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Stockholders' Equity
9 Months Ended
Mar. 31, 2013
Stockholders' Equity

NOTE 15 — STOCKHOLDERS’ EQUITY

Share Repurchases

We repurchased the following shares of common stock through our repurchase program, during the periods presented:

 

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


     2013     2012     2013     2012  

Shares of common stock repurchased

     36        31        127        109   

Value of common stock repurchased

   $   1,000      $   1,000      $   3,607      $   3,000   


Excluded from this table are shares repurchased to settle statutory employee tax withholding related to the vesting of stock awards. We repurchased all shares with cash resources. As of March 31, 2013, approximately $4.6 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 2013                          

September 18, 2012

   $   0.23        November 15, 2012       $   1,933        December 13, 2012   

November 28, 2012

   $ 0.23        February 21, 2013       $ 1,925        March 14, 2013   

March 11, 2013

   $ 0.23        May 16, 2013       $ 1,920        June 13, 2013   
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       $ 1,678        June 14, 2012   


The estimate of the amount to be paid as a result of the March 11, 2013 declaration was included in other current liabilities as of March 31, 2013.