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Note 10 - Stock Repurchase Programs
3 Months Ended
Mar. 31, 2012
Stock Repurchase Programs [Abstract]  
Stock Repurchase Program
Stock Repurchase Programs

In September 2010, our Board authorized a stock repurchase program that provides for the repurchase of up to $2 billion of our common stock, with no expiration from the date of authorization, for the purpose of offsetting the impact of dilution from our equity compensation programs. The stock repurchase activity under this stock repurchase program during the first three months of 2012 is summarized as follows:

 
Shares Repurchased
 
Average Price per Share
 
Value of Shares Repurchased
 
Remaining Amount Authorized
 
(In millions, except per share amounts)
Balance at January 1, 2012
35

 
$
31.55

 
$
1,119

 
$
881

Repurchase of common stock
7

 
34.27

 
240

 
(240
)
Balance at March 31, 2012
42

 
$
32.00

 
$
1,359

 
$
641



These repurchased shares were recorded as treasury stock and were accounted for under the cost method. No repurchased shares have been retired.