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STOCKHOLDERS’ EQUITY (Tables)
6 Months Ended
Jun. 30, 2025
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, 202425,790,550 $2,461 $95.40 
For the first half of 2025496,484 36 $73.10 
As of June 30, 202526,287,034 $2,497 $94.98 
Cash dividend declared
We declared cash dividends to holders of common stock during the first half of 2025 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 20, 2025March 5, 2025March 19, 2025$0.79
May 12, 2025May 23, 2025June 6, 2025$0.79