Notes to Consolidated Financial Statements

(Continued)

Note 11.
Capital Stock:

Shares of authorized common stock are 12 billion; issued, repurchased and outstanding shares were as follows:


                                                                 

At December 31, 2006, 89,488,842 shares of common stock were reserved for stock options and other stock awards under Altria Group, Inc.’s stock plans, and 10 million shares of Serial Preferred Stock, $1.00 par value, were authorized, none of which have been issued.

During 2006, 2005 and 2004, Kraft repurchased 38.7 million, 39.2 million and 21.5 million shares of its Class A common stock at a cost of $1.2 billion, $1.2 billion and $700 million, respectively.