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SHAREHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2020
Equity [Abstract]  
Stock repurchase activity under current stock repurchase program
The following table summarizes share repurchase activity under our current share repurchase program:
($ in millions, except per share amounts)Number of Shares RepurchasedCost of Shares RepurchasedAverage Price Paid per Share
As of December 31, 201916,418,950 $1,258 $76.60 
For the first three quarters of 2020769,935 82 106.60 
As of September 30, 202017,188,885 $1,340 $77.95 
Cash dividend declared
We declared cash dividends to holders of common stock during the first three quarters of 2020 as follows:
Declaration DateShareholder Record DateDistribution DateDividend per Share
February 14, 2020February 27, 2020March 12, 2020$0.54