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Equity
9 Months Ended
Jul. 01, 2012
Equity [Abstract]  
Equity
Equity
Changes in total equity (in millions):
 
Three Quarters Ended
 
Jul 1, 2012
 
Jul 3, 2011
Beginning balance of total equity
$
4,387.3

 
$
3,682.3

Net earnings including noncontrolling interest
1,025.7

 
889.9

Other comprehensive income / (loss)
(48.8
)
 
40.3

Comprehensive income
976.9

 
930.2

Stock-based compensation expense
116.3

 
109.8

Exercise of stock options
295.6

 
255.4

Sale of common stock
14.3

 
14.1

Repurchase of common stock
(15.7
)
 
(321.9
)
Cash dividends declared
(386.7
)
 
(292.9
)
Purchase of noncontrolling interest:
 
 
 
Included in additional paid-in capital

 
(28.0
)
Included in noncontrolling interests

 
(7.5
)
Ending balance of total equity
$
5,388.0

 
$
4,341.5


Components of accumulated other comprehensive income, net of tax (in millions):
 
 
Jul 1, 2012
 
Oct 2, 2011
Net unrealized gains / (losses) on available-for-sale securities
$
(0.5
)
 
$
(0.5
)
Net unrealized gains / (losses) on hedging instruments
(71.1
)
 
(45.3
)
Translation adjustment
69.1

 
92.1

Accumulated other comprehensive income
$
(2.5
)
 
$
46.3


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 1, 2012.
Share repurchase activity (in millions, except for average price data):
 
 
Three Quarters Ended
 
Jul 1, 2012
 
Jul 3, 2011
Number of shares acquired
0.4

 
9.2

Average price per share of acquired shares
$
36.49

 
$
35.12

Total cost of acquired shares
$
15.7

 
$
321.9


As of July 1, 2012, 24.0 million shares remained available for repurchase under the current authorization.

During the third quarter of fiscal 2012, Starbucks Board of Directors declared a quarterly cash dividend to shareholders of $0.17 per share to be paid on August 24, 2012 to shareholders of record as of the close of business on August 8, 2012.