Shareholders' Equity (Notes)

3 Months Ended

Mar. 31, 2020

Statement of Stockholders' Equity [Abstract]

Stockholders' Equity

Shareholders' Equity

On February 7, 2019, the Company's Board of Directors authorized the repurchase of up to 15.0 million shares of the Company's outstanding common stock in the open market or through privately negotiated transactions. This authorization will expire on February 7, 2021 and may be suspended or discontinued at any time. During the three months ended March 31, 2020, the Company repurchased approximately 4.1 million shares of the Company's common stock through open market transactions under the 2019 authorization. Total cash payments for the repurchase of common stock during the three months ended March 31, 2020 were $150.0 million. On March 20, 2020, the Company paid a dividend of $0.17 per share on its outstanding common stock to the shareholders of record as of the close of business on March 6, 2020. Total cash payments for dividends during the three months ended March 31, 2020 were $22.7 million.