XML 75 R16.htm IDEA: XBRL DOCUMENT
v3.20.1

SHAREHOLDERS' EQUITY | 3 Months Ended
--- | ---
Mar. 31, 2020
Equity [Abstract] |
SHAREHOLDERS' EQUITY | The following table presents changes in common shares issued and outstanding:
|  | Three months ended March 31, |  |  |  |  |  |  |
|  | 2020 |  | 2019 |  |  |  |  |
| Shares issued, balance at beginning of period | 176,580 |  |  | 176,580 |  |  |  |  |  |
| Shares issued | — |  |  | — |  |  |  |  |  |
| Total shares issued at end of period | 176,580 |  |  | 176,580 |  |  |  |  |  |
| Treasury shares, balance at beginning of period | (92,621) |  |  | (92,994) |  |  |  |  |  |
| Shares repurchased | (150) |  |  | (157) |  |  |  |  |  |
| Shares reissued | 489 |  |  | 505 |  |  |  |  |  |
| Total treasury shares at end of period | (92,282) |  |  | (92,646) |  |  |  |  |  |
| Total shares outstanding | 84,298 |  |  | 83,934 |  |  |  |  |  |
Treasury Shares The following table presents common share repurchased from shares held in Treasury:
|  | Three months ended March 31, |  |  |  |  |  |  |
|  | 2020 |  | 2019 |  |  |  |  |
| In the open market: |  |  |  |  |  |  |  |
| Total shares | — |  |  | — |  |  |  |  |  |
| Total cost | $ | — |  |  | $ | — |  |  |  |  |  |
| Average price per share(1) | $ | — |  |  | $ | — |  |  |  |  |  |
| From employees:(2) |  |  |  |  |  |  |  |
| Total shares | 150 |  |  | 157 |  |  |  |  |  |
| Total cost | $ | 8,492 |  |  | $ | 9,003 |  |  |  |  |  |
| Average price per share(1) | $ | 56.43 |  |  | $ | 57.17 |  |  |  |  |  |
| Total shares repurchased: |  |  |  |  |  |  |  |
| Total shares | 150 |  |  | 157 |  |  |  |  |  |
| Total cost | $ | 8,492 |  |  | $ | 9,003 |  |  |  |  |  |
| Average price per share(1) | $ | 56.43 |  |  | $ | 57.17 |  |  |  |  |  |
(1) Calculated using whole numbers. (2) Shares are repurchased from employees to satisfy withholding tax liabilities related to the vesting of share-settled restricted stock units. Dividends The following table presents dividends declared and paid related to the Company's common and preferred shares:
| Per share data |  |  |  |  |
| Dividends declared |  | Dividends paid in period of declaration |  | Dividends paid in period following declaration |
Three months ended March 31, 2019 |  |  |  |  |  |
Common shares | $ | 0.40 |  |  | $ | — |  |  | $ | 0.40 |  |
Series D preferred shares | $ | 0.34 |  |  | $ | — |  |  | $ | 0.34 |  |
Series E preferred shares | $ | 34.38 |  |  | $ | — |  |  | $ | 34.38 |  |
Three months ended March 31, 2020 |  |  |  |  |  |
Common shares | $ | 0.41 |  |  | $ | — |  |  | $ | 0.41 |  |
Series D preferred shares(1) | $ | — |  |  | $ | — |  |  | $ | — |  |
Series E preferred shares | $ | 34.38 |  |  | $ | — |  |  | $ | 34.38 |  |
(1) On January 17, 2020, the Company redeemed all 9,000,000 Series D preferred shares, for an aggregate liquidation preference of $225 million. The final dividend on the Series D preferred shares was declared in 2019.

X
- References No definition available. + Details
Name: | us-gaap_EquityAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- 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
Name: | us-gaap_StockholdersEquityNoteDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration