Annual report pursuant to Section 13 and 15(d)

Share Repurchase Programs

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Share Repurchase Programs
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Share Repurchase Programs SHARE REPURCHASE PROGRAMS
On September 7, 2021, our Board authorized a reset in the previously existing share repurchase program to $1.0 billion, inclusive of any amounts remaining under the previous authorization as of September 30, 2021, for an additional three years beginning on October 1, 2021. On September 12, 2022, our Board authorized an increase in the existing share repurchase program by $4.0 billion for an additional three years, beginning on October 1, 2022. The following table presents information with respect to common stock repurchased under our share repurchase program (in millions, except per share data):
Year Ended December 31,
2023 2022 2021
Total shares repurchased 9.54  9.35  0.10 
Weighted average price paid per share $ 155.50  $ 146.88  $ 87.32 
Total cost of repurchases (1) $ 1,484  $ 1,373  $ 9 
(1)Amount excludes associated commission fees and excise taxes incurred, which are excluded costs under the repurchase program.

As of December 31, 2023, we had approximately $2.1 billion remaining under our share repurchase program. Subsequent to December 31, 2023 and through February 16, 2024, we repurchased approximately 2.9 million shares for over $450 million.