13 unchanged sentences
(d) Stock Repurchases .
−Removed: In the second quarter of 2019, our Board of Directors approved adding 3,000,000 shares of Common Stock to an existing discretionary share repurchase authority.
+Added: In 2021, the Board of Directors approved adding 7,000,000 shares of Common Stock to an existing discretionary share repurchase authority.
Under the share repurchase program, the Common Stock may be purchased through a combination of Rule 10b5-1 automatic trading plan and discretionary purchases in accordance with applicable securities laws.
1 unchanged sentence
The stock repurchase authorization remains effective until terminated by our Board of Directors which may occur at any time, subject to the parameters of any Rule 10b5-1 automatic trading plan that we may then have in effect.
−Removed: Due to the uncertainty surrounding the impact of the global COVID-19 pandemic, we suspended our share repurchases on March 18, 2020.
In 2021, we repurchased 5,087,467 shares at an average price of $72.03 per share and at a total cost of $366.5 million.
As of December 31, 2021, there were 3,526,357 shares remaining on the existing repurchase authorization.
+Added: After a blackout period on share repurchase activity in the third quarter of 2021 related to the Giant acquisition, we resumed our repurchases in early November.
On January 25, 2022, the Board of Directors approved adding 3,500,000 shares of common stock to the existing discretionary share repurchase authority.
−Removed: Including the additional shares, we have approximately 8.6 million shares available for repurchase.
−Removed: We currently intend to spend approximately $400 million to repurchase common stock in 2021 through a combination of 10b5-1 plans and open market purchases.
+Added: Including the additional shares, we have approximately 6.8 million shares available for repurchase as of the date of the Board of Directors' approval.
+Added: We intend to spend approximately $400 million to repurchase Common Stock in 2022 through a combination of 10b5-1 plans and open market purchases.
(e) Performance Graph .
10 unchanged sentences
ITEM 6 – SELECTED FINANCIAL DATA
−Removed: (dollars in millions, except per share amounts)
−Removed: Years ended December 31,
−Removed: 2020 2019 2018 2017 (1)
−Removed: Net sales $ 2,895.3 $ 2,992.7 $ 3,187.9 $ 2,996.7 $ 2,685.9
−Removed: Net earnings (1)
−Removed: $ 344.9 $ 370.0 $ 444.2 $ 296.5 $ 326.5
−Removed: Basic earnings per share of common stock (1,2)
−Removed: Net earnings $ 2.13 $ 2.24 $ 2.60 $ 1.72 $ 1.87
−Removed: Diluted earnings per share of common stock (1,2)
−Removed: Net earnings $ 2.12 $ 2.22 $ 2.58 $ 1.70 $ 1.85
−Removed: Cash dividends per common share (2)
−Removed: $ 0.98 $ 0.90 $ 0.76 $ 0.56 $ 0.48
−Removed: Years ended December 31,
−Removed: 2020 2019 2018 2017 2016
−Removed: Total assets $ 3,160.7 $ 3,058.0 $ 3,071.5 $ 3,197.4 $ 2,891.0
−Removed: Long-term debt (3)
−Removed: 106.4 277.2 221.4 402.9 316.4
−Removed: Total stockholders’ equity 1,848.3 1,666.8 1,717.0 1,644.9 1,511.4
−Removed: (1) Due to the enactment of the U.S.
−Removed: Tax Cuts & Jobs Act in December 2017, we recorded a one-time charge of $81.8 million in 2017, our estimate of the costs primarily associated with the repatriation of undistributed foreign earnings.
−Removed: These charges reduced 2017 earnings per share by $0.47.
−Removed: (2) In September 2016, we declared a 100 percent stock dividend to holders of Common Stock and Class A Common Stock which is not included in cash dividends.
−Removed: Basic and diluted earnings per share are calculated using the weighted average shares outstanding which were restated for all periods presented to reflect the stock dividend.
−Removed: (3) Excludes the current portion of long-term debt.
+Added: This item is no longer required as we have adopted the changes to Item 301 of Regulation S-K contained in the Securities and Exchange Commission's Release No.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.