Equity

3 Months Ended

May 12, 2024

Equity [Abstract]

Stockholders' equity

Note 5—Equity

Dividends

A quarterly cash dividend of $1.16 per share was declared on April 10, 2024, and paid on May 10, 2024. The dividend was $1.02 per share in the third quarter of 2023. On January 12, 2024, an aggregate payment of approximately $6,655 was made in connection with a special 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 May 12, 2024, the remaining amount available under the program was $3,079. The following table summarizes the repurchase activity:

	Shares Repurchased (000s)	Average Price per Share		Total Cost
Third quarter of 2024	221	$	733.23	$	162
First thirty-six weeks of 2024	749	$	646.07	$	484
Third quarter of 2023	329	$	492.71	$	162
First thirty-six weeks of 2023	908	$	492.30	$	447

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.