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Common Stock
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Common Stock Common Stock
There were no repurchases of the Company's common stock during the first nine months of 2020. The Company does not expect to repurchase shares for the remainder of 2020. In November 2019, the Board of Directors of the Company authorized the Company to repurchase up to $2.5 billion in shares of the Company's common stock, which superseded any prior authorizations. As of September 30, 2020, the Company remained authorized to repurchase up to approximately $2.4 billion in shares of its common stock. There is no time limit on the authorization. During the first nine months of 2019 the Company repurchased approximately 3.1 million shares of its common stock for consideration of $300 million.
The Company issued approximately 3.4 million and 4.2 million shares related to stock compensation and employee stock purchase plans during the first nine months of 2020 and 2019, respectively.