Stockholders' Equity (Tables)

3 Months Ended

Mar. 31, 2022

Equity [Abstract]

Schedule of Common Share Repurchases

The following table summarizes our common share repurchases and issuances.

 

	Three Months Ended March 31,
(Shares and per share amounts in actuals)	2022		2021
Common stock repurchased under repurchase programs(1)(2)(3)	9,533,392		48,702,830
Average purchase price per share(4)	$	18.46	$	15.75
Shares repurchased related to employee stock-based compensation plans(5)	934,602		1,059,980
Average purchase price per share	$	18.55	$	13.50
Common shares issued(6)	2,594,817		2,826,387

(1) Common shares purchased under our share repurchase programs. We have utilized all capacity under our 2021 Share Repurchase Program. There was $1.1 billion of capacity remaining under the 2022 Share Repurchase Program at March 31, 2022.

(2) For the three months ended March 31, 2021, the amount includes 13 million shares related to the completion of the accelerated share repurchase agreement in the first quarter of 2021. See Notes to Consolidated Financial Statements, Note 13, “Stockholders’ Equity” in our 2021 Form 10-K for additional information.

(3) For the three months ended March 31, 2021, the amount includes 28.5 million shares related to the settlement of our common stock tender offer in the first quarter of 2021. See Notes to Consolidated Financial Statements, Note 13, “Stockholders’ Equity” in our 2021 Form 10-K for additional information.

(4) Average purchase price per share includes purchase commission costs.

(5) Comprised of shares withheld from stock option exercises and vesting of restricted stock for employees’ tax withholding obligations and shares tendered by employees to satisfy option exercise costs.

(6)  Common shares issued under our various compensation and benefit plans.