XML 58 R14.htm IDEA: XBRL DOCUMENT v2.4.0.6
Share Repurchases
9 Months Ended
Oct. 27, 2012
Disclosure Share Repurchase Activity [Abstract]  
Share Repurchases
Share Repurchases
Share repurchase activity is as follows:
 
13 Weeks Ended
 
39 Weeks Ended
($ and shares in millions except average per share cost)
October 27,
2012
 
October 29,
2011
 
October 27,
2012
 
October 29,
2011
Number of shares repurchased
2.7

 
39.2

 
16.5

 
106.5

Total cost
$
96

 
$
645

 
$
463

 
$
2,013

Average per share cost including commissions
$
35.73

 
$
16.46

 
$
28.01

 
$
18.90

Between August 2010 and November 2011, we announced that the Board of Directors authorized a total of $3.25 billion for share repurchases, of which $443 million under the November 2011 authorization was remaining as of January 28, 2012. In February 2012, we announced that the Board of Directors approved a new $1 billion share repurchase authorization that replaced the November 2011 authorization and cancelled the remaining $441 million under the November 2011 authorization as of February 23, 2012. As of October 27, 2012, there was $539 million remaining under the February 2012 authorization.
All of the share repurchases were paid for as of October 27, 2012 and October 29, 2011. All except $4 million of total share repurchases were paid for as of January 28, 2012.