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Capital Stock
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Capital Stock Capital StockFor the three months ended March 31, 2023 and March 31, 2022, the Company repurchased less than 0.1 million shares of common stock for $8 million and less than 0.6 million shares of common stock for $51 million, respectively. Repurchases include share repurchase programs approved by the Board of Directors and repurchases in relation to settlement of employee tax withholding obligations due as a result of the vesting of restricted stock units. The details of repurchases by each program are as follows:
On August 24, 2015, our Board of Directors authorized the repurchase of up to $500 million in shares with no expiration date. The program's objective is to deploy our capital in a manner that benefits our stockholders and maintains our focus on growth. There were no shares repurchased under the program for the three months ended March 31, 2023. For the three months ended March 31, 2022, we repurchased approximately 0.5 million shares for $45 million. There are up to $182 million in shares that may still be purchased under this plan as of March 31, 2023.
Aside from the aforementioned repurchase program, we repurchased less than 0.1 million shares and approximately 0.1 million shares for $8 million and $6 million for the three months ended March 31, 2023 and 2022, respectively, in relation to settlement of employee tax withholding obligations due as a result of the vesting of restricted stock units.