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Subsequent Event | 6 Months Ended
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Jun. 25, 2017
Subsequent Events |
Subsequent Event | 7. Subsequent Event Subsequent to the second quarter on July 27, 2017, our Board of Directors approved a $500 million increase in the Company’s share repurchase authorization and extended the program to February 27, 2019. This approval increased the Company's authorization for the repurchase of common stock from $1.575 billion to $2.075 billion. As of July 27, 2017, $590.2 million was available for repurchase of common stock under this authorization.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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