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Common Stock Repurchases | 6 Months Ended
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Jun. 29, 2013
Common Stock Repurchases [Abstract] |
Common Stock Repurchases [Text Block] | Note 12: Common Stock Repurchases Common Stock Repurchase Program We have an ongoing authorization, since October 2005, as amended, from our Board of Directors to repurchase up to $45 billion in shares of our common stock in open market purchases or negotiated transactions. As of June 29, 2013, $4.2 billion remained available for repurchase under the existing repurchase authorization limit. During the second quarter of 2013, we repurchased 23.3 million shares of common stock at a cost of $550 million (40.6 million shares of common stock at a cost of $1.1 billion in the second quarter of 2012). During the first six months of 2013, we repurchased 48.5 million shares of common stock at a cost of $1.1 billion (97.5 million shares of common stock at a cost of $2.6 billion in the first six months of 2012). We have repurchased 4.3 billion shares at a cost of $90 billion since the program began in 1990. Restricted Stock Unit Withholdings We issue restricted stock units as part of our equity incentive plans. For the majority of restricted stock units granted, the number of shares issued on the date the restricted stock units vest is net of the minimum statutory withholding requirements that we pay in cash to the appropriate taxing authorities on behalf of our employees. In our consolidated condensed financial statements, we also treat shares withheld for tax purposes on behalf of our employees in connection with the vesting of restricted stock units as common stock repurchases because they reduce the number of shares that would have been issued upon vesting. These withheld shares are not issued or considered common stock repurchases under our authorized common stock repurchase plan. During the first six months of 2013, we withheld 12.3 million shares to satisfy $272 million (11.3 million shares to satisfy $315 million during the first six months of 2012) of employees’ tax obligations.

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