XML 34 R17.htm IDEA: XBRL DOCUMENT v3.19.3
Capital Stock
9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Capital Stock Capital Stock
Treasury Stock
In July 2019, the Board of Directors authorized an increase of 25.0 million shares to the Company’s share repurchase program. During the first nine months of 2019, the Company repurchased 15.5 million shares for a total cost of $316.1 million. As of September 30, 2019, 21.0 million shares were available for repurchase under the share repurchase program.
Dividends
In April 2019, the Board of Directors approved an increase in the quarterly dividend on the Company's common stock from $0.07 per share to $0.09 per share. In October 2019, the Board of Directors approved an additional increase in the quarterly dividend on the Company's common stock from $0.09 per share to $0.10 per share.