Quarterly report pursuant to Section 13 or 15(d)

Share Repurchase Program

v3.20.2
Share Repurchase Program
 9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Share Repurchase Program SHARE REPURCHASE PROGRAM
On June 3, 2019, we announced that our Board of Directors (“Board”) authorized a 3-year, $1.0 billion share repurchase program. The following table presents information with respect to repurchases of common stock during the three and nine months ended September 30, 2020 and 2019:
Three Months Ended September 30, Nine Months Ended September 30,
2020 2019 2020 2019
Aggregate common stock repurchased —  2,477,724  2,875,376  2,522,324 
Weighted average price paid per share $ —  $ 62.99  $ 53.88  $ 63.09 
Total amount paid (in millions) $ —  $ 156  $ 155  $ 159 
As of September 30, 2020, we had up to $596 million of the share repurchase program available. Under the share repurchase program, repurchases can be made from time to time using a variety of methods, which may include open market purchases, privately negotiated transactions or otherwise, all in accordance with the rules of the SEC and other applicable legal requirements. The timing and amount of any shares of our common stock that are repurchased under the share repurchase program will be determined by our management based on market conditions and other factors.  The share repurchase program does not obligate us to acquire any particular amount of common stock, and may be modified, suspended or discontinued at any time or from time to time at our discretion.