Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2023

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.

	First Quarters
	2023		2022
Numerator (Dollars in millions):
Net Earnings	$	987	$	859
Denominator (Units in millions):
Average Common Shares Outstanding	2,054		2,188
Other Potentially Dilutive Common Shares	4		5
Average Common Shares Outstanding, Assuming Dilution	2,058		2,193
Net Earnings Per Share, Basic	$	0.48	$	0.39
Net Earnings Per Share, Assuming Dilution	$	0.48	$	0.39

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.

	First Quarters
	2023	2022
Antidilutive Stock Options Excluded from Diluted EPS (Units in millions)	4	1

Schedule of Share Repurchased by the Company

During first quarters 2023 and 2022, the Company engaged in the following repurchase activities:

	First Quarters
	2023		2022
Shares Repurchased (Millions)	35		29
Cost of Shares (Dollars in millions)	$	1,067	$	1,016