Share Repurchase Program

6 Months Ended

Jun. 30, 2012

Share Repurchase Program

Share Repurchase Program

Note 3 – Share Repurchase Program

On August 23, 2011, the Company’s Board of Directors authorized a share repurchase program for up to $4.0 billion of outstanding common stock (the “2011 Repurchase Program”). The share repurchase authorization under the 2011 Repurchase Program, which was effective immediately, permits the Company to effect repurchases from time to time through a combination of open market repurchases, privately negotiated transactions, accelerated share repurchase transactions, and/or other derivative transactions. The 2011 Repurchase Program may be modified or terminated by the Board of Directors at any time. During the three and six months ended June 30, 2012, the Company repurchased an aggregate of 26.6 million and 44.7 million shares of common stock for approximately $1.2 billion and $2.0 billion, respectively, pursuant to the 2011 Repurchase Program. As of June 30, 2012, there remained approximately $1.0 billion available for future repurchases under the 2011 Repurchase Program.