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Equity (Tables)
 12 Months Ended
Dec. 31, 2013
Equity [Abstract]  
Dividend history
On January 29, 2014, the Board of Directors approved an increase in the dividends for 2014 to a quarterly rate of $0.30 per common share. 
 
Year Ended December 31,
 
2013
 
2012
 
2011
Quarterly dividend rate
$
0.28

 
$
0.255

 
$
0.25

Annualized dividend rate
$
1.12

 
$
1.02

 
$
1.00

Special dividend
$
—

 
$
2.50

 
$
—

Dividends paid (in millions)
$
308

 
$
984

 
$
296
Share repurchases
Share repurchases were as follows: 
(in millions, except average price)
Year Ended December 31,
 
2013
 
2012
 
2011
Total number of shares purchased - 2011 Repurchase Program 1, 2
16.9

 
6.8

 
26.3

Total number of shares purchased - 2007 Repurchase Program
—

 
—

 
8.4

Average price paid per share 2, 3
$
58.52

 
$
50.35

 
$
40.48

Total cash utilized
$
989

 
$
295

 
$
1,500

1 
2013 and 2012 includes shares received as part of our accelerated share repurchase agreements as described in more detail below.
2 
In any period, cash used in financing activities related to common stock repurchased may differ from the comparable change in equity, reflecting timing differences between the recognition of share repurchase transactions and their settlement for cash. As such, in fourth quarter of 2013, 0.1 million shares were repurchased for approximately $10 million, which settled in January 2014. Excluding these 0.1 million shares, the average price paid per share was $58.36.
3 
Average price paid per share information for 2013 includes the accelerated share repurchase transaction, while 2012 and 2011 does not include the accelerated share repurchase transactions entered in December 2011 as discussed in more detail below.
Redeemable noncontrolling interest rollforward
Changes to redeemable noncontrolling interest during the year ended December 31, 2013 were as follows:
(in millions)
 
Balance as of December 31, 2012
$
810

Net income attributable to noncontrolling interest
73

Distributions to noncontrolling interest
(62
)
Redemption value adjustment
(11
)
Balance as of December 31, 2013
$
810