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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Shares Outstanding (Thousands)
Common Stock and Other Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Minority Interest
Beginning Balance (in shares) at Dec. 31, 2021   2,201,787        
Beginning Balance at Dec. 31, 2021 $ 13,500   $ 2,268 $ 11,630 $ (408) [1] $ 10
Comprehensive Earnings:            
Net Earnings 859     859    
Other Comprehensive Income 31       31 [1]  
Total Comprehensive Earnings (Note 10) 890          
Common stock dividends, per share (218)     (218)    
Share Repurchases (in shares)   (29,365)        
Share Repurchases (1,016)   (29) (987)    
Stock Option Exercises and Other (in shares)   1,831        
Stock Option Exercises and Other 39   38     1
Ending balance (in shares) at Mar. 31, 2022   2,174,253        
Ending Balance at Mar. 31, 2022 13,195   2,277 11,284 (377) [1] 11
Beginning Balance (in shares) at Dec. 31, 2021   2,201,787        
Beginning Balance at Dec. 31, 2021 13,500   2,268 11,630 (408) [1] 10
Comprehensive Earnings:            
Net Earnings 2,037          
Total Comprehensive Earnings (Note 10) $ 2,107          
Share Repurchases (in shares) (76,000)          
Ending balance (in shares) at Jun. 30, 2022   2,141,232        
Ending Balance at Jun. 30, 2022 $ 13,141   2,675 10,794 (338) [1] 10
Comprehensive Earnings:            
Associated tax of accumulated other comprehensive loss balances         99  
Beginning Balance (in shares) at Mar. 31, 2022   2,174,253        
Beginning Balance at Mar. 31, 2022 13,195   2,277 11,284 (377) [1] 11
Comprehensive Earnings:            
Net Earnings 1,178     1,178    
Other Comprehensive Income 39       39 [1]  
Total Comprehensive Earnings (Note 10) 1,217          
Common stock dividends, per share $ (215)     (215)    
Share Repurchases (in shares) (47,000) (46,508)        
Share Repurchases $ (1,499)   (47) (1,452)    
Issuance of common stock for acquisition of Pan Am Systems, Inc. 422          
Stock Option Exercises and Other (in shares)   314        
Stock Option Exercises and Other 21   23 (1)   (1)
Ending balance (in shares) at Jun. 30, 2022   2,141,232        
Ending Balance at Jun. 30, 2022 13,141   2,675 10,794 (338) [1] 10
Comprehensive Earnings:            
Issuance of common stock for acquisition of Pan Am Systems, Inc. (in shares)   13,173        
Issuance of common stock for acquisition of Pan Am Systems, Inc.     422      
Associated tax of accumulated other comprehensive loss balances         88  
Beginning Balance (in shares) at Dec. 31, 2022   2,066,367        
Beginning Balance at Dec. 31, 2022 12,625   2,640 10,363 (388) [1] 10
Comprehensive Earnings:            
Net Earnings 987     987    
Other Comprehensive Income 2       2 [1]  
Total Comprehensive Earnings (Note 10) 989          
Common stock dividends, per share (226)     (226)    
Share Repurchases (in shares)   (35,157)        
Share Repurchases (1,067)   (35) (1,032)    
Stock Option Exercises and Other (in shares)   1,865        
Stock Option Exercises and Other 13   15     (2)
Ending balance (in shares) at Mar. 31, 2023   2,033,075        
Ending Balance at Mar. 31, 2023 12,334   2,620 10,092 (386) [1] 8
Beginning Balance (in shares) at Dec. 31, 2022   2,066,367        
Beginning Balance at Dec. 31, 2022 12,625   2,640 10,363 (388) [1] 10
Comprehensive Earnings:            
Net Earnings 1,983          
Other Comprehensive Income (2)          
Total Comprehensive Earnings (Note 10) $ 1,981          
Share Repurchases (in shares) (63,000)          
Ending balance (in shares) at Jun. 30, 2023   2,006,353        
Ending Balance at Jun. 30, 2023 $ 12,274   2,630 10,030 (390) 4
Comprehensive Earnings:            
Associated tax of accumulated other comprehensive loss balances         121  
Beginning Balance (in shares) at Mar. 31, 2023   2,033,075        
Beginning Balance at Mar. 31, 2023 12,334   2,620 10,092 (386) [1] 8
Comprehensive Earnings:            
Net Earnings 996     996    
Other Comprehensive Income (4)       (4)  
Total Comprehensive Earnings (Note 10) 992          
Common stock dividends, per share $ (222)     (222)    
Share Repurchases (in shares) (28,000) (27,434)        
Share Repurchases $ (863)   (28) (835)    
Stock Option Exercises and Other (in shares)   712        
Stock Option Exercises and Other 33   38 (1)   (4)
Ending balance (in shares) at Jun. 30, 2023   2,006,353        
Ending Balance at Jun. 30, 2023 $ 12,274   $ 2,630 $ 10,030 (390) $ 4
Comprehensive Earnings:            
Associated tax of accumulated other comprehensive loss balances         $ 107  
[1] Accumulated Other Comprehensive Loss balances shown above are net of tax. The associated taxes were $99 million and $88 million as of first and second quarters 2022, respectively. For additional information, see Note 10, Other Comprehensive Income.