Equity

9 Months Ended

Sep. 30, 2019

EQUITY

As of September 30, 2019, we had $3.02 billion of remaining share repurchase authorizations from our board of directors. We may utilize various methods to effect the repurchases, which could include open market repurchases, negotiated block transactions, accelerated share repurchases or open market solicitations for shares, some of which may be effected through Rule 10b5-1 plans. The timing and amount of future repurchases, if any, will depend upon several factors, including market and business conditions, and such repurchases may be discontinued at any time.

Total share repurchases were as follows for the respective periods:



	Three Months Ended September 30,				Nine Months Ended September 30,
(In millions, except per share data)	2019		2018		2019		2018
Number of shares repurchased	10		5		33		36
Cash paid for shares repurchased	$	500	$	400	$	1,885	$	2,612
Average cost per share	$	53.82	$	73.03	$	58.75	$	71.80

As of September 30, 2019, we had agreements to acquire 97,078 common shares for $6 million, which settled in early October 2019.