Equity Equity (Tables)

12 Months Ended

Dec. 31, 2019

The table below sets forth the information with respect to purchases made by or on behalf of ICE or any “affiliated purchaser” (as defined in Rule 10b-18(a)(3) under the Exchange Act) of our common stock during the periods presented as follows:



	Shares Repurchased (in thousands)	Average Repurchase Price Per Share		Amount of Repurchases (in millions)		Total cumulative year-to-date shares purchased as part of publicly announced plans or programs (in thousands)	Approximate dollar value of shares that may yet be purchased under the plans or programs as of the end of the quarter (in millions)
2019
Fourth quarter	3,661	$	92.86	$	340	17,432	$	540
Third quarter	3,730	$	91.16	340		13,771	$	880
Second quarter	4,170	$	81.53	340		10,041	$	1,220
First quarter	5,871	$	74.95	440		5,871	$	1,560
Total common stock repurchases⁽¹⁾	17,432	$	83.75	$	1,460

2018
Fourth quarter	1,863	$	74.99	$	139	16,257	$	2
Third quarter	3,991	$	75.17	300		14,394	$	141
Second quarter	6,298	$	72.81	459		10,403	$	441
First quarter	4,105	$	73.08	300		4,105	$	900
Total common stock repurchases⁽²⁾	16,257	$	73.71	$	1,198

2017
Fourth quarter	3,498	$	68.62	$	240	14,967	$	51
Third quarter	3,642	$	65.90	240		11,469	$	291
Second quarter	3,916	$	61.28	240		7,828	$	531
First quarter	3,911	$	58.49	229		3,911	$	771
Total open market common stock repurchases	14,967	$	63.39	$	949

⁽¹⁾Includes 1.3 million shares purchased on the open market at a cost of $100 million and 16.1 million shares purchased under our Rule 10b5-1 trading plan at a cost of $1.4 billion.

⁽²⁾Includes 2.2 million shares purchased on the open market at a cost of $159 million and 14.1 million shares purchased under our Rule 10b5-1 trading plan at a cost of $1.0 billion.

Schedule of Dividends Declared

We declared and paid cash dividends per share during the periods presented as follows:



	Dividends Per Share		Amount (in millions)
2019
Fourth quarter	$	0.275	$	154
Third quarter	0.275		155
Second quarter	0.275		155
First quarter	0.275		157
Total cash dividends declared and paid	$	1.10	$	621

2018
Fourth quarter	$	0.24	$	138
Third quarter	0.24		138
Second quarter	0.24		139
First quarter	0.24		140
Total cash dividends declared and paid	$	0.96	$	555

2017
Fourth quarter	$	0.20	$	118
Third quarter	0.20		119
Second quarter	0.20		119
First quarter	0.20		120
Total cash dividends declared and paid	$	0.80	$	476

Schedule of Accumulated Other Comprehensive Income (Loss)

The following tables present changes in the accumulated balances for each component of other comprehensive income (loss) (in millions):



	Changes in Accumulated Other Comprehensive Income (Loss) by Component
	Foreign currency translation adjustments			Comprehensive income from equity method investment				Employee benefit plans adjustments				Fair value of available-for-sale securities			Total

Balance, as of January 1, 2017	$	(345	)	$	2			$	(109	)		$	108		$	(344	)
Other comprehensive income (loss)	203			—				28				(108		)	123
Income tax benefit (expense)	6			—				(8		)		—			(2		)
Net current period other comprehensive income (loss)	209			—				20				(108		)	121
Balance, as of December 31, 2017	(136		)	2			—	(89		)	—	—			(223		)
Other comprehensive income (loss)	(91		)	—				33				—			(58		)
Net impact of adoption of ASU 2018-02	(1		)	—				(25		)		—			(26		)
Income tax benefit (expense)	1			—				(9		)		—			(8		)
Net current period other comprehensive income (loss)	(91		)	—				(1		)		—			(92		)
Balance, as of December 31, 2018	(227		)	2			—	(90		)	—	—			(315		)
Other comprehensive income (loss)	51			(1		)		32				—			82
Income tax benefit (expense)	(1		)	—				(9		)		—			(10		)
Net current period other comprehensive income (loss)	50			(1		)		23				—			72
Balance, as of December 31, 2019	(177		)	1				(67		)		—			(243		)