Stockholders' Equity

12 Months Ended

Jan. 28, 2018

Notes to financial statements [Abstract]

Stockholders' Equity

Shareholders’ Equity

Capital Return Program

Beginning August 2004, our Board of Directors authorized us to repurchase our stock.

During fiscal year 2018, we repurchased a total of 6 million shares for $909 million and paid $341 million in cash dividends to our shareholders.

Through January 28, 2018, we have repurchased an aggregate of 251 million shares under our share repurchase program for a total cost of $5.5 billion. All shares delivered from these repurchases have been placed into treasury stock. As of January 28, 2018, we were authorized, subject to certain specifications, to repurchase additional shares of our common stock up to $1.82 billion through December 2020.

Preferred Stock

As of January 28, 2018 and January 29, 2017, there were no shares of preferred stock outstanding.

Common Stock

We are authorized to issue up to 2.00 billion shares of our common stock at $0.001 per share par value.