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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2022
Earnings Per Share [Abstract]  
Schedule of Computation of Basic Earnings Per Share, Assuming Dilution The following table sets forth the computation of basic earnings per share and earnings per share, assuming dilution.
Second QuartersSix Months
2022202120222021
Numerator (Dollars in millions):
Net Earnings
$1,178 $1,173 $2,037 $1,879 
Denominator (Units in millions):
Average Common Shares Outstanding2,158 2,270 2,173 2,276 
Other Potentially Dilutive Common Shares5 5 
Average Common Shares Outstanding, Assuming Dilution
2,163 2,275 2,178 2,281 
Net Earnings Per Share, Basic
$0.55 $0.52 $0.94 $0.83 
Net Earnings Per Share, Assuming Dilution
$0.54 $0.52 $0.94 $0.82 
Schedule of Total Average Outstanding Stock Options Excluded from Diluted Earnings Per Share Calculation The total average outstanding stock options that were excluded from the diluted earnings per share calculation because their effect was antidilutive is in the table below.
Second QuartersSix Months
2022202120222021
Antidilutive Stock Options Excluded from Diluted EPS (Millions)
3232
Schedule of Share Repurchased by the Company
During second quarters and six months ended 2022 and 2021, the Company engaged in the following repurchase activities:
Second QuartersSix Months
2022202120222021
Shares Repurchased (Millions) (a)
47 22 76 40 
Cost of Shares (Dollars in millions)
$1,499 $701 $2,515 $1,252 
(a) For second quarter and six months 2021, shares repurchased includes 3 million shares that were purchased in June 2021, but were not retired until July 1st, 2021, due to timing of the stock split that occurred on June 28, 2021. These shares are reflected as outstanding as of June 30, 2021, on the consolidated statement of changes in shareholder's equity.