Dividends (Notes)

6 Months Ended

Jun. 30, 2020

Equity [Abstract]

Stockholders' Equity Note Disclosure

Dividends

In June 2020, the Company’s Board of Directors increased the Company’s quarterly cash dividend to shareholders to an annual rate of $5.00 compared to $4.32 per share, which the Company had paid since June 2019. Declaration and payment of future quarterly dividends is at the discretion of the Board and may be adjusted as business needs or market conditions change.

The following table provides details of the Company’s 2020 dividend payments:

Payment Date	Amount per Share	Total Amount Paid
		(in millions)
March 24	$1.08	$	1,024
June 30	$1.25	1,188