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STOCKHOLDERS' EQUITY | 3 Months Ended
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Apr. 28, 2024
Equity [Abstract] |
Stockholders' 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 millions |  |  | Three Months Ended
|  |  |  | April 28, 2024 |  | April 30, 2023
Common stock: |  |  |  |  |  |  |
Shares at beginning of period |  |  |  |  | 1,796 |  |  | 1,794 |
Shares issued under employee stock plans, net |  |  |  |  | 2 |  |  | 1 |
Shares at end of period |  |  |  |  | 1,798 |  |  | 1,795 |
Treasury stock: |  |  |  |  |  |  |
Shares at beginning of period |  |  |  |  | (804) |  |  | (778) |
Repurchases of common stock |  |  |  |  | (2) |  |  | (10) |
Shares at end of period |  |  |  |  | (806) |  |  | (788) |
Shares outstanding at end of period |  |  |  |  | 992 |  |  | 1,007 |
Cash dividends per share |  |  |  |  | $ | 2.25 |  |  | $ | 2.09 |
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 April 28, 2024, approximately $11.7 billion of the $15.0 billion share repurchase authorization remained available. In March 2024, we paused share repurchases as a result of the pending acquisition of SRS (see Note 9). 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
|  |  |  | April 28, 2024 |  | April 30, 2023
Total number of shares repurchased |  |  |  |  | 2 |  |  | 10 |
Total cost of shares repurchased |  |  |  |  | $ | 600 |  |  | $ | 3,028 |
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.

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