Share Repurchase Program

3 Months Ended

Mar. 31, 2022

Share Repurchase Program [Abstract]

Share Repurchase Program

Note 14. Share Repurchase Program

On September 7, 2021, we announced a three-year repurchase authorization of up to $400 million of outstanding shares of our common stock over the three-year period from September 3, 2021 through September 3, 2024.

Purchases of outstanding shares are as follows:

	Three Months Ended
	March 31,
(In millions, except per share data)	2022		2021
Number of shares purchased		1.1		—
Average price paid per share(1)	$	36.95	$	—
Cost of shares purchased	$	40	$	—

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(1)The average price paid per share is calculated on a trade date basis and excludes commissions.