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Equity
3 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Equity
Equity
The Company paid the following dividends in fiscal 2017 and 2016:
Per Share
 
Total Paid
 
Payment Timing
 
Related to Fiscal Period
$0.78
$1.2 billion
Second Quarter of Fiscal 2017
Second Half 2016
$0.71
$1.1 billion
Fourth Quarter of Fiscal 2016
First Half 2016
$0.71
$1.2 billion
Second Quarter of Fiscal 2016
Second Half 2015

During the quarter ended December 31, 2016, the Company repurchased 15 million shares of its common stock for $1.5 billion. As of December 31, 2016, the Company had remaining authorization in place to repurchase approximately 267 million additional shares. The repurchase program does not have an expiration date.
The following table summarizes the changes in each component of accumulated other comprehensive income (loss) (AOCI) including our proportional share of equity method investee amounts, which is generally net of 37% estimated tax:
 
 
 
 
 
Unrecognized
Pension and 
Postretirement
Medical 
Expense
 
Foreign
Currency
Translation
and Other
(1)
 
AOCI
 
Market Value Adjustments
 
 
Investments
 
Cash Flow Hedges
 
Balance at October 1, 2016
$
26

 
$
(25
)
 
$
(3,651
)
 
$
(329
)
 
$
(3,979
)
Quarter Ended December 31, 2016:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
(11
)
 
324

 
(22
)
 
(191
)
 
100

Reclassifications of realized net (gains) losses to net income

 
(44
)
 
68

 

 
24

Balance at December 31, 2016
$
15

 
$
255

 
$
(3,605
)
 
$
(520
)
 
$
(3,855
)
 
 
 
 
 
 
 
 
 
 
Balance at October 3, 2015
$
13

 
$
334

 
$
(2,497
)
 
$
(271
)
 
$
(2,421
)
Quarter Ended January 2, 2016:
 
 
 
 
 
 
 
 
 
Unrealized gains (losses) arising
  during the period
(3
)
 
41

 

 
(62
)
 
(24
)
Reclassifications of realized net (gains) losses to net income

 
(66
)
 
42

 

 
(24
)
Balance at January 2, 2016
$
10

 
$
309

 
$
(2,455
)
 
$
(333
)
 
$
(2,469
)
(1) 
Foreign Currency Translation and Other is net of an average 22% estimated tax at December 31, 2016 as the Company has not recognized deferred tax assets for some of our foreign entities.
Details about AOCI components reclassified to net income are as follows:
Gains/(losses) in net income:
 
Affected line item in the
  Condensed Consolidated
  Statements of Income:
 
Quarter Ended
 
 
December 31,
2016
 
January 2,
2016
Cash flow hedges
 
Primarily revenue
 
$
70

 
$
105

Estimated tax
 
Income taxes
 
(26
)
 
(39
)
 
 
 
 
44

 
66

 
 
 
 
 
 
 
Pension and postretirement
  medical expense
 
Costs and expenses
 
(108
)
 
(67
)
Estimated tax
 
Income taxes
 
40

 
25

 
 
 
 
(68
)
 
(42
)
 
 
 
 
 
 
 
Total reclassifications for the period
 
 
 
$
(24
)
 
$
24


At December 31, 2016 and October 1, 2016, the Company held available-for-sale investments in unrecognized gain positions totaling $29 million and $49 million, respectively, and no investments in significant unrecognized loss positions.