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Capital and Treasury Stock
 12 Months Ended
Dec. 28, 2014
Equity [Abstract]  
Capital and Treasury Stock
Capital and Treasury Stock
Changes in treasury stock were:
 
 
Treasury Stock
(Amounts in Millions Except Treasury Stock Shares in Thousands)
 
Shares
 
Amount
Balance at January 1, 2012
 
395,480

 
$
21,659

Employee compensation and stock option plans
 
(55,170
)
 
(3,250
)
Issuance of common stock associated with the acquisition of Synthes, Inc.
 
(203,740
)
 
(12,852
)
Repurchase of common stock (1)
 
204,784

 
12,919

Balance at December 30, 2012
 
341,354

 
18,476

Employee compensation and stock option plans
 
(48,555
)
 
(3,367
)
Repurchase of common stock
 
6,416

 
591

Balance at December 29, 2013
 
299,215

 
15,700

Employee compensation and stock option plans
 
(32,302
)
 
(2,933
)
Repurchase of common stock
 
69,707

 
7,124

Balance at December 28, 2014
 
336,620

 
$
19,891


(1) Includes repurchase of common stock associated with the acquisition of Synthes, Inc.

Aggregate shares of common stock issued were approximately 3,119,843,000 shares at the end of 2014, 2013 and 2012.

Cash dividends paid were $2.76 per share in 2014, compared with dividends of $2.59 per share in 2013, and $2.40 per share in 2012.

On July 21, 2014, the Company announced that its Board of Directors approved a share repurchase program, authorizing the Company to purchase up to $5.0 billion of the Company's shares of common stock. As of December 28, 2014, $3.5 billion has been repurchased under the program. Share repurchases will take place on the open market from time to time based on market conditions. The repurchase program has no time limit and may be suspended for periods or discontinued at any time. Any shares acquired will be available for general corporate purposes. The Company intends to finance the share repurchase program through available cash.