XML 28 R18.htm IDEA: XBRL DOCUMENT v3.10.0.1
Share Repurchases Transactions and Other Comprehensive Loss
 9 Months Ended
Sep. 30, 2018
Federal Home Loan Banks [Abstract]  
Share Repurchases Transactions and Other Comprehensive Loss

NOTE 10 — SHARE REPURCHASES TRANSACTIONS AND OTHER COMPREHENSIVE LOSS

During the nine months ended September 30, 2018, we repurchased 11.558 million shares of our common stock at an average price of $103.42 per share through market purchases pursuant to the $2.0 billion share repurchase program authorized during October 2017. At September 30, 2018, we had $607 million of repurchase authorization available under the October 2017 authorization.

The components of accumulated other comprehensive loss are as follows (dollars in millions):

 

     Unrealized
Gains on
Available-
for-Sale
Securities		     Foreign
Currency
Translation
Adjustments		     Defined
Benefit
Plans		     Change
in Fair
Value of
Derivative
Instruments		     Total  

Balances at December 31, 2017

    $ 7     $ (149 )    $ (168 )    $ 32     $ (278 ) 

Unrealized losses on available-for-sale securities, net of $1 income tax benefit

      (7 )      —       —       —       (7 ) 

Foreign currency translation adjustments

      —       (35 )      —       —       (35 ) 

Change in fair value of derivative instruments, net of $14 of income taxes

      —       —       —       46       46  

Expense (income) reclassified into operations from other comprehensive income, net of $3 income tax benefit and $1 of income taxes, respectively

      —       —       12       (4 )      8  
  

 

 

    

 

 

    

 

 

    

 

 

    

 

 

  

Balances at September 30, 2018

    $ —     $ (184 )    $ (156 )    $ 74     $ (266 )