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Repurchase of Common Stock
9 Months Ended
Oct. 30, 2021
Shareholders' Equity [Abstract]  
Shareholders' Equity 9. Repurchase of Common Stock On February 16, 2021, our Board of Directors approved a new $5.0 billion share repurchase program. There is no expiration date governing the period over which we can repurchase shares under this authorization. We temporarily suspended all share repurchases from March to November of fiscal 2021 to conserve liquidity in light of COVID-19-related uncertainties. On August 24, 2021, we announced our plan to repurchase more than $2.5 billion of shares in fiscal 2022. Information regarding the shares we repurchased was as follows ($ and shares in millions, except per share amounts): Three Months Ended Nine Months Ended October 30, 2021 October 31, 2020 October 30, 2021 October 31, 2020Total cost of shares repurchased$ 426  $ - $ 1,757 $ 56 Average price per share$ 115.94  $ - $ 111.33 $ 86.30 Number of shares repurchased 3.7  - 15.8 0.6 As of October 30, 2021, $3.4 billion of the $5.0 billion share repurchase authorization was available. Between the end of the third quarter of fiscal 2022 on October 30, 2021, and December 1, 2021, we repurchased an incremental 3.6 million shares of our common stock at a cost of $452 million.