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Shareholders' Equity
12 Months Ended
Sep. 28, 2024
Equity [Abstract]  
Shareholders' Equity Shareholders’ Equity
Share Repurchase Program
During 2024, the Company repurchased 499 million shares of its common stock for $95.0 billion. The Company’s share repurchase programs do not obligate the Company to acquire a minimum amount of shares. Under the programs, shares may be repurchased in privately negotiated or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act.
Shares of Common Stock
The following table shows the changes in shares of common stock for 2024, 2023 and 2022 (in thousands):
202420232022
Common stock outstanding, beginning balances15,550,061 15,943,425 16,426,786 
Common stock repurchased(499,372)(471,419)(568,589)
Common stock issued, net of shares withheld for employee taxes66,097 78,055 85,228 
Common stock outstanding, ending balances15,116,786 15,550,061 15,943,425