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Nasdaq Stockholders’ Equity (Tables)
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Common Stock in Treasury, at Cost
The following table summarizes our share repurchase activity:
 
 
Year Ended December 31,
 
 
2016
 
2015
Number of shares of common stock repurchased
 
1,547,778

 
7,191,685

Average price paid per share
 
$
64.42

 
$
52.44

Total purchase price (in millions)
 
$
100

 
$
377

Schedule of Dividends Declared
During 2016, our board of directors declared the following cash dividends:
Declaration Date
 
Dividend Per
Common Share
 
Record Date
 
Total Amount Paid
 
Payment Date
 
 
 
 
 
 
(in millions)
 
 
January 27, 2016
 
$
0.25

 
March 14, 2016
 
$
41

 
March 28, 2016
March 28, 2016
 
0.32

 
June 10, 2016
 
53

 
June 24, 2016
July 26, 2016
 
0.32

 
September 16, 2016
 
53

 
September 30, 2016
October 25, 2016
 
0.32

 
December 16, 2016
 
53

 
December 30, 2016
 
 
 
 
 
 
$
200

 
 
Components of Accumulated Other Comprehensive Loss
The following table outlines the components of accumulated other comprehensive loss:
 
 
Foreign Currency
Translation Adjustments
 
Employee Benefit Plan
Adjustments
 
Accumulated Other
Comprehensive Loss
 
 
(in millions)
Gross balance, December 31, 2015
 
$
(1,298
)
 
$
(35
)
 
$
(1,333
)
Income taxes
 
455

 
14

 
469

Net balance, December 31, 2015
 
$
(843
)
 
$
(21
)
 
$
(864
)
 
 
 
 
 
 
 
Gross balance, December 31, 2016
 
$
(1,481
)
 
$
(35
)
 
$
(1,516
)
Income taxes
 
523

 
14

 
537

Net balance, December 31, 2016
 
$
(958
)
 
$
(21
)
 
$
(979
)