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Cash Dividends
3 Months Ended
Mar. 31, 2012
Cash Dividends [Abstract]  
Cash Dividends

12. Cash Dividends

On February 23, 2012 the Company’s Board of Directors approved a cash dividend of $0.12 per share. The cash dividend was paid on March 30, 2012 to each stockholder of record on March 16, 2012. Cash dividends aggregated $51 million and $46 million for the three months ended March 31, 2012 and 2011, respectively. The declaration and payment of future dividends is at the discretion of the Company’s Board of Directors and will be dependent upon the Company’s results of operations, financial condition, capital requirements and other factors deemed relevant by the Company’s Board of Directors.