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STOCKHOLDERS' EQUITY
12 Months Ended
Jan. 28, 2024
Equity [Abstract]  
STOCKHOLDER'S EQUITY STOCKHOLDERS’ EQUITY
Stock Rollforward
The following table presents a reconciliation of the number of shares of our common stock outstanding and cash dividends per share:
shares in millionsFiscalFiscalFiscal
202320222021
Common stock:
Shares at beginning of year1,794 1,792 1,789 
Shares issued under employee stock plans, net
Shares at end of year1,796 1,794 1,792 
Treasury stock:
Shares at beginning of year(778)(757)(712)
Repurchases of common stock(26)(21)(45)
Shares at end of year(804)(778)(757)
Shares outstanding at end of year992 1,016 1,035 
Cash dividends per share$8.36 $7.60 $6.60 
Share Repurchases
In August 2023, our Board of Directors approved a $15.0 billion share repurchase authorization that replaced the previous authorization of $15.0 billion, which was approved in August 2022. The August 2023 authorization does not have a prescribed expiration date. As of January 28, 2024, approximately $12.3 billion of the $15.0 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:
FiscalFiscalFiscal
in millions
202320222021
Total number of shares repurchased26 21 45 
Total cost of shares repurchased
$8,074 $6,504 $15,001 

The cost of shares repurchased 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 and excise taxes incurred on share repurchases.