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Nasdaq Stockholders’ Equity (Tables)
 3 Months Ended
Mar. 31, 2017
Equity [Abstract]  
Common Stock in Treasury, at Cost
The following table summarizes our share repurchase activity:
 
 
Three Months Ended March 31,
 
 
2017
 
2016
Number of shares of common stock repurchased
 
2,215,755

 
490,032

Average price paid per share
 
$
70.64

 
$
59.37

Total purchase price (in millions)
 
$
156

 
$
29
Schedule of Dividends Declared
During the three months ended March 31, 2017, 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 30, 2017
 
$
0.32

 
March 17, 2017
 
$
53

 
March 31, 2017