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STOCKHOLDERS’ EQUITY (Tables)
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Stock repurchase activity under current stock repurchase program
The following table summarizes share repurchase activity under our Share Repurchase Program:
($ in millions, except per share amounts)Number of Shares RepurchasedCost Basis of Shares RepurchasedAverage Price
Paid per Share
As of December 31, 202325,141,073 $2,405 $95.65 
For the year ended December 31, 2024649,477 56 $85.79 
As of December 31, 202425,790,550 $2,461 $95.40 
Cash dividend declared
We declared cash dividends to holders of common stock during the year ended December 31, 2024 as follows. Any future dividend payments will be subject to the restrictions imposed under the agreements covering our debt and approval of our Board of Directors. There can be no assurance that we will pay dividends in the future.
Declaration Date
Stockholder Record Date
Distribution DateDividend per Share
February 15, 2024February 29, 2024March 14, 2024$0.76
May 9, 2024May 23, 2024June 6, 2024$0.76
September 4, 2024September 19, 2024October 3, 2024$0.76
December 6, 2024December 19, 2024January 3, 2025$0.79