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Share Repurchases Transactions and Other Comprehensive Loss
6 Months Ended
Jun. 30, 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 six months ended June 30, 2019, we repurchased 4.034 million shares of our common stock at an average price of $128.88 per share through market purchases pursuant to the $2.0 billion share repurchase program authorized during October 2017 (which was completed during 2019) and the $2.0 billion share repurchase program authorized during January 2019. At June 30, 2019, we had $1.753 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 $3 of income taxes
   
11
     
     
     
     
11
 
Foreign currency translation adjustments, net of $1 income tax benefit
   
     
(17
)    
     
     
(17
)
Change in fair value of derivative instruments, net of $12 income tax benefits
   
     
     
     
(40
)    
(40
)
Expense (income) reclassified into operations from other comprehensive income, net of $2 income tax benefits and $2 of income taxes, respectively
   
     
     
5
     
(9
)    
(4
)
                                         
Balances at June 30, 2019
  $
14
    $
(300
)   $
(143
)   $
(2
)   $
(431
)