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Components of Other Comprehensive Earnings
12 Months Ended
Dec. 31, 2016
Equity [Abstract]  
Components of Other Comprehensive Earnings
Components of Other Comprehensive Earnings

The following table shows accumulated other comprehensive earnings ("AOCE") attributable to FIS by component, net of tax, for the year ended December 31, 2016 (in millions):
 
 
 
 
Foreign
 
 
 
 
 
 
Interest Rate
 
Currency
 
 
 
 
 
 
Swap
 
Translation
 
 
 
 
 
 
Contracts
 
Adjustments
 
Other (1)
 
Total
Balances, December 31, 2015
 
$
1

 
$
(259
)
 
$
(21
)
 
$
(279
)
Other comprehensive gain/(loss) before reclassifications
 
(5
)
 
(55
)
 
3

 
(57
)
Amounts reclassified from AOCE
 
5

 

 

 
5

Net current period AOCE attributable to FIS
 

 
(55
)
 
3

 
(52
)
Balances, December 31, 2016
 
$
1

 
$
(314
)
 
$
(18
)
 
$
(331
)

(1)
Includes the cash settlement payment on treasury lock contracts associated with bridge financing for the SunGard acquisition. This amount will be amortized as an adjustment to interest expense over the ten years in which the related interest payments that were hedged are recognized in income.

The amount reclassified from AOCE for interest rate derivative contracts includes $8 million recorded as interest expense, reduced by a related $3 million provision for income taxes. See Note 12 for the tax provision associated with each component of other comprehensive income.
Share Repurchase Program

Our Board of Directors has approved a series of plans authorizing repurchases of our common stock in the open market at prevailing market prices or in privately negotiated transactions, the most current of which on January 29, 2014, authorized repurchases of up to $2.0 billion through December 31, 2017. This share repurchase authorization replaced any existing share repurchase authorization plan. Approximately $1,224 million of plan capacity remained available for repurchases as of December 31, 2016.

The table below summarizes annual share repurchase activity under these plans (in millions, except per share amounts):
 
 
 
 
 
 
Total cost of shares
 
 
 
 
 
 
purchased as part of
 
 
Total number of
 
Average price
 
publicly announced
Year ended
 
shares purchased
 
paid per share
 
plans or programs
December 31, 2016
 

 
$

 
$

December 31, 2015
 
5

 
$
66.10

 
$
300

December 31, 2014
 
9

 
$
54.89

 
$
476



There were no share repurchases in 2016.