Share Repurchase

3 Months Ended

Apr. 30, 2011

Share Repurchase

Share Repurchase

9. Share Repurchase

We repurchased shares primarily through open market transactions under a $10 billion share repurchase plan authorized by our Board of Directors in November 2007. Share repurchases for the three months ended April 30, 2011 and May 1, 2010 were as follows:

Share Repurchases (millions, except per share data)		Total Number of Shares Purchased		Average Price Paid per Share			Total Investment
Three months ended May 1, 2010		7.5		$	52.27		$	394
Three months ended April 30, 2011		15.4		53.32			819

Of the shares reacquired, a portion was delivered upon settlement of prepaid forward contracts as follows:

Settlement of Prepaid Forward Contracts(a) (millions)		Total Cash Investment			Aggregate Market Value		(b)
Three months ended May 1, 2010		$	15		$	16
Three months ended April 30, 2011		7			7

(a)These contracts are among the investment vehicles used to reduce our economic exposure related to our nonqualified deferred compensation plans. The details of our positions in prepaid forward contracts have been provided in Note 10.

(b)At their respective settlement dates.