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Stockholders' Deficit
12 Months Ended
Dec. 31, 2023
Stockholders' Equity Note [Abstract]  
Stockholders' Deficit Stockholders’ Deficit
Treasury Stock
Treasury stock is accounted for under the cost method. Treasury stock includes shares repurchased under stock repurchase programs and shares withheld in lieu of the tax withholding due upon vesting of RSUs.
Effective July 27, 2023, the Company’s Board of Directors authorized the repurchase of its common stock in the amount of approximately $1.14 billion, in addition to the $356.1 million that remained available for repurchases under the share repurchase program, for a total authorization of up to $1.50 billion under the program. The program has no expiration date. Purchases made under the program could be effected through open market transactions, block purchases, accelerated share repurchase agreements or other negotiated transactions. As of December 31, 2023, there was approximately $1.12 billion remaining available for repurchases under the program.

The summary of the Company’s common stock repurchases for 2023, 2022 and 2021 are as follows:
 202320222021
SharesAverage PriceSharesAverage PriceSharesAverage Price
 (In millions, except average price amounts)
Total repurchases under the repurchase plans4.2 $210.28 5.5 $187.07 3.3 $215.16 
Total repurchases for tax withholdings0.1 $211.29 0.1 $202.21 0.1 $209.40 
Total repurchases4.3 $210.30 5.6 $187.28 3.4 $214.97 
Total costs$901.4 $1,048.1 $722.6 
Since inception, the Company has repurchased 253.6 million shares of its common stock for an aggregate cost of $13.65 billion, which is recorded as a reduction of Additional paid-in capital. The Inflation Reduction Act of 2022, which was enacted into law on August 16, 2022, imposed a nondeductible 1% excise tax on the net value of certain stock repurchases made after December 31, 2022. In 2023, the Company included the applicable excise tax in treasury stock as part of the cost basis of the stock repurchased and recorded a corresponding liability for the excise taxes payable in Accounts payable and accrued liabilities on our Consolidated Balance Sheet as of December 31, 2023. The share repurchase and authorization amounts disclosed within this Form 10-K exclude the excise tax.
Accumulated Other Comprehensive Loss
The Accumulated other comprehensive loss balances as of December 31, 2023 and 2022 primarily consists of foreign currency translation adjustment losses. There were no significant changes to accumulated other comprehensive loss balances for the periods presented.