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Shareholders' Equity (Tables)
 12 Months Ended
Sep. 27, 2014
Cash Dividends Declared and Paid Per Common Share

The Company declared and paid cash dividends per common share during the periods presented as follows:

 

                                     
    Dividends
Per Share		     Amount
(in millions)		  
2014:    

Fourth quarter

   $ 0.47      $ 2,807   

Third quarter

     0.47        2,830   

Second quarter

     0.44        2,655   

First quarter

     0.44        2,739   
 

 

 

    

 

 

  

Total

   $ 1.82      $ 11,031   
 

 

 

    

 

 

  
2013:    

Fourth quarter

   $ 0.44      $ 2,763   

Third quarter

     0.44        2,789   

Second quarter

     0.38        2,490   

First quarter

     0.38        2,486   
 

 

 

    

 

 

  

Total

   $ 1.64      $ 10,528   
 

 

 

    

 

 

  
Accelerated Share Repurchase Arrangements

The following table presents the Company’s ASRs:

 

                                                                                                           
    Purchase
Period End
Date		      Number of
Shares
(in thousands)		      Average
Repurchase
Price Per
Share		      ASR
Amount
(in millions)		  

August 2014 ASR

         (1)         59,924 (1)             (1)       $ 9,000   

January 2014 ASR

         (1)         134,247 (1)             (1)       $ 12,000   

April 2013 ASR

     March 2014            172,548 (2)       $ 69.55          $ 12,000   

August 2012 ASR

     April 2013            28,544           $ 68.31          $ 1,950   

 

  (1)

“Number of Shares” represents those shares delivered in advance of settlement and does not represent the final number of shares to be delivered under the ASRs. The total number of shares ultimately delivered, and therefore the average repurchase price paid per share, will be determined at the end of the applicable purchase period based on the volume weighted-average price of the Company’s common stock during that period. The August 2014 ASR and January 2014 ASR purchase periods will end in or before February 2015 and December 2014, respectively.

  

 

  (2) 

Includes 8.0 million shares that were delivered and retired at the end of the purchase period, which concluded in the second quarter of 2014.

  
Repurchases of Common Shares in Open Market

Additionally, the Company repurchased shares of its common stock in the open market, which were retired upon repurchase, during the periods presented as follows:

 

                                                                                                                 
    Number of Shares
(in thousands)		     Average Repurchase
Price Per Share		     Amount
(in millions)		  
2014:      

Fourth quarter

     81,255      $ 98.46      $ 8,000   

Third quarter

     58,661      $ 85.23        5,000   

Second quarter

     79,749      $ 75.24        6,000   

First quarter

     66,847      $ 74.79        5,000   
 

 

 

      

 

 

  

Total

     286,512        $ 24,000   
 

 

 

      

 

 

  
2013:      

Fourth quarter

     73,064      $ 68.43      $ 5,000   

Third quarter

     62,676      $ 63.82        4,000   

Second quarter

     0      $ 0        0   

First quarter

     0      $ 0        0   
 

 

 

      

 

 

  

Total

     135,740        $ 9,000