−Removed: Unregistered Sales of Equity Securities and Use of Proceeds
+Added: Unregistered Sales of Equity Securities, Use of Proceeds, and Issuer Purchases of Equity Securities
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: Share repurchase activity during the three months ended April 1, 2023 was as follows (in millions, except number of shares, which are reflected in thousands, and per share amounts):
+Added: Share repurchase activity during the three months ended July 1, 2023 was as follows (in millions, except number of shares, which are reflected in thousands, and per share amounts):
Periods Total Number
5 unchanged sentences
Under the Plans or Programs (1)
−Removed: January 1, 2023 to February 4, 2023:
+Added: April 2, 2023 to May 6, 2023:
Open market and privately negotiated purchases
38,121 $ 165.46 38,121
−Removed: February 5, 2023 to March 4, 2023:
+Added: May 7, 2023 to June 3, 2023:
Open market and privately negotiated purchases
21,876 $ 174.91 21,876
−Removed: March 5, 2023 to April 1, 2023:
+Added: June 4, 2023 to July 1, 2023:
Open market and privately negotiated purchases
2 unchanged sentences
(1) On April 28, 2022, the Board of Directors authorized the purchase of an additional $90 billion of the Company’s common stock under a share repurchase program.
−Removed: As of April 1, 2023, total utilization under the April 2022 authorization was $67.4 billion.
−Removed: On May 4, 2023, the Company announced the Board of Directors had authorized an additional program to repurchase up to $90 billion of the Company’s common stock.
+Added: As of July 1, 2023, remaining availability under the April 2022 authorization was $4.6 billion.
+Added: On May 4, 2023, the Board of Directors authorized an additional program to repurchase up to $90 billion of the Company’s common stock.
The programs do not obligate the Company to acquire a minimum amount of shares.
Under the programs, shares may be repurchased in privately negotiated or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act.
−Removed: | Q2 2023 Form 10-Q | 20
Defaults Upon Senior Securities
2 unchanged sentences
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.