Capital Stock

12 Months Ended

Sep. 29, 2024

Equity [Abstract]

Capital Stock

Capital Stock

Stock Repurchase Program. On October 12, 2021, we announced a $10.0 billion stock repurchase program. At September 29, 2024, $1.0 billion remained authorized for repurchase under this stock repurchase program. On November 6, 2024, we announced a new $15.0 billion stock repurchase authorization, which is in addition to the aforementioned program. The stock repurchase programs have no expiration date.

Shares Outstanding. Shares of common stock outstanding at September 29, 2024 were as follows (in millions):

Balance at beginning of period	1,114
Issued	24
Repurchased	(25)
	1,113

Dividends. On October 16, 2024, we announced a cash dividend of $0.85 per share on our common stock, payable on December 19, 2024 to stockholders of record as of the close of business on December 5, 2024.