Shareholders' Equity (Narrative) (Details) - USD ($) shares in Thousands, $ in Thousands |
12 Months Ended | |||
|---|---|---|---|---|
Dec. 31, 2020 |
Dec. 31, 2019 |
Dec. 31, 2018 |
Jan. 29, 2021 |
|
| Subsequent Event [Line Items] | ||||
| Stock repurchase plan, authorized amount | $ 1,100,000 | |||
| Aggregate shares repurchased under stock repurchase plan | 26,800 | |||
| Stock repurchased to date, value | $ 1,017,800 | |||
| Stock Repurchased During Period, Value | 132,889 | $ 121,229 | $ 201,600 | |
| Stock Repurchase Program, Remaining Authorized Repurchase Amount | $ 82,200 | |||
| Shareholders' Equity |
NOTE 13—SHAREHOLDERS' EQUITY
Since the inception of the Company's stock repurchase plan in 2004 through December 31, 2020, the Company's Board of Directors has authorized the repurchase of $1.1 billion of the Company's common stock. Shares of the Company's common stock may be purchased in the open market or through privately negotiated transactions, subject to market conditions, and generally settle subsequent to the trade date. The repurchase program does not obligate the Company to acquire any specific number of shares or to acquire shares over any specified period of time.
Under this program as of December 31, 2020, the Company had repurchased 26.8 million shares at an aggregate purchase price of $1,017.8 million and have $82.2 million remaining available. During the year ended December 31, 2020, the Company purchased an aggregate of $132.9 million of common stock under this program. In January 2021, the Company's Board of Directors approved a $400.0 million increase in share repurchase authorization.
|
|||
| Subsequent Event | ||||
| Subsequent Event [Line Items] | ||||
| Stock repurchase plan, authorized amount | $ 400,000 | |||
| X | ||||||||||
- Definition Number of shares that have been repurchased to date under the program. No definition available.
|
| X | ||||||||||
- Definition Equity impact of the value of stock that has been repurchased to date and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. No definition available.
|
| X | ||||||||||
- Definition Amount of stock repurchase plan authorized. No definition available.
|
| X | ||||||||||
- Definition Amount remaining of a stock repurchase plan authorized. No definition available.
|
| X | ||||||||||
- Definition Equity impact of the value of stock that has been repurchased during the period and has not been retired and is not held in treasury. Some state laws may mandate the circumstances under which an entity may acquire its own stock and prescribe the accounting treatment therefore. This element is used when state law does not recognize treasury stock. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
|
| X | ||||||||||
- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. Reference 1: http://www.xbrl.org/2003/role/disclosureRef
|
| X | ||||||||||
- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. No definition available.
|
| X | ||||||||||
- Details
|