Stockholders' Equity

3 Months Ended

Mar. 31, 2017

Stockholders' Equity Note [Abstract]

Stockholders' Equity

8) STOCKHOLDERS’ EQUITY

During the first quarter of 2017, the Company repurchased 7.6 million shares of its Class B Common Stock under its share repurchase program for $500 million, at an average cost of $65.97 per share. At March 31, 2017, the Company had $3.61 billion of authorization remaining under its repurchase program.

During the first quarter of 2017, the Company declared a quarterly cash dividend of $.18 on its Class A and Class B Common Stock, resulting in total dividends of $75 million, which were paid on April 1, 2017.

Accumulated Other Comprehensive Income (Loss)

The following tables summarize the changes in the components of accumulated other comprehensive income (loss).

	Cumulative Translation Adjustments		Net Actuarial Gain (Loss) and Prior Service Cost				Accumulated Other Comprehensive Loss
At December 31, 2016	$	151	$	(918	)			$	(767	)
Other comprehensive income before reclassifications	2		—					2
Reclassifications to net earnings (loss)	—		12			(a)		12
Net other comprehensive income	2		12					14
At March 31, 2017	$	153	$	(906	)			$	(753	)

	Cumulative Translation Adjustments		Net Actuarial Gain (Loss) and Prior Service Cost				Accumulated Other Comprehensive Loss
At December 31, 2015	$	152	$	(922	)			$	(770	)
Other comprehensive income before reclassifications	1		—					1
Reclassifications to net earnings (loss)	—		10			(a)		10
Net other comprehensive income	1		10					11
At March 31, 2016	$	153	$	(912	)			$	(759	)

(a) Reflects amortization of net actuarial losses. See Note 7.

The net actuarial gain (loss) and prior service cost related to pension and other postretirement benefit plans included in other comprehensive income is net of a tax provision of $8 million and $6 million for the three months endedMarch 31, 2017 and 2016, respectively.