782

 
1,782

 
1,780

Shares issued under employee stock plans
—

 
—

 
3

 
2

Balance at end of period
1,785

 
1,782

 
1,785

 
1,782

Treasury stock:
 
 
 
 
 
 
 
Balance at beginning of period
(689
)
 
(637
)
 
(677
)
 
(622
)
Repurchases of common stock
(6
)
 
(14
)
 
(18
)
 
(29
)
Balance at end of period
(695
)
 
(651
)
 
(695
)
 
(651
)
Shares outstanding at end of period
1,090

 
1,131

 
1,090

 
1,131

 
 
 
 
 
 
 
 
Cash dividends per share
$
1.36

 
$
1.03

 
$
4.08

 
$
3.09


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 2018 Form 10-K. The terms of the ASR agreements entered into during the nine months ended November 3, 2019 follow (in millions).
Agreement
Date
 
Settlement
Date
 
Agreement
Amount
 
Initial
Shares Delivered
 
Additional
Shares Delivered
 
Total
Shares Delivered
Q3 2019 (1)
 
Q4 2019 (2)
 
$
820

 
3.2

 
0.4

 
3.6

—————
(1)
The fair market value of the initial 3.2 million shares on the date of delivery was $720 million and is included in treasury stock as of November 3, 2019, with the remaining $100 million included in paid-in capital.
(2)
We received an additional 0.4 million shares upon termination of the ASR agreement in November 2019.
See Note 6 to the consolidated financial statements in the 2018 Form 10-K for further discussion.