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Shareholders' Equity | 9 Months Ended
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Sep. 30, 2019
Stockholders' Equity Note [Abstract] |
Stockholders' Equity | Shareholders’ Equity The following tables summarize our shareholders’ equity activity for the three and nine months ended September 30, 2019 and September 30, 2018, respectively:
Millions of dollars | Common Shares | Paid-in Capital in Excess of Par Value | Treasury Stock | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Noncontrolling Interest in Consolidated Subsidiaries | Total
Balance at December 31, 2018 | $ | 2,671 |  | $ | 211 |  | $ | (6,744 | ) | $ | 13,739 |  | $ | (355 | ) | $ | 22 |  | $ | 9,544 |
Comprehensive income (loss): |  |  |  |  |  |  |
Net income | — |  | — |  | — |  | 152 |  | — |  | — |  | 152 |
Other comprehensive income | — |  | — |  | — |  | — |  | 1 |  | — |  | 1 |
Cash dividends ($0.18 per share) | — |  | — |  | — |  | (157 | ) | — |  | — |  | (157 | )
Stock plans | — |  | 13 |  | 74 |  | — |  | — |  | — |  | 87 |
Other | — |  | — |  | — |  | — |  | — |  | (2 | ) | (2 | )
Balance at March 31, 2019 | $ | 2,671 |  | $ | 224 |  | $ | (6,670 | ) | $ | 13,734 |  | $ | (354 | ) | $ | 20 |  | $ | 9,625 |
Comprehensive income (loss): |  |  |  |  |  |  |  |  |
Net income | — |  | — |  | — |  | 75 |  | — |  | 2 |  | 77 |
Other comprehensive income | — |  | — |  | — |  | — |  | 1 |  | — |  | 1 |
Cash dividends ($0.18 per share) | — |  | — |  | — |  | (157 | ) | — |  | — |  | (157 | )
Stock repurchase program | — |  | — |  | (100 | ) | — |  | — |  | — |  | (100 | )
Stock plans | (1 | ) | (166 | ) | 250 |  | — |  | — |  | — |  | 83 |
Other | — |  | — |  | — |  | — |  | 1 |  | (6 | ) | (5 | )
Balance at June 30, 2019 | $ | 2,670 |  | $ | 58 |  | $ | (6,520 | ) | $ | 13,652 |  | $ | (352 | ) | $ | 16 |  | $ | 9,524 |
Comprehensive income (loss): |  |  |  |  |  |  |  |
Net income | — |  | — |  | — |  | 295 |  | — |  | 1 |  | 296 |
Other comprehensive income | — |  | — |  | — |  | — |  | — |  | — |  | — |
Cash dividends ($0.18 per share) | — |  | — |  | — |  | (158 | ) | — |  | — |  | (158 | )
Stock plans | — |  | 50 |  | 40 |  | — |  | — |  | — |  | 90 |
Other | — |  | — |  | — |  | 11 |  | (1 | ) | — |  | 10 |
Balance at September 30, 2019 | $ | 2,670 |  | $ | 108 |  | $ | (6,480 | ) | $ | 13,800 |  | $ | (353 | ) | $ | 17 |  | $ | 9,762 |
Millions of dollars | Common Shares | Paid-in Capital in Excess of Par Value | Treasury Stock | Retained Earnings | Accumulated Other Comprehensive Income (Loss) | Noncontrolling Interest in Consolidated Subsidiaries | Total
Balance at December 31, 2017 | $ | 2,673 |  | $ | 207 |  | $ | (6,757 | ) | $ | 12,668 |  | $ | (469 | ) | $ | 27 |  | $ | 8,349 |
Comprehensive income (loss): |  |  |  |  |  |  |
Net Income | — |  | — |  | — |  | 46 |  | — |  | 1 |  | 47 |
Other comprehensive income | — |  | — |  | — |  | — |  | (2 | ) | — |  | (2 | )
Cash dividends ($0.18 per share) | — |  | — |  | — |  | (158 | ) | — |  | — |  | (158 | )
Stock plans | (1 | ) | 15 |  | 113 |  | — |  | — |  | — |  | 127 |
Other | — |  | — |  | — |  | 30 |  | — |  | (2 | ) | 28 |
Balance at March 31, 2018 | $ | 2,672 |  | $ | 222 |  | $ | (6,644 | ) | $ | 12,586 |  | $ | (471 | ) | $ | 26 |  | $ | 8,391 |
Comprehensive income (loss): |  |  |  |  |  |  |  |
Net Income | — |  | — |  | — |  | 511 |  | — |  | (3 | ) | 508 |
Other comprehensive income | — |  | — |  | — |  | — |  | 1 |  | — |  | 1 |
Cash dividends ($0.18 per share) | — |  | — |  | — |  | (158 | ) | — |  | — |  | (158 | )
Stock plans | — |  | (97 | ) | 201 |  | — |  | — |  | — |  | 104 |
Other | — |  | — |  | — |  | — |  | — |  | (3 | ) | (3 | )
Balance at June 30, 2018 | $ | 2,672 |  | $ | 125 |  | $ | (6,443 | ) | $ | 12,939 |  | $ | (470 | ) | $ | 20 |  | $ | 8,843 |
Comprehensive income (loss): |  |  |  |  |  |  |
Net Income | — |  | — |  | — |  | 435 |  | — |  | (1 | ) | 434 |
Other comprehensive income | — |  | — |  | — |  | — |  | 7 |  | — |  | 7 |
Cash dividends ($0.18 per share) | — |  | — |  | — |  | (157 | ) | — |  | — |  | (157 | )
Stock repurchase program | — |  | — |  | (200 | ) | — |  | — |  | — |  | (200 | )
Stock plans | — |  | 45 |  | 46 |  | — |  | — |  | — |  | 91 |
Other | — |  | — |  | — |  | (1 | ) | — |  | — |  | (1 | )
Balance at September 30, 2018 | $ | 2,672 |  | $ | 170 |  | $ | (6,597 | ) | $ | 13,216 |  | $ | (463 | ) | $ | 19 |  | $ | 9,017 |
Our Board of Directors has authorized a program to repurchase our common stock from time to time. During the nine months ended September 30, 2019, under that program we repurchased approximately 4.5 million shares of our common stock for a total cost of $100 million. Approximately $5.2 billion remained authorized for repurchases as of September 30, 2019. From the inception of this program in February 2006 through September 30, 2019, we repurchased approximately 217 million shares of our common stock for a total cost of approximately $8.9 billion. Accumulated other comprehensive loss consisted of the following:
Millions of dollars | September 30, 2019 | December 31, 2018
Defined benefit and other postretirement liability adjustments | $ | (203 | ) | $ | (203 | )
Cumulative translation adjustments | (83 | ) | (82 | )
Other | (67 | ) | (70 | )
Total accumulated other comprehensive loss | $ | (353 | ) | $ | (355 | )

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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