Equity

The following table summarizes dividends paid, stock repurchases and retirements under the Company's stock repurchase program (in millions, except per share amounts):



	Three Months Ended March 31,
	2019		2018⁽¹⁾⁽²⁾
Dividends
Per share	$	0.19	$	0.18
Amount	$	66.2	$	62.1

Stock repurchases
Shares	—		23.3
Average price per share	$	—	$	25.80
Amount	$	—	$	750.0

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⁽¹⁾	Shares repurchased under the 2018 Stock Repurchase Program.


⁽²⁾	$750.0 million represents the full amount of the accelerated share repurchase program (the "ASR") for which 23.3 million shares were received initially during the first quarter of 2018, and an additional 6.0 million shares were received at final settlement during the third quarter of 2018.

Cash Dividends on Shares of Common Stock

During the three months ended March 31, 2019, the Company declared a quarterly cash dividend of $0.19 per share of common stock on January 29, 2019, which was paid on March 22, 2019 to stockholders of record on March 1, 2019. Any future dividends, and the establishment of record and payment dates, are subject to approval by the Board of Directors (the “Board”) of Juniper or an authorized committee thereof. See Note 14, Subsequent Event, for discussion of the Company's dividend declaration subsequent to March 31, 2019.

Stock Repurchase Activities

In January 2018, the Board approved a $2.0 billion share repurchase program ("2018 Stock Repurchase Program"). As part of the 2018 Stock Repurchase Program, in February 2018, the Company entered into an ASR to repurchase $750.0 million of its common stock. The Company made an up-front payment of $750.0 million pursuant to the ASR to repurchase its common stock. The aggregate number of shares ultimately repurchased of 29.3 million shares of common stock was determined based on a volume weighted average repurchase price, less an agreed upon discount, of $25.62 per share.

As of March 31, 2019, there were $1.3 billion of authorized funds remaining under the 2018 Stock Repurchase Program.

Future share repurchases under the 2018 Stock Repurchase Program will be subject to a review of the circumstances at that time and will be made from time to time in private transactions or open market purchases as permitted by securities laws and other legal requirements. The Company's 2018 Stock Repurchase Program may be discontinued at any time.

In addition to repurchases under the 2018 Stock Repurchase Program, the Company also repurchases common stock from certain employees in connection with the net issuance of shares to satisfy applicable tax withholding requirements upon the vesting of certain stock awards issued to such employees. Repurchases associated with tax withholdings were not material during the three months ended March 31, 2019 and March 31, 2018.

Accumulated Other Comprehensive Loss, Net of Tax

The components of accumulated other comprehensive loss, net of related taxes, for the three months ended March 31, 2019 were as follows (in millions):



	Unrealized Gains/Losses on Available-for- Sale Debt Securities		Unrealized Gains/Losses on Cash Flow Hedges			Foreign Currency Translation Adjustments			Total
Balance as of December 31, 2018	$	25.5	$	(0.9	)	$	(42.8	)	$	(18.2	)
Other comprehensive income before reclassifications	1.8		2.1			2.2			6.1
Amount reclassified from accumulated other comprehensive loss	—		1.2			—			1.2
Other comprehensive income, net	1.8		3.3			2.2			7.3
Balance as of March 31, 2019	$	27.3	$	2.4		$	(40.6	)	$	(10.9	)