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Note 10 - Stock Repurchase Programs
3 Months Ended
Mar. 31, 2013
Stock Repurchase Programs [Abstract]  
Stock Repurchase Programs
Stock Repurchase Programs

In June 2012, our Board of Directors 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. The stock repurchase program is intended to offset the impact of dilution from our equity compensation programs. The stock repurchase activity under our stock repurchase program during the first three months of 2013 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, 2013

 
$
51.89

 
$
17

 
$
1,983

Repurchase of common stock
9

 
55.94

 
476

 
(476
)
Balance at March 31, 2013
9

 
$
55.79

 
$
493

 
$
1,507


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