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Condensed Consolidated Statements of Changes in Common Shareholders' Equity - USD ($)
$ in Millions
Common Shares [Member]
Paid-in-Surplus [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income/(Loss) (Note 9) [Member]
[1]
Total
Shareholders' equity, beginning balance at Dec. 31, 2019 $ 2,780 $ 4,523 $ 48,605 $ (36,424) $ (1,356) $ 18,128
Common shares, beginning balance at Dec. 31, 2019 1,112,000,000.0     (419,900,000)    
Net income     3,969     3,969
Other comprehensive income/(loss)         5 5 [2]
Conversion, stock option exercises, forfeitures, and other $ 1 16   $ 10   27
Conversion, stock option exercises, forfeitures, and other (shares) 200,000     1,000,000.0    
Share repurchases (Note 16)   310   $ (3,266)   $ (2,956)
Share repurchases (Note 16) (shares)       (18,300,000)   (18,351,368)
Cash dividends declared     (1,974)     $ (1,974)
Shareholders' equity, ending balance at Sep. 30, 2020 $ 2,781 4,849 50,600 $ (39,680) (1,351) 17,199
Common shares, ending balance at Sep. 30, 2020 1,112,200,000     (437,200,000)    
Shareholders' equity, beginning balance at Jun. 30, 2020 $ 2,781 4,135 49,892 $ (38,984) (1,372) 16,452
Common shares, beginning balance at Jun. 30, 2020 1,112,300,000     (433,600,000)    
Net income     1,363     1,363
Other comprehensive income/(loss)         21 21 [3]
Conversion, stock option exercises, forfeitures, and other   4   $ 14   $ 18
Conversion, stock option exercises, forfeitures, and other (shares) (100,000)     400,000    
Share repurchases (Note 16)   710   $ (710)    
Share repurchases (Note 16) (shares)       (4,000,000.0)   (4,045,575) [4]
Cash dividends declared     (655)     $ (655)
Shareholders' equity, ending balance at Sep. 30, 2020 $ 2,781 4,849 50,600 $ (39,680) (1,351) 17,199
Common shares, ending balance at Sep. 30, 2020 1,112,200,000     (437,200,000)    
Shareholders' equity, beginning balance at Dec. 31, 2020 $ 2,781 4,864 51,326 $ (40,420) (1,593) $ 16,958
Common shares, beginning balance at Dec. 31, 2020 1,112,200,000     (440,900,000)   671,351,360
Net income     4,812     $ 4,812
Other comprehensive income/(loss)         60 60 [2]
Conversion, stock option exercises, forfeitures, and other   57       57
Conversion, stock option exercises, forfeitures, and other (shares) 200,000     400,000    
Share repurchases (Note 16)   26   $ (5,952)   $ (5,926)
Share repurchases (Note 16) (shares)       (27,500,000)   (27,500,069)
Cash dividends declared     (2,044)     $ (2,044)
Shareholders' equity, ending balance at Sep. 30, 2021 $ 2,781 4,947 54,094 $ (46,372) (1,533) $ 13,917
Common shares, ending balance at Sep. 30, 2021 1,112,400,000     (468,000,000.0)   644,407,285
Shareholders' equity, beginning balance at Jun. 30, 2021 $ 2,781 4,499 53,116 $ (44,542) (1,551) $ 14,303
Common shares, beginning balance at Jun. 30, 2021 1,112,500,000     (459,500,000)    
Net income     1,673     1,673
Other comprehensive income/(loss)         18 18 [3]
Conversion, stock option exercises, forfeitures, and other   22   $ 5   27
Conversion, stock option exercises, forfeitures, and other (shares) (100,000)     100,000    
Share repurchases (Note 16)   426   $ (1,835)   $ (1,409)
Share repurchases (Note 16) (shares)       (8,600,000)   (8,604,239) [4]
Cash dividends declared     (695)     $ (695)
Shareholders' equity, ending balance at Sep. 30, 2021 $ 2,781 $ 4,947 $ 54,094 $ (46,372) $ (1,533) $ 13,917
Common shares, ending balance at Sep. 30, 2021 1,112,400,000     (468,000,000.0)   644,407,285
[1] AOCI = Accumulated Other Comprehensive Income/Loss (Note 9)
[2] Net of deferred taxes of ($26) million and ($18) million during the nine months ended September 30, 2021 and 2020, respectively.
[3] Net of deferred taxes of ($8) million and ($6) million during the three months ended September 30, 2021 and 2020, respectively.
[4] Includes an incremental 1,983,859 and 4,045,575 shares received upon final settlement in September 2021 and July 2020, respectively, under accelerated share repurchase programs.