Equity and Comprehensive Income
 8 Months Ended
May 13, 2018
Equity [Abstract]  
Equity and Comprehensive Income
Dividends
The Company’s current quarterly dividend rate is $0.57 per share, compared to $0.50 per share in the third quarter of 2017. On April 24, 2018, the Board of Directors declared a quarterly cash dividend in the amount of $0.57 per share, which was paid on May 25, 2018.
Stock Repurchase Programs
Stock repurchase activity during the third quarter and first thirty-six weeks of 2018 and 2017 is summarized below:
 
Shares Repurchased (000's)
 
Average Price per Share
 
Total Cost
Third quarter of 2018
290

 
$
189.66

 
$
55

First thirty-six weeks of 2018
1,337

 
$
174.30

 
$
233

 
 
 
 
 
 
Third quarter of 2017
266

 
$
168.09

 
$
45

First thirty-six of 2017
1,486

 
$
156.51

 
$
233


These amounts may differ from the stock repurchase balances in the accompanying condensed consolidated statements of cash flows due to changes in unsettled stock repurchases at the end of a quarter. The remaining amount available for stock repurchases under our approved plan, which expires in April 2019, was $2,516 at May 13, 2018. Purchases are made from time-to-time, as conditions warrant, in the open market or in block purchases and pursuant to plans under SEC Rule 10b5-1.
Components of Equity and Comprehensive Income
The following tables show the changes in equity attributable to Costco and the noncontrolling interests of consolidated subsidiaries:
 
Attributable to Costco
 
Noncontrolling
Interests
 
Total
Equity
Equity at September 3, 2017
$
10,778

 
$
301

 
$
11,079

Comprehensive income:
 
 
 
 
 
Net income
2,091

 
35

 
2,126

Foreign-currency translation adjustment and other, net
(24
)
 
2

 
(22
)
Comprehensive income
2,067

 
37

 
2,104

Stock-based compensation
434

 
0

 
434

Release of vested restricted stock units (RSUs), including tax effects
(217
)
 
0

 
(217
)
Repurchases of common stock
(233
)
 
0

 
(233
)
Cash dividends declared and other
(686
)
 
(34
)
 
(720
)
Equity at May 13, 2018
$
12,143

 
$
304

 
$
12,447

 
Attributable to Costco
 
Noncontrolling
Interests
 
Total
Equity
Equity at August 28, 2016
$
12,079

 
$
253

 
$
12,332

Comprehensive income:
 
 
 
 
 
Net income
1,760

 
22

 
1,782

Foreign-currency translation adjustment and other, net
(222
)
 
12

 
(210
)
Comprehensive income
1,538

 
34

 
1,572

Stock-based compensation
404

 
0

 
404

Release of vested RSUs, including tax effects
(165
)
 
0

 
(165
)
Repurchases of common stock
(233
)
 
0

 
(233
)
Cash dividends declared and other
(3,725
)
 
0

 
(3,725
)
Equity at May 7, 2017
$
9,898

 
$
287

 
$
10,185