XML 39 R20.htm IDEA: XBRL DOCUMENT v3.3.1.900
Capital and Treasury Stock
12 Months Ended
Jan. 03, 2016
Equity [Abstract]  
Capital and Treasury Stock
Capital and Treasury Stock
Changes in treasury stock were:
 
 
Treasury Stock
(Amounts in Millions Except Treasury Stock Shares in Thousands)
 
Shares
 
Amount
Balance at December 30, 2012
 
341,354

 
$
18,476

Employee compensation and stock option plans
 
(48,555
)
 
(3,367
)
Repurchase of common stock
 
6,416

 
591

Balance at December 29, 2013
 
299,215

 
15,700

Employee compensation and stock option plans
 
(32,302
)
 
(2,933
)
Repurchase of common stock
 
69,707

 
7,124

Balance at December 28, 2014
 
336,620

 
19,891

Employee compensation and stock option plans
 
(24,413
)
 
(2,497
)
Repurchase of common stock
 
52,474

 
5,290

Balance at January 3, 2016
 
364,681

 
$
22,684



Aggregate shares of common stock issued were approximately 3,119,843,000 shares at the end of 2015, 2014 and 2013.

Cash dividends paid were $2.95 per share in 2015, compared with dividends of $2.76 per share in 2014, and $2.59 per share in 2013.
On October 13, 2015, the Company announced that its Board of Directors approved a share repurchase program, authorizing the Company to purchase up to $10.0 billion of the Company's shares of common stock. The repurchase program has no time limit and may be suspended for periods or discontinued at any time. Any shares acquired will be available for general corporate purposes. The Company intends to finance the share repurchase program through available cash and access to the capital markets. As of January 3, 2016, $1.0 billion has been repurchased under the program.
On July 21, 2014, the Company announced that its Board of Directors approved a share repurchase program, authorizing the Company to purchase up to $5.0 billion of the Company's shares of common stock. This share repurchase program was completed on April 28, 2015.