Equity

9 Months Ended

Jul. 03, 2011

Equity

Equity

Note 8: Equity

Components of total equity (in millions):

	Three Quarters Ended
	July 3, 2011			June 27, 2010
Beginning balance of total equity	$	3,682.3		$	3,056.9
Net earnings including noncontrolling interest		889.9			669.8
Other comprehensive income / (loss)		40.3			(35.0	)
Comprehensive income		930.2			634.8
Stock-based compensation expense		109.8			83.3
Exercise of stock options		255.4			91.0
Sale of common stock		14.1			14.0
Repurchase of common stock		(321.9	)		(173.3	)
Cash dividends declared		(292.9	)		(171.5	)
Purchase of noncontrolling interest:
Included in Additional paid-in capital		(28.0	)		0.0
Included in Noncontrolling interests		(7.5	)		0.0
Net distributions to non-controlling interests		0.0			(0.6	)
Ending balance of total equity	$	4,341.5		$	3,534.6

Changes in noncontrolling interests for the three quarters ended July 3, 2011 and June 27, 2010 are not presented, as they were not material.

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 July 3, 2011.

Share repurchase activity (in millions, except for average price data):

	Three Quarters Ended
	July 3, 2011		June 27, 2010
Number of shares acquired		9.2		6.7
Average price per share of acquired shares	$	35.12	$	25.91
Total cost of acquired shares	$	321.9	$	173.3

As of July 3, 2011, 10.9 million shares remained available for repurchase under the current authorization.

During the third quarter of fiscal 2011, Starbucks Board of Directors declared a quarterly cash dividend to shareholders of $0.13 per share to be paid on August 26, 2011, to shareholders of record on the close of business on August 10, 2011.

Components of accumulated other comprehensive income, net of tax (in millions):

	July 3, 2011			Oct 3, 2010
Net unrealized gains / (losses) on available-for-sale securities	$	(0.2	)	$	(0.9	)
Net unrealized gains / (losses) on hedging instruments		(45.9	)		(40.5	)
Translation adjustment		143.6			98.6
Accumulated other comprehensive income	$	97.5		$	57.2