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COMMON STOCK REPURCHASE PROGRAM
12 Months Ended
Dec. 31, 2013
COMMON SHARE REPURCHASE PROGRAM  
COMMON STOCK REPURCHASE PROGRAM
COMMON STOCK REPURCHASE PROGRAM
The Company has a share repurchase program for up to 45 million shares of the Company's common stock. At management's discretion, the Company repurchases its common stock from time to time in the open market, depending on market conditions, stock price and other factors. During the year ended December 31, 2013, the Company purchased 2,671,614 shares at an average cost per share of $61.67. As of December 31, 2013, 15,670,759 shares remained available for repurchase under the stock repurchase program. The treasury shares have not been retired.