v3.19.3.a.u2
Shareholders’ Equity
12 Months Ended
Jan. 26, 2020
Equity [Abstract]  
Shareholders’ Equity Shareholders’ Equity
Capital Return Program
Beginning August 2004, our Board of Directors authorized us to repurchase our stock.
Through January 26, 2020, we have repurchased an aggregate of 260 million shares under our share repurchase program for a total cost of $7.08 billion. All shares delivered from these repurchases have been placed into treasury stock. As of January 26, 2020, we are authorized, subject to certain specifications, to repurchase shares of our common stock up to $7.24 billion through December 2022.
During fiscal year 2020, we paid $390 million in cash dividends to our shareholders.
Preferred Stock
As of January 26, 2020 and January 27, 2019, there were no shares of preferred stock outstanding.
Common Stock
We are authorized to issue up to 2.00 billion shares of our common stock at $0.001 per share par value.