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Capital and Treasury Stock
12 Months Ended
Dec. 29, 2019
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, 2017
 
413,332

 
$
28,352

Employee compensation and stock option plans
 
(25,508
)
 
(3,156
)
Repurchase of common stock
 
49,494

 
6,358

Balance at December 31, 2017
 
437,318

 
31,554

Employee compensation and stock option plans
 
(22,082
)
 
(3,060
)
Repurchase of common stock
 
42,283

 
5,868

Balance at December 30, 2018
 
457,519

 
34,362

Employee compensation and stock option plans
 
(20,053
)
 
(2,691
)
Repurchase of common stock
 
49,870

 
6,746

Balance at December 29, 2019
 
487,336

 
$
38,417



Aggregate shares of common stock issued were approximately 3,119,843,000 shares at the end of 2019, 2018 and 2017.

Cash dividends paid were $3.75 per share in 2019, compared with dividends of $3.54 per share in 2018, and $3.32 per share in 2017.
On December 17, 2018, 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. This share repurchase program was completed as of September 29, 2019.
On October 13, 2015, the Company announced that its Board of Directors approved a share repurchase program, authorizing the Company to purchase up to $10.0 billion of the Company's shares of common stock. This share repurchase program was completed as of July 2, 2017.