Unregistered Sales of Equity Securities and Use of Proceeds
−Removed: There were no sales of unregistered equity securities during the quarter ended June 29, 2025.
−Removed: The following table provides information about our repurchases of our common stock that is registered pursuant to Section 12 of the Securities Exchange Act of 1934 during the quarter ended June 29, 2025.
+Added: There were no sales of unregistered equity securities during the quarter ended September 28, 2025.
+Added: The following table provides information about our repurchases of our common stock that is registered pursuant to Section 12 of the Securities Exchange Act of 1934 during the quarter ended September 28, 2025.
Purchased Average
5 unchanged sentences
(in millions)
−Removed: March 31, 2025 – April 27, 2025 (c)
+Added: June 30, 2025 – July 27, 2025 (c)
1,019,637 $ 422.72 1,019,637 $ 7,642
−Removed: April 28, 2025 – May 25, 2025 (c)
+Added: July 28, 2025 – August 31, 2025 (c)
810,392 $ 433.91 808,402 $ 7,292
−Removed: May 26, 2025 – June 29, 2025 (c)
+Added: September 1, 2025 – September 28, 2025 (c)
465,622 $ 468.59 465,613 $ 7,073
2 unchanged sentences
As a result, our fiscal months often differ from the calendar months.
−Removed: For example, June 29, 2025 was the last day of our June 2025 fiscal month.
−Removed: (b) In October 2010, our Board of Directors approved and on October 25, 2010 we announced a share repurchase program pursuant to which we are authorized to repurchase our common stock in privately negotiated transactions or in the open market at prices per share not exceeding the then-current market prices.
+Added: For example, September 28, 2025 was the last day of our September 2025 fiscal month.
+Added: (b) In 2010, our Board of Directors approved a share repurchase program pursuant to which we are authorized to repurchase our common stock in privately negotiated transactions or in the open market at prices per share not exceeding the then-current market prices.
From time to time, our Board of Directors authorizes increases to our share repurchase program.
−Removed: The total remaining authorization for future common share repurchases under our share repurchase program was $8.1 billion as of June 29, 2025.
+Added: The total remaining authorization for future common share repurchases under our share repurchase program was $7.1 billion as of September 28, 2025.
+Added: In October 2025, the Board of Directors authorized an increase of $2.0 billion to our share repurchase program.
Under the program, management has discretion to determine the dollar amount of shares to be repurchased and the timing of any repurchases in compliance with applicable law and regulation.
1 unchanged sentence
The program does not have an expiration date.
−Removed: (c) During the quarter ended June 29, 2025, the total number of shares purchased included 63 shares that were transferred to us by employees in satisfaction of tax withholding obligations associated with the vesting of restricted stock units.
+Added: (c) During the quarter ended September 28, 2025, the total number of shares purchased included 1,999 shares that were transferred to us by employees in satisfaction of tax withholding obligations associated with the vesting of restricted stock units.
These purchases were made pursuant to a separate authorization by our Board of Directors and are not included within the program.
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.