1 unchanged sentence
Purchases of Equity Securities by the Issuer and Affiliated Purchasers
−Removed: Share repurchase activity during the three months ended March 28, 2026, 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 June 27, 2026, 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: December 28, 2025 to January 31, 2026:
+Added: March 29, 2026 to May 2, 2026:
Open market and privately negotiated purchases — $ — —
−Removed: February 1, 2026 to February 28, 2026:
+Added: May 3, 2026 to May 30, 2026:
+Added: May 2026 ASRs 26,468 (2)
Open market and privately negotiated purchases 26,920 $ 297.18 26,920
−Removed: March 1, 2026 to March 28, 2026:
+Added: May 31, 2026 to June 27, 2026:
Open market and privately negotiated purchases 26,223 $ 296.18 26,223
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 March 28, 2026, $36.2 billion of the May 2025 program had been utilized.
−Removed: On April 30, 2026, the Company announced the Board of Directors had authorized an additional program to repurchase up to $100 billion of the Company’s common stock.
+Added: As of June 27, 2026, remaining availability under the May 2025 program was $38.0 billion.
+Added: On April 30, 2026, the Company announced an additional program to repurchase up to $100 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 2026 Form 10-Q | 24
+Added: (2) In May 2026, the Company entered into new accelerated share repurchase agreements (“ASRs”).
+Added: Under the terms of the ASRs, financial institutions committed to deliver shares of the Company’s common stock during the purchase periods in exchange for up-front payments totaling $10.0 billion.
+Added: The total number of shares ultimately delivered under the ASRs, and therefore the average repurchase price paid per share, is determined based on the volume-weighted average price of the Company’s common stock during the ASRs’ purchase periods, which end in the fourth quarter of 2026.
Defaults Upon Senior Securities
1 unchanged sentence
Not applicable.
+Added: | Q3 2026 Form 10-Q | 24
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.