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Shareholders’ Equity (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Schedule of Current Stock Repurchase Program

The transactions effectuated to date occurred in open market purchases.

 

Period   (a)
Total Number of
Shares Purchased
    (b)
Average Price
Paid per Share
    (c)
Total Number of
Shares Purchased
as Part of Publicly
Announced Plans
or Programs
    (d)
Approximate Dollar
Value of Shares that
May Yet Be
Purchased Under
the Plans or Programs
(in $ millions)
 
April 2017     26,388     $ 10.01       26,388     $ 9.7  
May 2017     156,652       9.93       156,652       8.0  
June 2017     31,826       9.73       31,826       7.7  
Total     214,866       9.91       214,866          

Summary of Change in Shareholders' Equity

The following table summarizes the change in shareholders’ equity during the three and six months ended June 30, 2017 and 2016, respectively:

 

Three months ended June 30,     Six months ended June 30,    
    2017     2016     2017     2016  
Balance at the beginning of the period   $ 75,863     $ 82,505     $ 77,449     $ 82,569  
Exercise of stock options     35       140       44       433  
Stock repurchased     (2,282 )     (3,711 )     (3,210 )     (4,115 )
Options repurchased                       (1,752 )
Proceeds from stock purchase plan     19       18       38       43  
Dividends     (612 )     (465 )     (1,051 )     (924 )
Share-based compensation     169       171       340       319  
Tax benefit - stock option exercise           93             656  
Unrealized gain or loss on investments, net of tax     20       97       58       218  
Foreign currency translation adjustment     52       (20 )     64       13  
Net income/(loss) during the period     (820 )     955       (1,288 )     2323  
Balance at end of the period   $ 72,444     $ 79,783     $ 72,444     $ 79,783