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EARNINGS PER SHARE (Tables)
 12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Reconciliation of the Earnings (Losses) and Number of Shares Used in Calculations of Basic and Diluted Earnings Per Share
The table below illustrates the reconciliation of the earnings and number of shares used in our calculations of basic and diluted earnings per share, the latter of which uses the treasury stock method to calculate the dilutive effect of the Company’s potential common stock:
(in millions, except per share amounts)202420232022
Computation of Basic Earnings Per Share
Net income$2,375 $3,083 $2,358 
Shares for basic earnings per share284.2 301.5 324.4 
Basic earnings per share$8.36 $10.23 $7.27 
Computation of Diluted Earnings Per Share
Net income$2,375 $3,083 $2,358 
Shares for basic earnings per share284.2 301.5 324.4 
Effect of dilutive securities
Stock-based compensation1.0 1.4 1.4 
Shares for diluted earnings per share285.2 302.9 325.8 
Diluted earnings per share
$8.33 $10.18 $7.24