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Shareholders' Equity
 3 Months Ended
Mar. 31, 2016
Equity [Abstract]  
SHAREHOLDER'S EQUITY
SHAREHOLDER'S EQUITY
The following tables present after-tax changes in each component of accumulated other comprehensive loss for the three months ended March 31, 2016 and 2015 (dollars in millions):
 
Available-for-sale
Securities
 
Cash Flow 
Hedging
Instruments
 
Foreign 
Currency
Translation
 
Total
Beginning balance, December 31, 2015
$
(101
)
 
$
—

 
$
2

 
$
(99
)
Other comprehensive income before reclassifications
94

 
—

 
—

 
94

Amounts reclassified from accumulated other comprehensive loss
(9
)
 
—

 
—

 
(9
)
Net change
85

 
—

 
—

 
85

Ending balance, March 31, 2016
$
(16
)
 
$
—

 
$
2

 
$
(14
)
 
Available-for-sale
Securities
 
Cash Flow 
Hedging
Instruments
 
Foreign 
Currency
Translation
 
Total
Beginning balance, December 31, 2014
$
7

 
$
(261
)
 
$
5

 
$
(249
)
Other comprehensive income (loss) before reclassifications
39

 
(11
)
 
—

 
28

Amounts reclassified from accumulated other comprehensive loss
(6
)
 
16

 
—

 
10

Net change
33

 
5

 
—

 
38

Ending balance, March 31, 2015
$
40

 
$
(256
)
 
$
5

 
$
(211
)
The following table presents the income statement line items impacted by reclassifications out of accumulated other comprehensive loss for the three months ended March 31, 2016 and 2015 (dollars in millions):
Accumulated Other Comprehensive Loss Components
 
Amounts Reclassified from Accumulated Other Comprehensive Loss
 
Affected Line Items in the Consolidated Statement of Income
 
 
Three Months Ended March 31,
 
 
 
 
2016
 
2015
 
 
Available-for-sale securities:
 
 
 
 
 
 
 
 
$
15

 
$
10

 
Gains (losses) on securities and other
 
 
(6
)
 
(4
)
 
Tax expense
 
 
$
9

 
$
6

 
Reclassification into earnings, net
Cash flow hedging instruments:
 
 
 
 
 
 
 
 
$
—

 
$
(26
)
 
Interest expense
 
 
—

 
10

 
Tax benefit
 
 
$
—

 
$
(16
)
 
Reclassification into earnings, net

Conversions of Convertible Debentures
During the three months ended March 31, 2016 and 2015, $4 million and less than $1 million of the Company’s convertible debentures were converted into 0.4 million and less than 0.1 million shares of common stock, respectively.
Share Repurchases
On November 19, 2015, the Company announced that its Board of Directors authorized the repurchase of up to $800 million of shares of the Company's common stock through March 31, 2017. During the three months ended March 31, 2016, the Company repurchased a total of $301 million, or 13.1 million shares, of common stock under this program which brings total repurchases to $351 million since inception. As of March 31, 2016, $449 million remained available for additional repurchases. The Company accounts for share repurchases retired after repurchase by allocating the excess repurchase price over par to additional paid-in-capital.