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Note 4 - Stock-based Compensation (Tables)
6 Months Ended
Jun. 30, 2022
Notes Tables  
Share-Based Payment Arrangement, Cost by Plan [Table Text Block]
  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 

Millions

 

2022

  

2021

  

2022

  

2021

 

Stock-based compensation, before tax:

                

Stock options

 $3  $4  $7  $8 

Retention awards

  19   18   41   34 

ESPP

  4   -   8   - 

Total stock-based compensation, before tax

 $26  $22  $56  $42 

Excess tax benefits from equity compensation plans

 $1  $2  $18  $17 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

Weighted-Average Assumptions

 

2022

  

2021

 

Risk-free interest rate

  1.6%  0.4%

Dividend yield

  1.9%  1.9%

Expected life (years)

  4.4   4.6 

Volatility

  28.7%  28.3%

Weighted-average grant-date fair value of options granted

 $51.92  $39.97 
Share-Based Payment Arrangement, Option, Activity [Table Text Block]
 

Options (thous.)

Weighted-Average Exercise PriceWeighted-Average Remaining Contractual Term (in years)Aggregate Intrinsic Value (millions) 

Outstanding at January 1, 2022

  2,106  $149.84   6.3  $215 

Granted

  328   244.35   N/A   N/A 

Exercised

  (339)  127.62   N/A   N/A 

Forfeited or expired

  (25)  211.39   N/A   N/A 

Outstanding at June 30, 2022

  2,070  $167.71   6.5  $104 

Vested or expected to vest at June 30, 2022

  2,049  $167.17   6.4  $104 

Options exercisable at June 30, 2022

  1,390  $142.20   5.3  $99 
Cash Proceeds Received and Tax Benefit from Share-Based Payment Awards [Table Text Block]
  

Three Months Ended

  

Six Months Ended

 
  

June 30,

  

June 30,

 

Millions

 

2022

  

2021

  

2022

  

2021

 

Intrinsic value of stock options exercised

 $2  $9  $44  $32 

Cash received from option exercises

  2   4   17   34 

Treasury shares repurchased for employee payroll taxes

  -   (1)  (5)  (7)

Tax benefit realized from option exercises

  1   2   6   6 

Aggregate grant-date fair value of stock options vested

  -   -   13   14 
Share-Based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]
 

Shares (thous.)

Weighted-Average Grant-Date Fair Value 

Nonvested at January 1, 2022

  1,287  $165.10 

Granted

  234   244.27 

Vested

  (408)  125.98 

Forfeited

  (36)  190.72 

Nonvested at June 30, 2022

  1,077  $196.26 
Schedule of Nonvested Performance-Based Units Activity [Table Text Block]
 

Shares (thous.)

Weighted-Average Grant-Date Fair Value

 

Nonvested at January 1, 2022

  641  $173.03 

Granted

  209   244.35 

Vested

  (56)  162.64 

Unearned

  (163)  161.57 

Forfeited

  (21)  207.64 

Nonvested at June 30, 2022

  610  $200.29