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Share Repurchase Transactions and Other Comprehensive Loss
9 Months Ended
Sep. 30, 2019
Federal Home Loan Banks [Abstract]  
Share Repurchases Transactions and Other Comprehensive Loss
NOTE 11 — SHARE REPURCHASE 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 nine months ended September 30, 2019, we repurchased 5.880 million shares of our common stock at an average price of $129.12 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 September 30, 2019, we had $1.513 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 $4 of income taxes
 
 
12
 
 
 
 
 
 
 
 
 
 
 
 
12
 
Foreign currency translation adjustments, net of $5 income tax benefit
 
 
 
 
 
(43
)
 
 
 
 
 
 
 
 
(43
)
Change in fair value of derivative instruments, net of $14 income tax benefit
 
 
 
 
 
 
 
 
 
 
 
(45
)
 
 
(45
)
Expense (income) reclassified into operations from other comprehensive income, net of $2 income tax benefit and $3 of income taxes, respectively
 
 
 
 
 
 
 
 
8
 
 
 
(12
)
 
 
(4
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balances at September 30, 2019
 
$
15
 
 
$
(326
)
 
$
(140
)
 
$
(10
)
 
$
(461
)