XML 56 R38.htm IDEA: XBRL DOCUMENT v3.20.4
Equity (Tables)
12 Months Ended
Dec. 31, 2020
Equity [Abstract]  
Repurchase and retirement of common stock and net issuances
The following table summarizes dividends paid, stock repurchases and retirements under the Company's stock repurchase programs, and stock repurchases for tax withholdings (in millions, except per share amounts):
DividendsStock RepurchasesTotal
YearPer ShareAmountShares
Average price
per share
(*)
AmountTax Withholding
Amount
Amount
2020$0.80 $264.1 17.9 $23.47 $375.0 $6.2 $645.3 
2019$0.76 $260.1 20.1 $25.36 $550.0 $5.0 $815.1 
2018$0.72 $249.3 29.3 $25.62 $750.0 $6.6 $1,005.9 
________________________________
(*)    $23.47 average price per share for 2020 includes $375.0 million in open market purchases, and settlement of the forward contract of $40.0 million under the ASR, which was initiated during the fourth quarter of 2019.
Components of accumulated other comprehensive loss, net of taxes
The components of accumulated other comprehensive loss, net of related taxes, for the years ended December 31, 2020, 2019, and 2018 were as follows (in millions):
Unrealized
Gains/Losses
on Available-for-
Sale Debt Securities(1)
Unrealized
Gains/Losses
on Cash Flow
Hedges(2)
Foreign
Currency
Translation
Adjustments
Total
Balance as of December 31, 2017$19.0 $6.0 $(30.4)$(5.4)
Other comprehensive income (loss) before reclassifications0.6 (6.4)(12.4)(18.2)
Amount reclassified from accumulated other comprehensive income (loss)
0.9 (1.2)— (0.3)
Other comprehensive income (loss), net1.5 (7.6)(12.4)(18.5)
Reclassification of tax effects upon adoption of ASU 2018-02
5.0 0.7 — 5.7 
Balance as of December 31, 2018$25.5 $(0.9)$(42.8)$(18.2)
Other comprehensive income (loss) before reclassifications
4.6 (8.9)(1.1)(5.4)
Amount reclassified from accumulated other comprehensive income (loss)
(0.4)5.5 — 5.1 
Other comprehensive income (loss), net4.2 (3.4)(1.1)(0.3)
Balance as of December 31, 2019$29.7 $(4.3)$(43.9)$(18.5)
Other comprehensive income before reclassifications5.7 54.4 7.7 67.8 
Amount reclassified from accumulated other comprehensive income (loss)
(1.3)7.6 — 6.3 
Other comprehensive income, net4.4 62.0 7.7 74.1 
Balance as of December 31, 2020$34.1 $57.7 $(36.2)$55.6 
________________________________
(1)    The reclassifications out of accumulated other comprehensive income (loss) during the years ended December 31, 2020, 2019, and 2018 for realized gains on available-for-sale debt securities were not material, and were included in other expense, net, in the Consolidated Statements of Operations.
(2)    The reclassifications out of accumulated other comprehensive income (loss) during the years ended December 31, 2020, 2019, and 2018 for realized gains and losses on cash flow hedges were not material, and were included within cost of revenues, research and development, sales and marketing, and general and administrative in the Consolidated Statements of Operations.