The Walt Disney Company (Disney) is a diversified worldwide entertainment company with operations in the following business segments: Media Networks, Parks and Resorts, Studio Entertainment, and Consumer Products & Interactive Media. As of September 29, 2018, Disney had reported the following for its stock:

• Common stock, $0.01 par value, Authorized 4.6 billion shares, Issued 2.9 billion shares
• Treasury stock, at cost, 1.4 billion shares

How many shares of common stock are outstanding at the end of Disneys 2018 fiscal year?

	A.	4.6 billion.
	B.	1.5 billion.
	C.	3.2 billion.
	D.	2.9 billion.