XML 47 R33.htm IDEA: XBRL DOCUMENT v3.21.1
Stock Repurchases
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Schedule of Stock Repurchases
The following table summarizes our stock repurchases for the three months ended March 31, 2021 and 2020:
(Dollars in millions)For the Three Months Ended March 31,
 20212020
Stock RepurchasesNumber of Shares RepurchasedCostNumber of Shares RepurchasedCost
Open Market (1)386,342 $132.5 710,157 $300.6 
Other (2)7,066 2.7 15,063 6.5 
Total393,408 $135.2 725,220 $307.1 
(1)     Represents repurchases under authorizations by the board of directors for the repurchase of shares by us from time to time in the open market or in privately negotiated transactions. On March 5, 2020, the board of directors authorized the repurchase of up to three million shares of our common stock in addition to the board’s prior authorizations. As of March 31, 2021, we had authorization to repurchase 2,116,268 shares of our common stock.
(2)     Represents shares of common stock released to us by team members as payment of tax withholdings upon the vesting of restricted stock and restricted stock units and the conversion of restricted stock units to common stock.