Stockholders' Equity (Tables)

6 Months Ended

Jun. 30, 2023

Equity [Abstract]

Schedule of Common Share Repurchases

The following table summarizes our common share repurchases and issuances.

 

	Three Months Ended   June 30,				Six Months Ended   June 30,
(Shares and per share amounts in actuals)	2023		2022		2023		2022
Common stock repurchased under repurchase programs(1)	16,389,696		19,997,008		16,389,696		29,530,400
Average purchase price per share(2)	$	15.71	$	18.01	$	15.71	$	18.15
Shares repurchased related to employee stock-based compensation plans(3)	128,212		196,301		1,077,643		1,130,903
Average purchase price per share	$	14.64	$	17.45	$	15.44	$	18.36
Common shares issued(4)	349,009		493,893		2,872,753		3,088,710

(1) Common shares purchased under our share repurchase programs. We have utilized all capacity under our 2021 Share Repurchase Program. There was $326 million of capacity remaining under the 2022 Share Repurchase Program at June 30, 2023.

(2) Average purchase price per share includes purchase commission costs and excise taxes.

(3) 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.

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