Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

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Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities

Common Stock Price and Dividend Data—The Company's common stock is listed on the New York Stock Exchange. Quarterly market price and dividend data for 2014 and 2013 were as shown below:



	Market Price Per Share				Dividends Declared Per Share
	High		Low
2014:
Fourth quarter	$	97.79	$	79.06	$	0.485
Third quarter	89.58		81.72		0.485
Second quarter	89.50		80.80		0.42
First quarter	84.12		76.25		0.42
2013:
Fourth quarter	$	84.32	$	73.60	$	0.42
Third quarter	78.56		68.16		0.42
Second quarter	71.74		60.02		0.38
First quarter	65.60		59.71		0.38

There were approximately 7,185 holders of record of common stock as of January 31, 2015. This number does not include beneficial owners of the Company's securities held in the name of nominees.

Repurchases of Common Stock—On August 2, 2013, the Company’s Board of Directors authorized a stock repurchase program which provides for the buyback of up to $6.0 billion of the Company’s common stock over an open-ended period of time (the "2013 Program"). As of December 31, 2014, approximately $1.4 billion of share repurchases remain outstanding under this program.

Share repurchase activity under the Company’s share repurchase program for the fourth quarter of 2014 was as follows:



In millions except per share amounts
Period	Total Number of Shares Purchased	Average Price Paid Per Share		Total Number of Shares Purchased as Part of Publicly Announced Program	Maximum Value of Shares That May Yet Be Purchased Under Program
October 2014	3.5	$	86.29	3.5	$	1,953
November 2014	4.4	$	93.52	4.4	$	1,544
December 2014	1.0	$	94.80	1.0	$	1,448
Total	8.9			8.9

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