We anticipate interest expense of approximately $82 million including the interests related to the $1.5 billion of senior unsecured notes and the interests from our sale leaseback obligations related to certain distribution facilities.
We expect continuing variability in our Quarterly tax rates. Our model reflects continued repurchases of shares under our $2 billion share repurchase program with an assumed completion during Fiscal 2016 which may be influenced by several factors including business and market conditions.
We will provide further information to the Fiscal first Quarter and full year of 2015 on our next Quarterly conference call on April 8, 2015. I would now like to turn the call back to Steve.
Steven H. Temares
Thank you Sue. I’d like to go back to something that I mentioned earlier. This past holiday season reflects the continuing evolution in retailing as we saw more customers interact with us online and through their mobile devices than ever before. The investments we continue to make in our omni-channel capabilities are to position our company for long-term success. Our primary focus has and always will be to take care of our customers. This has been our mission for the past 43 years and it continues to be the foundation for all of our efforts. Our objective is to continue to take care of our customers wherever, whenever and however they wish to interact with us. We are customer-centric. The ever evolving services and product offerings we can provide our customers together with our use of the growing data and analytic tools at our disposal to understand how to best serve our customers, married with personalized marketing efforts to allow us to be ever more relevant to and do more for and with our customers over time.
As we have repeatedly said, the success of our company is due to the tremendous efforts of our more than 60,000 associates as well as our unique and decentralized culture that enables us to respond quickly to marketing channel demands and changing economic economic conditions.
Through the commitment of our associates and the greatly valued contributions of our merchandise and service providers, we look forward to continue to satisfy our customers and by doing so, improving our competitive position in the merchandised categories we offer across the channels and within the countries in which we operate.
As we enter a new calendar year, on behalf of Warren, Glenn and our entire Board of Directors, we’d like to express our sincere gratitude to all our associates, customers and business partners. And to all of our listeners, we wish each of you a healthy and happy 2015. As always, we look forward to answering your questions and appreciate the opportunity to speak with you this evening. Sue, Janet and Ken Frankel will be in their offices and will ensure that all the calls we receive will be returned tonight.
If you have any questions, we encourage you to call. Thank you.
Operator
Ladies and gentlemen, this concludes today’s conference call. Thank you for participating. You may now disconnect.
