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Subsequent Events
9 Months Ended
Sep. 30, 2020
Subsequent Events  
Subsequent Events

18. Subsequent Events:

On October 8, 2020, together with the company's announcement to separate its managed infrastructure services unit of its GTS segment into a new public company by the end of 2021 (refer to note 1, "Basis of Presentation" for additional information), the company announced that it expects to record a charge for structural actions of approximately $2.3 billion in the fourth quarter of 2020.

On October 27, 2020, the company announced that the Board of Directors approved a quarterly dividend of $1.63 per common share. The dividend is payable December 10, 2020 to shareholders of record on November 10, 2020.