1 unchanged sentence
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: Share repurchase activity during the three months ended June 28, 2025, 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 December 27, 2025, 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: March 30, 2025 to May 3, 2025:
+Added: September 28, 2025 to November 1, 2025:
Open market and privately negotiated purchases 28,567 $ 256.69 28,567
−Removed: May 4, 2025 to May 31, 2025:
+Added: November 2, 2025 to November 29, 2025:
Open market and privately negotiated purchases 29,018 $ 272.25 29,018
−Removed: June 1, 2025 to June 28, 2025:
+Added: November 30, 2025 to December 27, 2025:
Open market and privately negotiated purchases 35,309 $ 276.61 35,309
1 unchanged sentence
(1) On May 1, 2025, the Company announced a program to repurchase up to $100 billion of the Company’s common stock.
−Removed: As of June 28, 2025, remaining availability under the May 2024 program was $19.8 billion.
−Removed: On May 1, 2025, the Company announced an additional program to repurchase up to $100 billion of the Company’s common stock.
−Removed: The programs do not obligate the Company to acquire a minimum amount of shares.
−Removed: 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.
+Added: As of December 27, 2025, $25.2 billion of the May 2025 program had been utilized.
+Added: The program does not obligate the Company to acquire a minimum amount of shares.
+Added: Under the program, shares may be repurchased in privately negotiated or open market transactions, including under plans complying with Rule 10b5-1 under the Exchange Act.
Defaults Upon Senior Securities
1 unchanged sentence
Not applicable.
+Added: | Q1 2026 Form 10-Q | 20
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.