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Stockholders' Equity (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Schedule of share repurchase activity
The stock repurchase activity under our stock repurchase programs during 2020 was as follows (in millions, except per share amounts):
Shares Repurchased (1)
Average Price per Share (2)
Value of Shares Repurchased (2)
Remaining Amount Authorized
Balance as of January 1, 2020$2,151 
Authorization of additional plan in January 20205,000 
Repurchase of shares of common stock50 $42.09 $2,118 (2,118)
Accelerated share repurchases74 $40.77 $3,000 (3,000)
Balance as of December 31, 2020$2,033 

(1)These repurchased shares of common stock were recorded as treasury stock and were accounted for under the cost method. None of the repurchased shares of common stock have been retired.
(2)Excludes broker commissions.