Capital Stock, Dividends and Common Stock Repurchase Program (Tables)

12 Months Ended

Dec. 31, 2017

Capital Stock, Dividends and Common Stock Repurchase Program

Share Repurchases under Common Stock Repurchase Programs

	2017(a)		2016(b)		2015(c)
Shares repurchased (in thousands)		10,058		11,241		14,823
Weighted average price per share	$	77.67	$	60.49	$	49.83
Total repurchases (in millions)	$	750	$	725	$	600

(a) During 2017, we executed and completed two ASR agreements to repurchase $750 million of our common stock. Our “Shares repurchased” includes the 0.4 million shares related to the ASR agreement executed in November 2016, discussed further below.

(b) During 2016, we executed four ASR agreements to repurchase $725 million of our common stock. The ASR agreement entered into in November 2016 was for the repurchase of $225 million of our common stock and was completed in February 2017. We received a total of 3.2 million shares based on a final weighted average price per share during the repurchase period of $69.43.

(c) During 2015, we executed and completed two ASR agreements to repurchase $600 million of our common stock. Our “Shares repurchased” also includes 2.8 million shares related to ASR agreements that were executed in 2014.