Stock Repurchase Program

3 Months Ended

Nov. 23, 2013

Equity [Abstract]

Stock Repurchase Program

Note I – Stock Repurchase Program

From January 1, 1998 to November 23, 2013, the Company has repurchased a total of 135.3 million shares at an aggregate cost of $13.2 billion, including 678,143 shares of its common stock at an aggregate cost of $291.5 million during the twelve week period ended November 23, 2013. Considering the cumulative repurchases as of November 23, 2013, the Company had $176.9 million remaining under the Board’s authorization to repurchase its common stock.

Subsequent to November 23, 2013, the Company has repurchased no shares of its common stock. On December 17, 2013, the Board voted to increase the authorization by $750 million to raise the cumulative share repurchase authorization from $13.40 billion to $14.15 billion. Considering the cumulative repurchases and the increase in the authorization subsequent to November 23, 2013, the Company has $926.9 million remaining under the Board’s authorization to repurchase its common stock.