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Stockholders' Equity (Notes) | 6 Months Ended
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Jun. 30, 2020
Stockholders' Equity Note [Abstract] |
Stockholders' Equity | 4. Stockholders’ Equity Class P Common Stock On July 19, 2017, our board of directors approved a $2 billion common share buy-back program that began in December 2017. In March 2020, we repurchased approximately 3.6 million of our Class P shares for approximately $50 million at an average price of approximately $13.94 per share. Since December 2017, in total, we have repurchased approximately 32 million of our Class P shares under the program at an average price of approximately $17.71 per share for approximately $575 million. For additional information regarding our Class P common stock, see Note 11 to our consolidated financial statements included in our 2019 Form 10-K. Common Stock Dividends Holders of our common stock participate in common stock dividends declared by our board of directors, subject to the rights of the holders of any outstanding preferred stock. The following table provides information about our per share dividends:
| Three Months Ended June 30, |  |  |  | Six Months Ended June 30, |  |
| 2020 |  | 2019 |  | 2020 |  | 2019
Per common share cash dividend declared for the period | $ | 0.2625 |  |  | $ | 0.25 |  |  | $ | 0.525 |  |  | $ | 0.50 |
Per common share cash dividend paid in the period | 0.2625 |  |  | 0.25 |  |  | 0.5125 |  |  | 0.45 |
On July 22, 2020, our board of directors declared a cash dividend of $0.2625 per common share for the quarterly period ended June 30, 2020, which is payable on August 17, 2020 to common shareholders of record as of the close of business on August 3, 2020. Accumulated Other Comprehensive Loss Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Loss Cumulative revenues, expenses, gains and losses that under GAAP are included within our comprehensive income but excluded from our earnings are reported as “Accumulated other comprehensive loss” within “Stockholders’ Equity” in our consolidated balance sheets. Changes in the components of our “Accumulated other comprehensive loss” not including non-controlling interests are summarized as follows:
| Net unrealized gains/(losses) on cash flow hedge derivatives |  | Foreign currency translation adjustments |  | Pension and other postretirement liability adjustments |  | Total accumulated other comprehensive loss
| (In millions) |  |  |  |  |  |
Balance as of December 31, 2019 | $ | (7) |  |  | $ | — |  |  | $ | (326) |  |  | $ | (333) |
Other comprehensive gain before reclassifications | 40 |  |  | 1 |  |  | 16 |  |  | 57 |
Loss reclassified from accumulated other comprehensive loss | 77 |  |  | — |  |  | — |  |  | 77 |
Net current-period change in accumulated other comprehensive (loss) income | 117 |  |  | 1 |  |  | 16 |  |  | 134 |
Balance as of June 30, 2020 | $ | 110 |  |  | $ | 1 |  |  | $ | (310) |  |  | $ | (199) |
| Net unrealized gains/(losses) on cash flow hedge derivatives |  | Foreign currency translation adjustments |  | Pension and other postretirement liability adjustments |  | Total accumulated other comprehensive loss
| (In millions) |  |  |  |  |  |
Balance as of December 31, 2018 | $ | 164 |  |  | $ | (91) |  |  | $ | (403) |  |  | $ | (330) |
Other comprehensive (loss) gain before reclassifications | (152) |  |  | 24 |  |  | 15 |  |  | (113) |
Gain reclassified from accumulated other comprehensive loss | (5) |  |  | — |  |  | — |  |  | (5) |
Net current-period change in accumulated other comprehensive income (loss) | (157) |  |  | 24 |  |  | 15 |  |  | (118) |
Balance as of June 30, 2019 | $ | 7 |  |  | $ | (67) |  |  | $ | (388) |  |  | $ | (448) |

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- 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
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