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Shareholders' Equity (Tables)
12 Months Ended
Dec. 31, 2018
Stockholders' Equity Note [Abstract]  
Schedule of Treasury Stock by Class
In July 2018, the Board of Directors authorized a $1.0 billion share repurchase program (exclusive of any commissions and other transaction fees and costs). The program replaced the $245 of authority remaining under the Company's previously authorized share repurchase program. In January 2019, the Board of Directors authorized an incremental $1.0 billion share repurchase program (exclusive of any commissions and other transaction fees and costs).
The following provides cumulative information relating to our share repurchase program from its inception in July 2018 through December 31, 2018 (shares in thousands):
Authorized share repurchase program
 
$
1,000

Share repurchase cost
 
$
700

Share repurchase fees
 
$

Number of shares repurchased
 
26,093

Schedule of Common and Treasury Stock Changes
The following table reflects the changes in Common and Treasury stock shares (shares in thousands):
 
 
Common Stock Shares
 
Treasury Stock Shares
Balance at December 31, 2015
 
253,209

 

Stock based compensation plans, net
 
385

 

Balance at December 31, 2016
 
253,594

 

Stock based compensation plans, net
 
1,019

 

Balance at December 31, 2017
 
254,613

 

Stock based compensation plans, net
 
1,103

 

Acquisition of Treasury stock
 

 
26,093

Cancellation of Treasury stock
 
(24,026
)
 
(24,026
)
Balance at December 31, 2018
 
231,690

 
2,067