Shareholders' Equity

3 Months Ended

Dec. 25, 2020

Shareholders' Equity

Shareholder' Equity

14. Shareholders’ Equity

Dividends

We paid cash dividends to shareholders as follows:

	For the
	Quarters Ended
	December 25,		December 27,
	2020		2019
Dividends paid per common share	$	0.48	$	0.46

Upon shareholders’ approval of a dividend payment, we record a liability with a corresponding charge to shareholders’ equity. At December 25, 2020 and September 25, 2020, the unpaid portion of the dividends recorded in accrued and other current liabilities on the Condensed Consolidated Balance Sheets totaled $159 million and $317 million, respectively.

Share Repurchase Program

Common shares repurchased under the share repurchase program were as follows:

	For the
	Quarters Ended
	December 25,		December 27,
	2020		2019
	(in millions)
Number of common shares repurchased		1		2
Repurchase value	$	127	$	143

At December 25, 2020, we had $868 million of availability remaining under our share repurchase authorization.