Stock Repurchase Program

12 Months Ended

Aug. 27, 2011

Note K — Stock Repurchase Program

During 1998, the Company announced a program permitting the Company to repurchase a portion of its outstanding shares not to exceed a dollar maximum established by the Board. The program was last amended on June 14, 2011 to increase the repurchase authorization to $10.4 billion from $9.9 billion. From January 1998 to August 27, 2011, the Company has repurchased a total of 127.3 million shares at an aggregate cost of $10.2 billion.

The Company’s share repurchase activity consisted of the following:


	Year Ended
	August 27,		August 28,		August 29,
(in thousands)	2011		2010		2009

Amount	$	1,466,802	$	1,123,655	$	1,300,002
Shares		5,598		6,376		9,313

Subsequent to the end of fiscal 2011, the Board voted to increase the authorization by $750 million to raise the cumulative share repurchase authorization from $10.4 billion to $11.15 billion. From August 28, 2011 to October 24, 2011, the Company repurchased approximately 527 thousand shares for $169.7 million.