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STOCKHOLDERS' EQUITY
9 Months Ended
Mar. 31, 2012
STOCKHOLDERS' EQUITY

NOTE 16    STOCKHOLDERS’ EQUITY

Share Repurchases

We repurchased the following shares of common stock during the periods presented:

 

(In millions)    Three Months Ended
March 31,
    Nine Months Ended
March 31,
 


     2012     2011     2012     2011  

Shares of common stock repurchased

     31        30        109        381   

Value of common stock repurchased

   $   1,000      $   827      $   3,000      $   9,827   


 

We repurchased all shares with cash resources. As of March 31, 2012, approximately $9.2 billion remained of our $40.0 billion repurchase program that we announced on September 22, 2008. The repurchase program expires September 30, 2013 but may be suspended or discontinued at any time without notice.

Dividends

Our Board of Directors declared the following dividends during the periods presented:

 

Declaration Date    Dividend
Per Share
    Record Date      Total Amount     Payment Date  


                  (in millions)        
Fiscal Year 2012                          

September 20, 2011

   $ 0.20        November 17, 2011       $   1,683        December 8, 2011   

December 14, 2011

   $ 0.20        February 16, 2012       $ 1,683        March 8, 2012   

March 13, 2012

   $ 0.20        May 17, 2012       $ 1,680        June 14, 2012   
Fiscal Year 2011                          

September 21, 2010

   $ 0.16        November 18, 2010       $ 1,363        December 9, 2010   

December 15, 2010

   $ 0.16        February 17, 2011       $ 1,349        March 10, 2011   

March 14, 2011

   $   0.16        May 19, 2011       $ 1,350        June 9, 2011   


The estimate of the amount to be paid as a result of the March 13, 2012 declaration was included in other current liabilities as of March 31, 2012.