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Share Repurchase Program
12 Months Ended
Dec. 28, 2019
Share Repurchase Program [Abstract]  
Share Repurchase Program .
Share Repurchase Program:

Our share repurchase program allows us to repurchase our common stock on the open market or in privately negotiated transactions from time to time. On August 7, 2019, our Board of Directors authorized a $400.0 million share repurchase program. This new authorization replaced the previous $600.0 million share repurchase program that was authorized by our Board of Directors on August 8, 2018, which had $49.1 million remaining at the time of its replacement. On November 8, 2019, our Board of Directors authorized $700.0 million as an addition to the existing share repurchase program.

During 2019, we repurchased 3.4 million shares of our common stock at an aggregate cost of $487.4 million, or an average price of $144.23 per share, in connection with our share repurchase program. We had $890.8 million remaining under our share repurchase program as of December 28, 2019. During 2018, we repurchased 1.7 million shares of our common stock at an aggregate cost of $272.8 million, or an average price of $163.17 per share, under our share repurchase program.