3 unchanged sentences
We expect that our practice of paying quarterly dividends on our common stock will continue, although the payment of future dividends is at the discretion of our Board of Directors and will depend upon our earnings, capital requirements, financial condition and other factors.
−Removed: Subject to declaration by our Board of Directors, we intend to increase the annual dividend to $0.94 per share, beginning in the second quarter of 2021.
−Removed: In September 2019, our Board of Directors authorized the repurchase, for retirement, of up to $2.0 billion of shares of our common stock in open-market transactions or otherwise.
−Removed: During 2020, we repurchased and retired 18.8 million shares of our common stock (including 0.4 million shares to offset the dilutive impact of restricted stock units granted during the year), for approximately $727 million.
+Added: The Board of Directors declared a quarterly dividend of $0.28 per share in the first quarter of 2022 with the intention to increase the annual dividend to $1.12 per share.
+Added: Effective February 10, 2021, our Board of Directors authorized the repurchase, for retirement, of up to $2.0 billion of shares of our common stock in open-market transactions or otherwise, replacing the previous Board of Directors authorization established in 2019.
+Added: We repurchased and retired 17.6 million shares of our common stock for the year ended December 31, 2021 for approximately $1,026 million.
+Added: This included 0.7 million shares to offset the dilutive impact of restricted stock units granted in 2021.
At December 31, 2021, we had $1,128 million remaining under the 2021 authorization.
−Removed: Our Board of Directors authorized the repurchase, for retirement, of up to $2.0 billion shares of our common stock in open-market transactions or otherwise, effective February 10, 2021, replacing the 2019 authorization.
The following table provides information regarding the repurchase of our common stock for the three-month period ended December 31, 2021.
21 unchanged sentences
S&P Consumer Durables & Apparel Index $ 116.59 $ 101.07 $ 133.69 $ 158.30 $ 191.45
−Removed: Selected Financial Data.
−Removed: Dollars in Millions (Except Per Common Share Data)
−Removed: 2020 2019 2018 2017 2016
−Removed: Net sales (1)
−Removed: $ 7,188 $ 6,707 $ 6,654 $ 6,014 $ 5,754
−Removed: Operating profit (1)
−Removed: 1,295 1,088 1,077 1,029 986
−Removed: Income from continuing operations attributable to Masco Corporation (1)
−Removed: 810 639 636 426 426
−Removed: Income per common share from continuing operations (1) :
−Removed: Basic $ 3.05 $ 2.21 $ 2.06 $ 1.34 $ 1.29
−Removed: Diluted 3.04 2.20 2.05 1.33 1.28
−Removed: Dividends declared 0.550 0.510 0.450 0.410 0.390
−Removed: Dividends paid 0.545 0.495 0.435 0.405 0.385
−Removed: At December 31:
−Removed: Total assets $ 5,777 $ 5,027 $ 5,393 $ 5,534 $ 5,164
−Removed: Long-term debt 2,792 2,771 2,971 2,969 2,995
−Removed: Shareholders' equity (deficit) 421 (56) 69 183 (96)
−Removed: ______________________________
−Removed: (1) Amounts exclude discontinued operations for all periods presented.
−Removed: Refer to Note C to the consolidated financial statements for further details.
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.