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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Preferred Stock
Common Stock and Additional Paid-in Capital
Right to Recover for Covered Losses
Accumulated Income
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Sep. 30, 2023   5        
Balance as of beginning of period at Sep. 30, 2023 $ 38,733 $ 1,698 [1] $ 20,452 $ (140) $ 18,040 $ (1,317)
Beginning balance (in shares) at Sep. 30, 2023     1,849      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 9,553       9,553  
Other comprehensive income (loss) 319         319
VE territory covered losses (60)     (60)    
Recovery through conversion rate adjustment 0 $ (25)   25    
Conversions to class A common stock (in shares)   0 [2] 2      
Conversions to class A common stock 0 $ (71) $ 71      
Share-based compensation 451   $ 451      
Stock issued under equity plans (in shares)     3      
Stock issued under equity plans 183   $ 183      
Shares withheld for taxes related to stock issued under equity plans (in shares)     (1)      
Shares withheld for taxes related to stock issued under equity plans (181)   $ (181)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (2,120)       (2,120)  
Repurchases of class A common stock (in shares)     (25)      
Repurchases of class A common stock (6,393)   $ (267)   (6,126)  
Ending balance (in shares) at Mar. 31, 2024   5        
Balance as of end of period at Mar. 31, 2024 40,485 $ 1,602 [1] $ 20,709 (175) 19,347 (998)
Ending balance (in shares) at Mar. 31, 2024     1,828      
Beginning balance (in shares) at Dec. 31, 2023   5        
Balance as of beginning of period at Dec. 31, 2023 39,733 $ 1,615 $ 20,490 (139) 18,422 (655)
Beginning balance (in shares) at Dec. 31, 2023     1,836      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 4,663       4,663  
Other comprehensive income (loss) (343)         (343)
VE territory covered losses (36)     (36)    
Conversions to class A common stock (in shares)   0 [3] 1      
Conversions to class A common stock 0 $ (13) $ 13      
Share-based compensation 242   $ 242      
Stock issued under equity plans (in shares)     1      
Stock issued under equity plans 79   $ 79      
Shares withheld for taxes related to stock issued under equity plans (in shares) [3]     0      
Shares withheld for taxes related to stock issued under equity plans (9)   $ (9)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (1,060)       (1,060)  
Repurchases of class A common stock (in shares)     (10)      
Repurchases of class A common stock (2,784)   $ (106)   (2,678)  
Ending balance (in shares) at Mar. 31, 2024   5        
Balance as of end of period at Mar. 31, 2024 $ 40,485 $ 1,602 [1] $ 20,709 (175) 19,347 (998)
Ending balance (in shares) at Mar. 31, 2024     1,828      
Beginning balance (in shares) at Sep. 30, 2024 5 5        
Balance as of beginning of period at Sep. 30, 2024 $ 39,137 $ 1,031 [4] $ 21,229 (104) 17,289 (308)
Beginning balance (in shares) at Sep. 30, 2024     1,868      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 9,696       9,696  
Other comprehensive income (loss) (519)         (519)
VE territory covered losses (24)     (24)    
Recovery through conversion rate adjustment 0 $ (8)   8    
Conversions to class A common stock (in shares)   0 [5] 4      
Conversions to class A common stock 0 $ (143) $ 143      
Share-based compensation 483   $ 483      
Stock issued under equity plans (in shares)     4      
Stock issued under equity plans 246   $ 246      
Shares withheld for taxes related to stock issued under equity plans (in shares)     (1)      
Shares withheld for taxes related to stock issued under equity plans (242)   $ (242)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (2,334)       (2,334)  
Repurchases of class A common stock (in shares)     (26)      
Repurchases of class A common stock $ (8,413)   $ (280)   (8,133)  
Ending balance (in shares) at Mar. 31, 2025 5 5        
Balance as of end of period at Mar. 31, 2025 $ 38,030 $ 880 [4] $ 21,579 (120) 16,518 (827)
Ending balance (in shares) at Mar. 31, 2025     1,849      
Beginning balance (in shares) at Dec. 31, 2024   5        
Balance as of beginning of period at Dec. 31, 2024 38,296 $ 904 $ 21,324 (123) 17,438 (1,247)
Beginning balance (in shares) at Dec. 31, 2024     1,860      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 4,577       4,577  
Other comprehensive income (loss) 420         420
VE territory covered losses 3     3    
Conversions to class A common stock (in shares)   0 [6] 1      
Conversions to class A common stock 0 $ (24) $ 24      
Share-based compensation 259   $ 259      
Stock issued under equity plans (in shares)     1      
Stock issued under equity plans 119   $ 119      
Shares withheld for taxes related to stock issued under equity plans (in shares) [6]     0      
Shares withheld for taxes related to stock issued under equity plans (7)   $ (7)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (1,164)       (1,164)  
Repurchases of class A common stock (in shares)     (13)      
Repurchases of class A common stock $ (4,473)   $ (140)   (4,333)  
Ending balance (in shares) at Mar. 31, 2025 5 5        
Balance as of end of period at Mar. 31, 2025 $ 38,030 $ 880 [4] $ 21,579 $ (120) $ 16,518 $ (827)
Ending balance (in shares) at Mar. 31, 2025     1,849      
[1] As of March 31, 2024 and September 30, 2023, the book value of series A preferred stock was $385 million and $456 million, respectively. See Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B and series C preferred stock.
[2] Increase or decrease is less than one million.
[3] Increase or decrease is less than one million.
[4] As of March 31, 2025 and September 30, 2024, the book value of series A convertible participating preferred stock (series A preferred stock) was $397 million and $540 million, respectively. See Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B convertible participating preferred stock (series B preferred stock) and series C convertible participating preferred stock (series C preferred stock).
[5] Increase or decrease is less than one million.
[6] Increase or decrease is less than one million.