TIME WARNER INC. | 2013 | FY | 3


For the years ended December 31, 2013, 2012 and 2011, the number of shares repurchased pursuant to trading plans under Rule 10b5-1 of the Securities Exchange Act of 1934, as amended, and their cost are as follows (millions):

   Total Number of Shares Repurchased Total Cost of Shares Repurchased
 2013  60 $ 3,700
 2012  80 $ 3,302
 2011  136 $ 4,618

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