Equity

6 Months Ended

Jun. 30, 2019

EQUITY

As of June 30, 2019, we had $3.52 billion of share repurchase authorization remaining under authorizations from our board of directors. We may utilize various methods to effect the repurchases, which could include open market repurchases, negotiated block transactions, accelerated share repurchases or open market solicitations for shares, some of which may be effected through Rule 10b5-1 plans. The timing and amount of future repurchases, if any, will depend upon several factors, including market and business conditions, and such repurchases may be discontinued at any time.

Total share repurchases were as follows:



	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except per share data)	2019		2018		2019		2018
Number of shares repurchased	9		12		23		31
Cash paid for shares repurchased	$	500	$	885	$	1,385	$	2,212
Average cost per share	$	57.18	$	76.30	$	60.75	$	71.58

As of June 30, 2019, we had agreements to acquire 109,200 common shares for $6 million, which settled in early July 2019.