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Dividends (Notes)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Stockholders' Equity Note Disclosure Dividends
In June 2021, the Company’s Board of Directors increased the Company’s quarterly cash dividend to shareholders to an annual rate of $5.80 compared to $5.00 per share, which the Company had paid since June 2020. Declaration and payment of future quarterly dividends is at the discretion of the Board and may be adjusted as business needs or market conditions change.
The following table provides details of the Company’s 2021 dividend payments:
Payment DateAmount per ShareTotal Amount Paid
(in millions)
March 23$1.25 $1,181 
June 291.45 1,367 
September 211.45 1,367