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STOCKHOLDERS' EQUITY (Tables)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Shares Repurchased The following is a summary of our share repurchases, which are held as treasury stock, for the periods presented:
Total Number of Shares Purchased
Total Value of Shares Purchased
Average Price Paid per Share
(number of shares)
(in millions)
($ per share)
Three months ended June 30, 2023
1,618,746 $64 $39.12 
Three months ended June 30, 2024
703,839 $35 $49.71 
Six months ended June 30, 20233,042,510 $123 $40.12 
Six months ended June 30, 20241,769,603 $93 $51.85 
Inception of Program (May 2021) through June 30, 2024
16,633,518 $697 $41.74 
Note: The total value of shares purchased includes approximately $1 million in both the six months ended June 30, 2024 and 2023 related to excise taxes on share repurchases, which was effective beginning on January 1, 2023. Commissions paid on share repurchases were not significant in all periods presented.
Schedule of Dividends Declared
Our Board of Directors declared the following cash dividends for each of the periods presented.

Total Dividend
Rate Per Share
(in millions)
($ per share)
2024
Three months ended March 31, 2024$21 $0.31 
Three months ended June 30, 202422 $0.31 
Six months ended June 30, 2024$43 
2023
Three months ended March 31, 2023$20 $0.2825 
Three months ended June 30, 202320 $0.2825 
Six months ended June 30, 2023$40