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Stockholders' equity | 3 Months Ended
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Mar. 31, 2020
Equity [Abstract] |
Stockholders' equity | Stockholders’ equity Stock repurchase program Activity under our stock repurchase program, on a trade date basis, was as follows (in millions):
| 2020 |  | 2019
| Shares |  | Dollars |  | Shares |  | Dollars
First quarter | 4.3 |  |  | $ | 933 |  |  | 15.9 |  |  | $ | 3,031 |
In December 2019, our Board of Directors increased the amount authorized under our stock repurchase program by an additional $4.0 billion. As of March 31, 2020, $5.5 billion of authorization remained available under our stock repurchase program. Dividends In March 2020, the Board of Directors declared a quarterly cash dividend of $1.60 per share, which will be paid in June 2020. In December 2019, the Board of Directors declared a quarterly cash dividend of $1.60 per share, which was paid in March 2020. Accumulated other comprehensive income (loss) The components of Accumulated other comprehensive income (loss) (AOCI) were as follows (in millions):
| Foreign currency translation |  | Cash flow hedges |  | Available-for-sale securities |  | Other |  | AOCI
Balance as of December 31, 2019 | $ | (718 | ) |  | $ | 175 |  |  | $ | 22 |  |  | $ | (7 | ) |  | $ | (528 | )
Foreign currency translation adjustments | (52 | ) |  | — |  |  | — |  |  | — |  |  | (52 | )
Unrealized (losses) gains | — |  |  | (162 | ) |  | 8 |  |  | — |  |  | (154 | )
Reclassification adjustments to income | — |  |  | 84 |  |  | (33 | ) |  | — |  |  | 51 |
Other | — |  |  | — |  |  | — |  |  | (2 | ) |  | (2 | )
Income taxes | — |  |  | 17 |  |  | 6 |  |  | — |  |  | 23 |
Balance as of March 31, 2020 | $ | (770 | ) |  | $ | 114 |  |  | $ | 3 |  |  | $ | (9 | ) |  | $ | (662 | )
Reclassifications out of AOCI and into earnings were as follows (in millions):
|  | Three months ended March 31, |  |
Components of AOCI |  | 2020 |  | 2019 |  | Condensed Consolidated Statements of Income locations
Cash flow hedges: |  |  |  |  |  |
Foreign currency contract gains |  | $ | 49 |  |  | $ | 14 |  |  | Product sales
Cross-currency swap contract losses |  | (133 | ) |  | (42 | ) |  | Interest and other income, net
|  | (84 | ) |  | (28 | ) |  | Income before income taxes
|  | 18 |  |  | 6 |  |  | Provision for income taxes
|  | $ | (66 | ) |  | $ | (22 | ) |  | Net income
Available-for-sale securities: |  |  |  |  |  |
Net realized gains (losses) |  | $ | 33 |  |  | $ | (4 | ) |  | Interest and other income, net
|  | (7 | ) |  | — |  |  | Provision for income taxes
|  | $ | 26 |  |  | $ | (4 | ) |  | Net income
|  | Three months ended March 31, |  |

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- References No definition available. + Details
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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