Stock Repurchase Program	5 Months Ended
Feb. 11, 2023
Equity
Stock Repurchase Program	Note H – Stock Repurchase Program From January 1, 1998 to February 11, 2023, the Company has repurchased a total of 153.3 million shares of its common stock at an aggregate cost of $31.9 billion, including 764.3 thousand shares of its common stock at an aggregate cost of $1.8 billion (inclusive of excise tax of $5.8 million) during the twenty-four week period ended February 11, 2023. The excise tax is assessed at one percent of the fair market value of net stock repurchases after December 31, 2022. On October 4, 2022, the Board voted to authorize the repurchase of an additional $2.5 billion of the Company’s common stock in connection with its ongoing share repurchase program, which raised the total value of shares authorized to be repurchased to $33.7 billion. Considering the cumulative repurchases as of February 11, 2023, the Company had $1.8 billion remaining under the Board’s authorization to repurchase its common stock. During the twenty-four week period ended February 11, 2023, the Company retired 2.1 million shares of treasury stock which had been previously repurchased under the Company’s share repurchase program. The retirement increased Retained deficit by $4.2 billion and decreased Additional paid-in capital by $143.4 million. During the comparable prior year period, the Company retired 2.5 million shares of treasury stock, which increased Retained deficit by $3.3 billion and decreased Additional paid-in capital by $294.9 million. Subsequent to February 11, 2023 and through March 10, 2023, the Company has repurchased 83.5 thousand shares of its common stock at an aggregate cost of $210.0 million.

Stock Repurchase Program

5 Months Ended

Feb. 11, 2023

Note H – Stock Repurchase Program

From January 1, 1998 to February 11, 2023, the Company has repurchased a total of 153.3 million shares of its common stock at an aggregate cost of $31.9 billion, including 764.3 thousand shares of its common stock at an aggregate cost of $1.8 billion (inclusive of excise tax of $5.8 million) during the twenty-four week period ended February 11, 2023. The excise tax is assessed at one percent of the fair market value of net stock repurchases after December 31, 2022.

On October 4, 2022, the Board voted to authorize the repurchase of an additional $2.5 billion of the Company’s common stock in connection with its ongoing share repurchase program, which raised the total value of shares authorized to be repurchased to $33.7 billion. Considering the cumulative repurchases as of February 11, 2023, the Company had $1.8 billion remaining under the Board’s authorization to repurchase its common stock.

During the twenty-four week period ended February 11, 2023, the Company retired 2.1 million shares of treasury stock which had been previously repurchased under the Company’s share repurchase program. The retirement increased Retained deficit by $4.2 billion and decreased Additional paid-in capital by $143.4 million. During the comparable prior year period, the Company retired 2.5 million shares of treasury stock, which increased Retained deficit by $3.3 billion and decreased Additional paid-in capital by $294.9 million.

Subsequent to February 11, 2023 and through March 10, 2023, the Company has repurchased 83.5 thousand shares of its common stock at an aggregate cost of $210.0 million.