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Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Unearned Compensation
Treasury Stock
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling Interests
Beginning balance at Dec. 31, 2021   $ 1,466 $ 3,269 $ (1) $ (24,089) $ 24,350 $ (4,386) $ 362
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income $ 1,967         1,785   182
Other comprehensive income (loss), net of tax 327           331 (4)
Dividends [1]           (1,562)   (135)
Stock-based compensation expense     125         0
Shares issued for stock options     190   226      
Shares issued for restricted stock awards     (40)   40      
Treasury stock acquired         (1,308)      
Other     2   3      
Ending balance at Dec. 31, 2022   1,466 3,546 (1) (25,128) 24,573 (4,055) 405
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,455         2,300   155
Other comprehensive income (loss), net of tax 75           117 (42)
Dividends [1]           (1,584)   (170)
Stock-based compensation expense     122          
Shares issued for stock options     170   212      
Shares issued for restricted stock awards     (34)   34      
Treasury stock acquired         (1,128)      
Other     4 1 (7)   1  
Ending balance at Dec. 31, 2023 957 1,466 3,808 0 (26,017) 25,289 (3,937) 348
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 3,049         2,889   160
Other comprehensive income (loss), net of tax (292)           (284) (8)
Dividends [1]           (2,034)   (168)
Stock-based compensation expense     135          
Shares issued for stock options     284   354      
Shares issued for restricted stock awards     (52)   52      
Treasury stock acquired         (1,739)      
Other     6   (8) 1 (1)  
Ending balance at Dec. 31, 2024 $ 544 $ 1,466 $ 4,181 $ 0 $ (27,358) $ 26,145 $ (4,222) $ 332
[1]
* Five dividends were declared in 2024. Four dividends were declared in 2023 and 2022.