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Equity
 12 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Equity
Note 9. Equity

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
2023$0.88 $280.8 13.1 $29.47 $385.0 $12.7 $678.5 
2022$0.84 $270.4 9.2 $32.32 $299.7 $15.4 $585.5 
2021$0.80 $259.1 15.7 $27.56 $433.3 $10.2 $702.6 


Cash Dividends on Shares of Common Stock

During 2023, 2022, and 2021, the Company declared and paid quarterly cash dividends of $0.22, $0.21, and $0.20 per common share, totaling $280.8 million, $270.4 million, and $259.1 million, respectively, on its outstanding common stock. 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 15, Subsequent Events, for discussion of the Company's dividend declaration subsequent to December 31, 2023.

Stock Repurchase Activities

In January 2018, the Board approved a $2.0 billion share repurchase program ("2018 Stock Repurchase Program"). In October 2019, the Board authorized a $1.0 billion increase to the 2018 Stock Repurchase Program for a total of $3.0 billion.

During the fiscal year ended December 31, 2023, the Company repurchased 13.1 million shares of its common stock in the open market at an average price of $29.47 per share for an aggregate purchase price of $385.0 million under the 2018 Stock Repurchase Program.

As of December 31, 2023, there were $0.2 billion of authorized funds remaining under the 2018 Stock Repurchase Program.

In addition, the Company withholds shares of common stock from certain employees in connection with the vesting of stock awards issued to such employees to satisfy applicable tax withholding requirements. Such withheld shares are treated as common stock repurchases in the Company's financial statements as they reduce the number of shares that would have been issued upon vesting. Repurchases associated with tax withholdings were $12.7 million, $15.4 million, and $10.2 million during 2023, 2022, and 2021, respectively.
Accumulated Other Comprehensive Income (Loss), Net of Tax

The components of accumulated other comprehensive income (loss), net of related taxes, for the years ended December 31, 2023, 2022, and 2021 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, 2020
$34.1 $57.7 $(36.2)$55.6 
Other comprehensive loss before reclassifications
(5.0)(13.5)(12.8)(31.3)
Amount reclassified from accumulated other comprehensive income (loss)
(1.2)(25.2)— (26.4)
Other comprehensive loss, net
(6.2)(38.7)(12.8)(57.7)
Balance as of December 31, 2021
$27.9 $19.0 $(49.0)$(2.1)
Other comprehensive income (loss) before reclassifications
(6.5)15.7 (30.1)(20.9)
Amount reclassified from accumulated other comprehensive income (loss)
0.4 26.8 — 27.2 
Other comprehensive income (loss), net
(6.1)42.5 (30.1)6.3 
Balance as of December 31, 2022
$21.8 $61.5 $(79.1)$4.2 
Other comprehensive income (loss) before reclassifications
7.1 11.7 (3.0)15.8 
Amount reclassified from accumulated other comprehensive income (loss)
— 29.1 — 29.1 
Other comprehensive income (loss), net
7.1 40.8 (3.0)44.9 
Balance as of December 31, 2023
$28.9 $102.3 $(82.1)$49.1 
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(1)    The reclassifications out of accumulated other comprehensive income (loss) during the years ended December 31, 2023, 2022, and 2021 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) for realized gains (losses) on cash flow hedges was $(29.8) million, $(25.8) million and $28.9 million for the year ended December 31, 2023, 2022 and 2021, respectively. The reclassified amounts were included within cost of revenues, research and development, sales and marketing, and general and administrative in the Consolidated Statements of Operations.