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Earnings Per Share, Share Repurchases and Dividends on Common Stock (Unaudited) (Tables)
9 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Share Repurchases
The table below summarizes the company’s share repurchases to date under the authorizations described above:
 
 
 
 
 
 
 
 
 
 
Shares Repurchased
(in millions)
Repurchase Program
Authorization Date
 
Amount
Authorized
(in millions)
 
Total
Shares Retired
(in millions)
 
Average 
Price
Per Share
(1)
 
Date Completed
 
Nine Months Ended September 30
 
2017
 
2016
December 4, 2014
 
$
3,000

 
18.0

 
$
166.70

 
March 2016
 

 
1.4

September 16, 2015
 
$
4,000

 
7.4

 
$
222.93

 

 
1.6

 
4.2


(1) 
Includes commissions paid.