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Stockholders' Equity
3 Months Ended
May 01, 2022
Equity [Abstract]  
Stockholders' Equity STOCKHOLDERS' EQUITY
Stock Rollforward
The following table presents a reconciliation of the number of shares of our common stock and cash dividends per share:
shares in millionsThree Months Ended
May 1,
2022
May 2,
2021
Common stock:
Balance at beginning of period1,792 1,789 
Shares issued under employee stock plans
Balance at end of period1,793 1,790 
Treasury stock:
Balance at beginning of period(757)(712)
Repurchases of common stock(7)(13)
Balance at end of period(764)(725)
Shares outstanding at end of period1,029 1,065 
Cash dividends per share$1.90 $1.65 
Share Repurchases
In May 2021, our Board of Directors approved a $20.0 billion share repurchase authorization that replaced the previous authorization. This new authorization does not have a prescribed expiration date. As of May 1, 2022, approximately $7.4 billion of the $20.0 billion share repurchase authorization remained available.
The following table presents information about our repurchases of common stock, all of which were completed through open market purchases:
in millions
Three Months Ended
May 1,
2022
May 2,
2021
Total number of shares repurchased13 
Total cost of shares repurchased
$2,250 $4,000 
These amounts may differ from the repurchases of common stock amounts in the consolidated statements of cash flows due to unsettled share repurchases at the end of a period.