Stock Repurchases

9 Months Ended

Jan. 02, 2015

The following table summarizes our stock repurchase activity:



	Three Months Ended January 2, 2015		Nine Months Ended January 2, 2015

	(In millions, except per share data)
Total number of shares repurchased	5		16
Dollar amount of shares repurchased	$	125	$	375
Average price paid per share	$	25.63	$	23.18

Through our stock repurchase programs we have repurchased shares on a quarterly basis since the fourth quarter of fiscal 2004. During the fourth quarter of fiscal 2013, our Board of Directors authorized a $1.0 billion stock repurchase program which commenced in fiscal 2014. Our active stock repurchase program has $283 million remaining authorized for future repurchase as of January 2, 2015, and does not have an expiration date.