Stock Repurchase Program	8 Months Ended
May 06, 2023
Equity.
Stock Repurchase Program	Note H – Stock Repurchase Program From January 1, 1998 to May 6, 2023, the Company has repurchased a total of 153.6 million shares of its common stock at an aggregate cost of $32.8 billion, including 1.1 million shares of its common stock at an aggregate cost of $2.7 billion (inclusive of excise tax of $14.0 million) during the thirty-six week period ended May 6, 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 May 6, 2023, the Company had $843.6 million remaining under the Board’s authorization to repurchase its common stock. During the thirty-six week period ended May 6, 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 May 6, 2023 and through June 2, 2023, the Company has repurchased 86.7 thousand shares of its common stock at an aggregate cost of $219.9 million.

Stock Repurchase Program

8 Months Ended

May 06, 2023

Note H – Stock Repurchase Program

From January 1, 1998 to May 6, 2023, the Company has repurchased a total of 153.6 million shares of its common stock at an aggregate cost of $32.8 billion, including 1.1 million shares of its common stock at an aggregate cost of $2.7 billion (inclusive of excise tax of $14.0 million) during the thirty-six week period ended May 6, 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 May 6, 2023, the Company had $843.6 million remaining under the Board’s authorization to repurchase its common stock.

During the thirty-six week period ended May 6, 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 May 6, 2023 and through June 2, 2023, the Company has repurchased 86.7 thousand shares of its common stock at an aggregate cost of $219.9 million.