XML 96 R13.htm IDEA: XBRL DOCUMENT v2.4.0.8
Equity
 9 Months Ended
Jun. 30, 2013
Equity [Abstract]  
Equity
Equity
Changes in total equity (in millions):
 
Three Quarters Ended
 
Jun 30, 2013
 
Jul 1, 2012
Beginning balance of total equity
$
5,114.5

 
$
4,387.3

Net earnings including noncontrolling interest
1,240.9

 
1,025.7

Other comprehensive loss
(8.2
)
 
(48.8
)
Stock-based compensation expense
107.0

 
116.3

Exercise of stock options/vesting of RSUs
293.6

 
295.6

Sale of common stock
15.1

 
14.3

Repurchase of common stock
(544.1
)
 
(15.7
)
Cash dividends declared
(471.2
)
 
(386.7
)
Ending balance of total equity
$
5,747.6

 
$
5,388.0


Components of accumulated other comprehensive income, net of tax (in millions):
 
Jun 30, 2013
 
Sep 30, 2012
Net unrealized losses on available-for-sale securities
$
(0.3
)
 
$
(0.1
)
Net unrealized losses on hedging instruments
(9.9
)
 
(72.1
)
Translation adjustment
24.7

 
94.9

Accumulated other comprehensive income
$
14.5

 
$
22.7


In addition to 1.2 billion shares of authorized common stock with $0.001 par value per share, the Company has authorized 7.5 million shares of preferred stock, none of which was outstanding as of June 30, 2013.
Share repurchase activity (in millions, except for average price data):
 
Three Quarters Ended
 
Jun 30, 2013
 
Jul 1, 2012
Number of shares acquired
10.8

 
0.4

Average price per share of acquired shares
$
50.52

 
$
36.49

Total cost of acquired shares
$
544.1

 
$
15.7


As of June 30, 2013, 26.4 million shares remained available for repurchase under current authorizations.

During the third quarter of fiscal 2013, Starbucks Board of Directors declared a quarterly cash dividend to shareholders of $0.21 per share to be paid on August 23, 2013 to shareholders of record as of the close of business on August 8, 2013.