XML 26 R18.htm IDEA: XBRL DOCUMENT v2.4.0.8
Cash Dividends
6 Months Ended
Jun. 30, 2013
Text Block [Abstract]  
Cash Dividends

12. Cash Dividends

On May 15, 2013, the Company’s Board of Directors approved a cash dividend of $0.26 per share. The cash dividend was paid on June 28, 2013, to each stockholder of record on June 14, 2013. Cash dividends aggregated $111 million and $167 million for the three and six months ended June 30, 2013 and $51 million and $102 million for the three and six months ended June 30, 2012, 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.