13.

Cash Dividends

On February 27, 2015, the Company’s Board of Directors approved a cash dividend of $0.46 per share. The cash dividend was paid on March 27, 2015, to each stockholder of record on March 13, 2015. Cash dividends were $185 million and $111 million for the three months ended March 31, 2015 and 2014, 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.