Stockholders' Equity (Tables)

12 Months Ended

Sep. 30, 2016

Stockholders' Equity Note [Abstract]

The number of shares of each series and class and the number of shares of class A common stock on an as-converted basis at September 30, 2016, are as follows:



(in millions, except conversion rate)	Shares Outstanding	Conversion Rate Into Class A Common Stock		As-converted Class A Common Stock ⁽¹⁾
U.K.&I preferred stock	2	13.9520		35
Europe preferred stock	3	13.9520		44
Class A common stock ⁽²⁾	1,871	—		1,871
Class B common stock	245	1.6483	⁽³⁾	405
Class C common stock	17	4.0000		67
Total				2,422


⁽¹⁾	Figures in the table may not recalculate exactly due to rounding. As-converted class A common stock is calculated based on unrounded numbers.


⁽²⁾	Class A common stock shares outstanding reflect repurchases settled on or before September 30, 2016. The Company repurchased an additional 1 million shares at the end of September, which did not settle until October 2016.


⁽³⁾	The class B to class A common stock conversion rate is presented on a rounded basis. Conversion calculations for dividend payments are based on a conversion rate rounded to the tenth decimal.

Schedule of Share Repurchases in the Open Market

The following table presents share repurchases in the open market during the following fiscal years:



(in millions, except per share data)	2016 ⁽¹⁾		2015
Shares repurchased in the open market⁽²⁾	91		44
Average repurchase price per share⁽³⁾	$	77.05	$	65.98
Total cost	$	6,987	$	2,910


⁽¹⁾	Shares repurchased in the open market reflect repurchases settled on or before September 30, 2016. The Company repurchased an additional 1 million shares for $120 million at the end of September, which did not settle until October 2016.


⁽²⁾	All shares repurchased in the open market have been retired and constitute authorized but unissued shares.


⁽³⁾	Figures in the table may not recalculate exactly due to rounding. Average repurchase price per share is calculated based on unrounded numbers.