Equity

3 Months Ended

Feb. 18, 2024

Equity [Abstract]

Stockholders' equity

Note 5—Equity

Dividends

A quarterly cash dividend of $1.02 per share was declared on January 18, 2024, and paid on February 16, 2024. The dividend was $0.90 per share in the second quarter of 2023. On January 12, 2024, an aggregate payment of approximately $6,655 was made in connection with a special cash dividend of $15.00 per share, declared on December 13, 2023.

Stock Repurchase Programs

The Company's stock repurchase program is conducted under a $4,000 authorization by the Board of Directors, which expires in January 2027. At February 18, 2024, the remaining amount available under the program was $3,241. The following table summarizes the repurchase activity:

	Shares Repurchased (000s)	Average Price per Share		Total Cost
Second quarter of 2024	240	$	664.02	$	160
First half of 2024	528	$	609.51	$	322
Second quarter of 2023	294	$	488.30	$	144
First half of 2023	579	$	492.06	$	285

These amounts may differ from the accompanying condensed consolidated statements of cash flows due to changes in unsettled stock repurchases at the end of each quarter. Purchases are made from time to time, as conditions warrant, in the open market or in block purchases and pursuant to plans under SEC Rule 10b5-1.