22 unchanged sentences
(1) There were no share repurchases during the fourth quarter of 2023.
−Removed: In October 2020 our Board of Directors authorized a program to repurchase up to $5.0 billion of our common stock (2020 Share Repurchase Program).
+Added: In October 2020 our Board of Directors authorized our 2020 Share Repurchase Program, which is a program to repurchase up to $5.0 billion of our common stock.
Our 2020 Share Repurchase Program does not have an expiration date.
All share repurchases under our 2020 Share Repurc hase Program will be retired.
−Removed: Under our 2020 Share Repurchase Program, we repurchased and retired approximately 3.6 million, 6.0 million and 1.6 million shares of our common stock at a cost of approximately $750.0 million, $1.8 billion and $400.0 million during the years ended December 31, 2022, 2021 and 2020 , respectively.
+Added: Under our 2020 Share Repurchase Program, we repurchased and retired approximately 3.6 million and 6.0 million shares of our common stock at a cost of approximately $750.0 million and $1.8 billion during the years ended December 31, 2022 and 2021 , respectively.
+Added: There were no share repurchases of our common stock during the year ended December 31, 2023.
Approximately $2.1 billion remained available under our 2020 Share Repurchase Program as of December 31, 2023.
−Removed: In December 2019 our Board of Directors authorized a program to repurchase up to $5.0 billion of our common stock (December 2019 Share Repurchase Program), which was completed as of September 30, 2020.
−Removed: All shares repurchased under our December 2019 Share Repurchase Program were retired.
−Removed: Under our December 2019 Share Repurchase Program, we repurchased and retired approximately 16.7 million shares of our common stock at a cost of approximately $5.0 billion during the year ended December 31, 2020.
−Removed: In March 2019 our Board of Directors authorized a program to repurchase up to $5.0 billion of our common stock (March 2019 Share Repurchase Program), which was completed as of March 31, 2020.
−Removed: All shares repurchased under our March 2019 Share Repurchase Program were retired.
−Removed: Under our March 2019 Share Repurchase Program, we repurchased and retired approximately 4.1 million shares of our common stock at a cost of approximately $1.3 billion during the year ended December 31, 2020.
In August 2022 the IRA was signed into law.
Among other things, the IRA levies a 1.0% excise tax on net stock repurchases after December 31, 2022.
−Removed: Historically, we have made discretionary share repurchases.
−Removed: Table of Conten ts
+Added: While we have historically made discretionary share repurchases, we had no share repurchases of our common stock during the year ended December 31, 2023.
+Added: T able of Contents
PERFORMANCE GRAPH
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The information included under the heading Performance Graph is “furnished” and not “filed” for purposes of Section 18 of the Securities Exchange Act, or otherwise subject to the liabilities of that section, nor shall it be deemed to be “soliciting material” subject to Regulation 14A or incorporated by reference in any filing under the Securities Act of 1933 or the Securities Exchange Act of 1934.
−Removed: Table of Conten ts
+Added: T able of Contents
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.