XML 28 R18.htm IDEA: XBRL DOCUMENT
v3.20.2

Share Repurchase Transactions and Other Comprehensive Loss | 9 Months Ended
--- | ---
Sep. 30, 2020
Federal Home Loan Banks [Abstract] |
Share Repurchases Transactions and Other Comprehensive Loss | NOTE 10 — SHARE REPURCHASE TRANSACTIONS AND OTHER COMPREHENSIVE LOSS During January 2020 and 2019, our Board of Directors authorized share repurchase programs for up to $4 billion ($2 billion for each authorization) of our outstanding common stock. In response to the risks the COVID-19 pandemic presents to our business, during March 2020, we announced the suspension of our share repurchase programs and expect to evaluate the resumption of the programs at a future date. During the quarter ended March 31, 2020, we repurchased 3.287 million shares of our common stock at an average price of $134.18 per share through market purchases pursuant to the $2.0 billion share repurchase program authorized during January 2019, and we made no repurchases during the quarters ended June 30, 2020 or September 30, 2020. At September 30, 2020, we had $2.800 billion of repurchase authorization available under the January 2019 and 2020 authorizations. 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, 2019 |  | $ | 14 |  |  | $ | (283 | ) |  | $ | (187 | ) |  | $ | (4 | ) |  | $ | (460 | )
Unrealized gains on available-for-sale securities, net of $3 of income taxes |  |  | 10 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 10 |
Foreign currency translation adjustments, net of $3 income tax benefit |  |  |  |  |  |  | (36 | ) |  |  |  |  |  |  |  |  |  |  | (36 | )
Change in fair value of derivative instruments, net of $15 income tax benefit |  |  |  |  |  |  |  |  |  |  |  |  |  |  | (51 | ) |  |  | (51 | )
Expense reclassified into operations from other comprehensive income, net of $2 and $3 income tax benefits, respectively |  |  |  |  |  |  |  |  |  |  | 10 |  |  |  | 12 |  |  |  | 22 |
Balances at September 30, 2020 |  | $ | 24 |  |  | $ | (319 | ) |  | $ | (177 | ) |  | $ | (43 | ) |  | $ | (515 | )

X
- References No definition available. + Details
Name: | us-gaap_FederalHomeLoanBanksAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: 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
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration