Annual report pursuant to Section 13 and 15(d)

Capital Stock

Capital Stock
12 Months Ended
Sep. 26, 2021
Equity [Abstract]  
Capital Stock Capital Stock
Stock Repurchase Program. On July 26, 2018, we announced a stock repurchase program authorizing us to repurchase up to $30.0 billion of our common stock. On October 12, 2021, we announced a new $10.0 billion stock repurchase authorization, which is in addition to the remaining repurchase authority of $0.9 billion under the aforementioned program. The stock repurchase programs have no expiration date. Since September 26, 2021, we repurchased and retired 5.4 million shares of common stock for $703 million.
Shares Outstanding. Shares of common stock outstanding at September 26, 2021 were as follows (in millions):
Balance at beginning of period
Balance at end of period
Dividends. On October 13, 2021, we announced a cash dividend of $0.68 per share on our common stock, payable on December 16, 2021 to stockholders of record as of the close of business on December 2, 2021.