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SHAREHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Stock Repurchase Activity under Current Stock Repurchase Program
The following table summarizes share repurchase activity under our current share repurchase program:
($ in millions, except per share amounts)
 
Number of
Shares
Repurchased
 
Cost of Shares
Repurchased
 
Average Price
Paid per Share
As of December 31, 2018
 
11,687,774

 
$
793

 
$
67.85

For the year ended December 31, 2019
 
4,731,176

 
465

 
98.24

As of December 31, 2019
 
16,418,950

 
$
1,258

 
$
76.60


Cash Dividend Declared
We declared cash dividends to holders of common stock during the year ended December 31, 2019 as follows:
Declaration Date
 
Shareholder Record Date
 
Distribution Date
 
Dividend per Share
February 15, 2019
 
February 28, 2019
 
March 14, 2019
 
$0.45
May 9, 2019
 
May 23, 2019
 
June 6, 2019
 
$0.45
September 5, 2019
 
September 19, 2019
 
October 3, 2019
 
$0.45
December 9, 2019
 
December 23, 2019
 
January 6, 2020
 
$0.54