v3.20.4

Stockholders' Equity and Earnings per Share (Tables)

12 Months Ended

Dec. 31, 2020

Equity [Abstract]

Schedule of Cash Dividends

The following dividends were declared in 2020, 2019 and 2018 under NXP’s quarterly dividend program which was introduced as of the third quarter of 2018:

			2020						2019						2018
Dividends declared (in millions)			420						351						147
Dividends declared (per share)			1.50						1.25						0.50

Schedule of Transactions from Employee Option and Share Plans

The following transactions took place resulting from employee option and share plans:

			2020						2019						2018
Total shares in treasury at beginning of year			34,082,242						35,913,021						3,078,470
Total cost			3,037						3,238						342
Shares acquired under repurchase program			4,828,913						15,865,718						54,376,181
Average price in $ per share			129.7						90.94						92.07
Amount paid			627						1,443						5,006
Shares delivered			3,866,203						4,513,416						4,241,487
Average price in $ per share			94.26						93.55						107.75
Amount received			71						84						39
Shares retired			26,000,000						13,183,081						17,300,143
Total shares in treasury at end of year			9,044,952						34,082,242						35,913,021
Total cost			1,037						3,037						3,238

Computation of Earnings per Share (EPS)

The computation of earnings per share (EPS) is presented in the following table:

			2020						2019						2018
Net income (loss)			80						272						2,258
Less: Net income (loss) attributable to non-controlling interests			28						29						50
Net income (loss) attributable to stockholders			52						243						2,208
Weighted average number of shares outstanding (after deduction of treasury shares) during the year (in thousands)			279,763						282,056						325,781
Plus incremental shares from assumed conversion of:
Options 1)			526						776						1,145
Restricted Share Units, Performance Share Units and Equity Rights 2)			3,520						3,079						1,680
Dilutive potential common share			4,046						3,855						2,825
Adjusted weighted average number of shares outstanding (after deduction of treasury shares) during the year (in thousands) 1)			283,809						285,911						328,606
EPS attributable to stockholders in $:
Basic net income (loss)			0.19						0.86						6.78
Diluted net income (loss)			0.18						0.85						6.72

1)No stock options to purchase shares of NXP’s common stock that were outstanding in 2020 (2019: 0.1 million shares; 2018: 0.1 million shares) were anti-dilutive and were not included in the computation of diluted EPS because the exercise price was greater than the average fair market value of the common stock or the number of shares assumed to be repurchased using the proceeds of unrecognized compensation expense and exercise prices was greater than the weighted average number of shares underlying outstanding stock options.

2)Unvested RSU’s, PSU’s and equity rights of 0.6 million shares that were outstanding in 2020 (2019: 0.7 million shares; 2018: 0.9 million shares) were anti-dilutive and were not included in the computation of diluted EPS because the number of shares assumed to be repurchased using the proceeds of unrecognized compensation expense was greater than the weighted average number of outstanding unvested RSU’s, PSU’s and equity rights or the performance goal has not been met.

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