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Equity
3 Months Ended
Dec. 29, 2013
Equity [Abstract]  
Equity
Changes in total equity (in millions):
 
Quarter Ended
 
Dec 29, 2013
 
Dec 30, 2012
Beginning balance of total equity
$
4,482.3

 
$
5,114.5

Net earnings including noncontrolling interests
540.7

 
432.4

Other comprehensive income / (loss)
1.7

 
(10.8
)
Stock-based compensation expense
48.4

 
37.9

Exercise of stock options/vesting of RSUs
54.6

 
144.6

Sale of common stock
5.3

 
5.0

Repurchase of common stock
(46.7
)
 
(392.7
)
Cash dividends declared
(196.8
)
 
(155.9
)
Ending balance of total equity
$
4,889.5

 
$
5,175.0


Changes in accumulated other comprehensive income ("AOCI") by component for the quarter ended December 29, 2013, net of tax (in millions):
 
Gains / (Losses) on Cash Flow Hedges
 
Gains / (Losses) on Net Investment Hedges
 
Unrealized Gains/(Losses) on Available-for-Sale Securities
 
Translation Adjustment
 
Total
Balance at September 29, 2013
$
26.8

 
$
(12.9
)
 
$
(0.5
)
 
$
53.6

 
$
67.0

OCI before reclassifications
7.9

 
6.2

 
(1.2
)
 
(18.7
)
 
(5.8
)
Amounts reclassified from AOCI
7.5

 

 

 

 
7.5

Net current period OCI
15.4

 
6.2

 
(1.2
)
 
(18.7
)
 
1.7

Balance at December 29, 2013
$
42.2

 
$
(6.7
)
 
$
(1.7
)
 
$
34.9

 
$
68.7



Impact of reclassifications from AOCI by component on the consolidated statements of earnings for the quarter ended December 29, 2013 (in millions):
AOCI
Components
 
Amounts Reclassified
from AOCI
 
Affected Line Item in
the Statements of Earnings
Gains/(losses) on cash flow hedges
 
 
 
 
Interest rate hedges
 
$
1.2

 
Interest expense
Foreign currency hedges
 
1.0

 
Revenue
Foreign currency / coffee hedges
 
(9.8
)
 
Cost of sales including occupancy costs
 
 
(7.6
)
 
Total before tax
 
 
0.1

 
Tax (expense)/benefit
 
 
$
(7.5
)
 
Net of tax


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 December 29, 2013.
Share repurchase activity (in millions, except for average price data):
 
Quarter Ended
 
Dec 29, 2013
 
Dec 30, 2012
Number of shares acquired
0.6

 
8.0

Average price per share of acquired shares
$
77.25

 
$
48.88

Total cost of acquired shares
$
46.7

 
$
392.7


As of December 29, 2013, 25.8 million shares remained available for repurchase under current authorizations.

During the first quarter of fiscal 2014, Starbucks Board of Directors declared a quarterly cash dividend to shareholders of $0.26 per share to be paid on February 21, 2014 to shareholders of record as of the close of business on February 6, 2014.