Shareholders’ Equity (Deficit)

Common Stock Share Repurchases

Under the authority of the Company’s Board of Directors, the Company repurchased shares of its common stock under the following repurchase programs for fiscal 2018, 2017 and 2016:



			Shares Repurchased			Amount Repurchased						Average Stock Price of Shares Repurchased within Program
Repurchase Program	Amount Authorized		2018	2017	2016	2018		2017		2016		Average Stock Price of Shares Repurchased within Program
	(in millions)		(in thousands)			(in millions)
March 2018	$	250	4,852	NA	NA	$	171	NA		NA		$	35.29
September 2017	250		527	3,858	NA	25		$	202	NA		$	51.72
February 2017	250		NA	5,500	NA	NA		240		NA		$	43.57
February 2016	500		NA	51	5,719	NA		3		$	438	$	76.47
Total			5,379	9,409	5,719	$	196	$	445	$	438

In March 2018, the Company's Board of Directors approved a new $250 million share repurchase program, which included the $23 million remaining under the September 2017 repurchase program.

In September 2017, the Company's Board of Directors approved a $250 million share repurchase program, which included the $10 million remaining under the February 2017 repurchase program.

In February 2017, the Company's Board of Directors approved a $250 million share repurchase program, which included the $59 million remaining under the February 2016 repurchase program.

In February 2016, the Company's Board of Directors approved a $500 million share repurchase program, which included the $17 million remaining under the June 2015 repurchase program.

The March 2018 repurchase program had $79 million remaining as of February 2, 2019.

There were $2 million of share repurchases reflected in Accounts Payable on the February 3, 2018 Consolidated Balance Sheet.

Treasury Stock Retirement

In November 2017, the Company retired 36 million shares of its treasury stock. The retirement resulted in a reduction of $2.036 billion in Treasury Stock, $18 million in the par value of Common Stock, $82 million in Paid-in Capital and $1.936 billion in Retained Earnings.

Dividends

Under the authority and declaration of the Board of Directors, the Company paid the following dividends during fiscal 2018, 2017 and 2016:



	Ordinary Dividends		Special Dividends		Total Dividends		Total Paid
	(per share)						(in millions)
2018
Fourth Quarter	$	0.60	$	—	$	0.60	$	166
Third Quarter	0.60		—		0.60		165
Second Quarter	0.60		—		0.60		167
First Quarter	0.60		—		0.60		168
2018 Total	$	2.40	$	—	$	2.40	$	666
2017
Fourth Quarter	$	0.60	$	—	$	0.60	$	170
Third Quarter	0.60		—		0.60		172
Second Quarter	0.60		—		0.60		172
First Quarter	0.60		—		0.60		172
2017 Total	$	2.40	$	—	$	2.40	$	686
2016
Fourth Quarter	$	0.60	$	—	$	0.60	$	172
Third Quarter	0.60		—		0.60		173
Second Quarter	0.60		—		0.60		173
First Quarter	0.60		2.00		2.60		750
2016 Total	$	2.40	$	2.00	$	4.40	$	1,268

Subsequent to February 2, 2019, the Company's Board of Directors declared the first quarter of 2019 ordinary dividend of $0.30 per share.