Dividends

The Company’s current quarterly dividend rate is $0.50 per share, compared to $0.45 per share in the second quarter of 2017. On January 30, 2018, the Board of Directors declared a quarterly cash dividend in the amount of $0.50 per share, which was paid on March 2, 2018.

Stock Repurchase Programs

Stock repurchase activity during the second quarter and first half of 2018 and 2017 is summarized below:



	Shares Repurchased (000's)	Average Price per Share		Total Cost
Second quarter of 2018	313	$	187.70	$	59
First half of 2018	1,047	$	170.06	$	178

Second quarter of 2017	411	$	159.86	$	66
First half of 2017	1,220	$	153.98	$	188

These amounts may differ from the stock repurchase balances in the accompanying condensed consolidated statements of cash flows due to changes in unsettled stock repurchases at the end of a quarter. The remaining amount available for stock repurchases under our approved plan, which expires in April 2019, was $2,571 at February 18, 2018. Purchases are made from time-to-time, as conditions warrant, in the open market or in block purchases and pursuant to plans under SEC Rule 10b5-1.

Components of Equity and Comprehensive Income

The following tables show the changes in equity attributable to Costco and the noncontrolling interests of consolidated subsidiaries:



	Attributable to Costco			Noncontrolling Interests			Total Equity
Equity at September 3, 2017	$	10,778		$	301		$	11,079
Comprehensive income:
Net income	1,341			23			1,364
Foreign-currency translation adjustment and other, net	117			10			127
Comprehensive income	1,458			33			1,491
Stock-based compensation	348			0			348
Release of vested restricted stock units (RSUs), including tax effects	(216		)	0			(216		)
Repurchases of common stock	(178		)	0			(178		)
Cash dividends declared and other	(436		)	(35		)	(471		)
Equity at February 18, 2018	$	11,754		$	299		$	12,053



	Attributable to Costco			Noncontrolling Interests		Total Equity
Equity at August 28, 2016	$	12,079		$	253	$	12,332
Comprehensive income:
Net income	1,060			16		1,076
Foreign-currency translation adjustment and other, net	(234		)	3		(231		)
Comprehensive income	826			19		845
Stock-based compensation	322			0		322
Release of vested RSUs, including tax effects	(164		)	0		(164		)
Repurchases of common stock	(188		)	0		(188		)
Cash dividends declared and other	(435		)	0		(435		)
Equity at February 12, 2017	$	12,440		$	272	$	12,712