STOCK REPURCHASE PROGRAMS |
3 Months Ended |
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Mar. 31, 2025 | |
Equity [Abstract] | |
STOCK REPURCHASE PROGRAMS | STOCK REPURCHASE PROGRAMS During the three months ended March 31, 2025, we repurchased approximately 19 million shares of our common stock for approximately $1.5 billion at an average cost of $77.56, excluding excise tax. These shares were purchased in the open market under our stock repurchase program authorized in June 2022. As of March 31, 2025, a total of approximately $3.4 billion and $15.0 billion remained available for future repurchases of our common stock under our June 2022 and February 2025 stock repurchase programs, respectively. During the three months ended March 31, 2025 and 2024, we recorded $12 million and $10 million in excise tax within treasury stock on our condensed consolidated balance sheets, respectively. The payable associated with the excise tax is a non-cash financing activity which is not reflected on the condensed consolidated statement of cash flows until settled.
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