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Stockholders’ Equity (Tables)
3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
Summary of stock repurchase activity under stock repurchase program
The following table summarizes stock repurchase activity under our stock repurchase programs for the period indicated (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, 2023$2,848 
Repurchase of shares of common stock $45.53 $250 (250)
Balance as of March 31, 2023$2,598 
(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 and excise tax accruals.