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Stockholders' Equity
3 Months Ended
Mar. 31, 2017
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
Stockholders' Equity
At March 31, 2017 and December 31, 2016 we had 2.0 billion shares of preferred stock and 5.0 billion shares of common stock authorized for issuance. At March 31, 2017 and December 31, 2016 we had 1.5 billion shares of common stock issued and outstanding. In the three months ended March 31, 2017 we did not purchase shares of our outstanding common stock and in the three months ended March 31, 2016 we purchased 10 million shares of our outstanding common stock for $300 million as part of the common stock repurchase program announced in March 2015, which our Board of Directors increased and extended in January 2016 and January 2017. Our total dividends paid on common stock were $573 million and $587 million in the three months ended March 31, 2017 and 2016. The following table summarizes the significant components of Accumulated other comprehensive loss:
 
Three Months Ended
 
March 31, 2017
 
March 31, 2016
Foreign Currency Translation Adjustments
 
 
 
Balance at beginning of period
$
(2,355
)
 
$
(2,034
)
Other comprehensive income net of reclassification adjustment, noncontrolling interests and tax(a)(b)
91

 
85

Balance at end of period
$
(2,264
)
 
$
(1,949
)
Defined Benefit Plans
 
 
 
Balance at beginning of period
$
(6,968
)
 
$
(5,999
)
Other comprehensive loss before reclassification adjustment, net of tax(a)
(77
)
 
(148
)
Reclassification adjustment, net of tax(a)(c)
48

 
26

Other comprehensive loss, net of tax(a)
(29
)
 
(122
)
Balance at end of period
$
(6,997
)
 
$
(6,121
)

__________
(a)
The income tax effect was insignificant in the three months ended March 31, 2017 and 2016.
(b)
The reclassification adjustments and noncontrolling interests were insignificant for the three months ended March 31, 2017 and 2016.
(c)
Included in the computation of net periodic pension and OPEB (income) expense. Refer to Note 12 for additional information.