SHAREHOLDERS' EQUITY (Details) - USD ($) |
3 Months Ended | ||
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Mar. 31, 2016 |
Mar. 31, 2015 |
Mar. 11, 2015 |
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Equity, Class of Treasury Stock [Line Items] | |||
Depositary shares issued (in shares) | 16,000,000 | ||
Purchase of common stock shares | 4,900,000 | ||
Purchase of common stock, average price per share (in usd per share) | $ 10.45 | ||
2015 Share Repurchase Program | |||
Equity, Class of Treasury Stock [Line Items] | |||
Stock repurchase program authorized amount | $ 366,000,000 | ||
Series D Preferred Stock | |||
Equity, Class of Treasury Stock [Line Items] | |||
Preferred stock | $ 400,000,000 | ||
Preferred Stock, fixed rate | 6.25% | ||
Preferred Stock, par value (in dollars per share) | $ 0.01 | ||
Preferred Stock, liquidation value per share (in dollars per share) | 1,000 | ||
Depositary shares, liquidation value per share (in dollars per share) | $ 25 | ||
Stock issuance costs | $ 14,000,000 | ||
Preferred stock redemption period | 90 days |
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- Definition Common Stock Repurchased And Retired Average Cost Per Share No definition available.
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- Definition Depositary Shares, Issued No definition available.
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- Definition Depositary Shares, Liquidation Preference Per Share No definition available.
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- Definition Preferred Stock, Redemption Period No definition available.
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- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. No definition available.
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- Definition The cash outflow for cost incurred directly with the issuance of an equity security. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The percentage rate used to calculate dividend payments on preferred stock. No definition available.
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- Definition The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of stock repurchase plan authorized. No definition available.
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- Definition Number of shares that have been repurchased and retired during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Details
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