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Condensed Consolidated Statements of Changes in Common Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Common Stock [Member]
Treasury Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
[1]
Total
Balance (in shares) at Dec. 31, 2020 1,112,200,000 (440,900,000)        
Balance at Dec. 31, 2020 $ 2,781 $ (40,420) $ 4,864 $ 51,326 $ (1,593) $ 16,958
Share repurchase programs (Note 16) (in shares) [2]           (6,691,421)
Balance (in shares) at Mar. 31, 2021 1,112,500,000 (447,400,000)        
Balance at Mar. 31, 2021 $ 2,781 $ (41,826) 4,874 52,019 (1,594) $ 16,254
Balance (in shares) at Dec. 31, 2020 1,112,200,000 (440,900,000)        
Balance at Dec. 31, 2020 $ 2,781 $ (40,420) 4,864 51,326 (1,593) 16,958
Net income 0 0 0 3,139 0 3,139
Other comprehensive income/(loss) $ 0 $ 0 0 0 42 42 [3]
Conversion, stock option exercises, forfeitures, ESPP, and other [b] (in shares) [4] 300,000 300,000        
Conversion, stock option exercises, forfeitures, ESPP, and other [b] [4] $ 0 $ (5) 35 0 0 $ 30
Share repurchase programs (Note 16) (in shares) 0 (18,900,000)       (18,895,830) [5]
Share repurchase programs (Note 16) $ 0 $ (4,117) (400) 0 0 $ (4,517)
Dividends declared $ 0 $ 0 0 (1,349) 0 (1,349)
Balance (in shares) at Jun. 30, 2021 1,112,500,000 (459,500,000)        
Balance at Jun. 30, 2021 $ 2,781 $ (44,542) 4,499 53,116 (1,551) 14,303
Balance (in shares) at Mar. 31, 2021 1,112,500,000 (447,400,000)        
Balance at Mar. 31, 2021 $ 2,781 $ (41,826) 4,874 52,019 (1,594) 16,254
Net income 0 0 0 1,798 0 1,798
Other comprehensive income/(loss) $ 0 $ 0 0 0 43 43 [6]
Conversion, stock option exercises, forfeitures, ESPP, and other [b] (in shares) [4] 0 100,000        
Conversion, stock option exercises, forfeitures, ESPP, and other [b] [4] $ 0 $ (1) 25 0 0 $ 24
Share repurchase programs (Note 16) (in shares) 0 (12,200,000)       (12,204,409)
Share repurchase programs (Note 16) $ 0 $ (2,715) (400) 0 0 $ (3,115)
Dividends declared $ 0 $ 0 0 (701) 0 (701)
Balance (in shares) at Jun. 30, 2021 1,112,500,000 (459,500,000)        
Balance at Jun. 30, 2021 $ 2,781 $ (44,542) 4,499 53,116 (1,551) 14,303
Balance (in shares) at Dec. 31, 2021 1,112,400,000 (473,600,000)        
Balance at Dec. 31, 2021 $ 2,781 $ (47,734) 4,979 55,049 (914) $ 14,161
Share repurchase programs (Note 16) (in shares) [2]           (11,014,201)
Balance (in shares) at Mar. 31, 2022 1,112,600,000 (484,400,000)        
Balance at Mar. 31, 2022 $ 2,782 $ (50,515) 4,571 55,937 (878) $ 11,897
Balance (in shares) at Dec. 31, 2021 1,112,400,000 (473,600,000)        
Balance at Dec. 31, 2021 $ 2,781 $ (47,734) 4,979 55,049 (914) 14,161
Net income 0 0 0 3,465 0 3,465
Other comprehensive income/(loss) $ 0 $ 0 0 0 73 73 [3]
Conversion, stock option exercises, forfeitures, ESPP, and other [b] (in shares) [4] 200,000 200,000        
Conversion, stock option exercises, forfeitures, ESPP, and other [b] [4] $ 0 $ (21) 63 0 0 $ 42
Share repurchase programs (Note 16) (in shares) 0 (14,100,000)       (14,114,884) [5]
Share repurchase programs (Note 16) $ 0 $ (3,463) (12) 0 0 $ (3,475)
Dividends declared $ 0 $ 0 0 (1,556) 0 (1,556)
Balance (in shares) at Jun. 30, 2022 1,112,600,000 (487,500,000)        
Balance at Jun. 30, 2022 $ 2,781 $ (51,218) 5,030 56,958 (841) 12,710
Balance (in shares) at Mar. 31, 2022 1,112,600,000 (484,400,000)        
Balance at Mar. 31, 2022 $ 2,782 $ (50,515) 4,571 55,937 (878) 11,897
Net income 0 0 0 1,835 0 1,835
Other comprehensive income/(loss) $ 0 $ 0 0 0 37 37 [6]
Conversion, stock option exercises, forfeitures, ESPP, and other [b] (in shares) [4] 0 0        
Conversion, stock option exercises, forfeitures, ESPP, and other [b] [4] $ (1) $ 7 31 0 0 $ 37
Share repurchase programs (Note 16) (in shares) 0 (3,100,000)       (3,100,683)
Share repurchase programs (Note 16) $ 0 $ (710) 428 0 0 $ (282)
Dividends declared $ 0 $ 0 0 (814) 0 (814)
Balance (in shares) at Jun. 30, 2022 1,112,600,000 (487,500,000)        
Balance at Jun. 30, 2022 $ 2,781 $ (51,218) $ 5,030 $ 56,958 $ (841) $ 12,710
[1] AOCI = Accumulated Other Comprehensive Income/Loss (Note 9)
[2] Includes 7,012,232 shares repurchased in 2022 under accelerated share repurchase programs.
[3] Net of deferred taxes of ($11) million and ($18) million during the six months ended June 30, 2022 and 2021, respectively.
[4] ESPP = employee stock purchase plan (Note 4)
[5] Includes 1,847,185 and 7,209,156 shares repurchased in 2022 and 2021, respectively, under accelerated share repurchase programs.
[6] Net of deferred taxes of ($6) million and ($10) million during the three months ended June 30, 2022 and 2021, respectively.