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Share Repurchases Transactions and Other Comprehensive Loss
3 Months Ended
Mar. 31, 2019
Federal Home Loan Banks [Abstract]  
Share Repurchases Transactions and Other Comprehensive Loss
NOTE 11 — SHARE REPURCHASES TRANSACTIONS AND OTHER COMPREHENSIVE LOSS
 
During January 2019, our Board of Directors authorized a share repurchase program for up to $2 billion of our outstanding common stock. During the quarter ended March 31, 2019, we repurchased 2.106 million shares of our common stock at an average price of $131.92 per share through market purchases pursuant to the $2.0 billion share repurchase program authorized during October 2017 (which was completed during the first quarter of 2019) and the $2.0 billion share repurchase program authorized during January 2019. At March 31, 2019, we had $1.995 billion of repurchase authorization available under the January 2019 authorization.
The components of accumulated other comprehensive loss are as follows (dollars in millions):
                                         
 
Unrealized
Gains on
Available-
for-Sale

Securities
   
Foreign
Currency
Translation
Adjustments
   
Defined
Benefit
Plans
   
Change
in Fair
Value of
Derivative
Instruments
   
Total
 
Balances at December 31, 2018
  $
3
    $
(283
)   $
(148
)   $
47
    $
(381
)
Unrealized gains on
available-for-sale
securities, net of $2 of income taxes
   
6
     
     
     
     
6
 
Foreign currency translation adjustments, net of $3 of income taxes
   
     
17
     
     
     
17
 
Change in fair value of derivative instruments, net of $4 income tax benefits
   
     
     
     
(14
)    
(14
)
Expense (income) reclassified into operations from other comprehensive income, net of $1 income tax benefits and $1 of income taxes, respectively
   
     
     
2
     
(4
)    
(2
)
                                         
Balances at March 31, 2019
  $
9
    $
(266
)   $
(146
)   $
29
    $
(374
)