CAPITAL STOCK |
3 Months Ended |
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Mar. 31, 2024 | |
| Stockholders' Equity Note [Abstract] | Ìý |
| CAPITAL STOCK |
NOTE 13 - CAPITAL STOCK
SHARE REPURCHASE PROGRAM
On February 10, 2022, our Board of Directors authorized a program to repurchase outstanding common shares in the open market or in privately negotiated transactions, which may include purchases pursuant to Rule 10b5-1 plans or accelerated share repurchases, up to a maximum of $1Ìýbillion. As of MarchÌý31, 2024, we have fully utilized the $1Ìýbillion share repurchase authorization. During the three months ended MarchÌý31, 2024, we repurchased 30.4 million common shares at a cost of $608 million, excluding any excise tax due under the Inflation Reduction Act. During the three months ended MarchÌý31, 2023, we had no share buybacks.
PREFERRED STOCK
We have 3Ìýmillion shares of Serial Preferred Stock, Class A, without par value, authorized and 4 million shares of Serial Preferred Stock, Class B, without par value, authorized. No preferred shares are issued or outstanding.
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- References No definition available.
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- Definition The entire disclosure for equity. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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