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CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY - USD ($)
shares in Thousands, $ in Millions
Total
Common Shares Outstanding
Common Stock and Other Capital
Retained Earnings
Accumulated Other Comprehensive (Loss) Income
Non- controlling Minority Interest
Stockholders' Equity, beginning balance (in shares) at Dec. 31, 2021   2,201,787        
Shareholders' Equity, beginning balance at Dec. 31, 2021 $ 13,451 [1]   $ 2,268 $ 11,549 [1] $ (376) [1],[2] $ 10
Comprehensive Earnings:            
Net Earnings 4,114 [3],[4]     4,114 [1]    
Other Comprehensive Income (Note 16) [1] (34)       (34) [2]  
Total Comprehensive Earnings [1] 4,080          
Common stock dividends [1] $ (852)     (852)    
Share Repurchases (in shares) (151,000) (151,419)        
Share Repurchases $ (4,731) [1]   (151) (4,580) [1]    
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 [1]   422      
Other (in shares)   2,826        
Other 99 [1]   101 (2) [1]   0
Stockholders' Equity, ending balance (in shares) at Dec. 31, 2022   2,066,367        
Shareholders' Equity, ending balance at Dec. 31, 2022 12,469 [1]   2,640 10,229 [1] (410) [1],[2] 10
Comprehensive Earnings:            
Associated tax of accumulated other comprehensive loss balances         129  
Net Earnings 974     974    
Total Comprehensive Earnings 976          
Excise Tax on Net Share Repurchases (10)     (10)    
Shareholders' Equity, ending balance at Mar. 31, 2023 12,155     9,935 (408)  
Stockholders' Equity, beginning balance (in shares) at Dec. 31, 2022   2,066,367        
Shareholders' Equity, beginning balance at Dec. 31, 2022 12,469 [1]   2,640 10,229 [1] (410) [1],[2] 10
Comprehensive Earnings:            
Net Earnings 1,958          
Total Comprehensive Earnings 1,956          
Shareholders' Equity, ending balance at Jun. 30, 2023 12,074     9,852 (412)  
Stockholders' Equity, beginning balance (in shares) at Dec. 31, 2022   2,066,367        
Shareholders' Equity, beginning balance at Dec. 31, 2022 12,469 [1]   2,640 10,229 [1] (410) [1],[2] 10
Comprehensive Earnings:            
Net Earnings 2,786          
Total Comprehensive Earnings 2,802          
Shareholders' Equity, ending balance at Sep. 30, 2023 11,756     9,513 (394)  
Stockholders' Equity, beginning balance (in shares) at Dec. 31, 2022   2,066,367        
Shareholders' Equity, beginning balance at Dec. 31, 2022 12,469 [1]   2,640 10,229 [1] (410) [1],[2] 10
Comprehensive Earnings:            
Net Earnings [1] 3,668 [3]     3,668    
Other Comprehensive Income (Note 16) [1] 131       131 [2]  
Total Comprehensive Earnings [4] 3,799          
Common stock dividends [1] $ (882)     (882)    
Share Repurchases (in shares) (112,000) (112,484)        
Share Repurchases $ (3,482) [1]   (112) (3,370) [1]    
Excise Tax on Net Share Repurchases [1] (33)     (33)    
Other (in shares)   4,874        
Other 114 [1]   122 (3) [1]   (5)
Stockholders' Equity, ending balance (in shares) at Dec. 31, 2023   1,958,757        
Shareholders' Equity, ending balance at Dec. 31, 2023 11,985 [5]   2,650 9,609 [1] (279) [1],[2] 5
Shareholders' Equity, beginning balance at Mar. 31, 2023 12,155     9,935 (408)  
Comprehensive Earnings:            
Net Earnings 984     984    
Total Comprehensive Earnings 980          
Excise Tax on Net Share Repurchases (9)     (9)    
Shareholders' Equity, ending balance at Jun. 30, 2023 12,074     9,852 (412)  
Comprehensive Earnings:            
Net Earnings 828     828    
Total Comprehensive Earnings 846          
Excise Tax on Net Share Repurchases (9)     (9)    
Shareholders' Equity, ending balance at Sep. 30, 2023 11,756     9,513 (394)  
Comprehensive Earnings:            
Net Earnings 882          
Total Comprehensive Earnings 997          
Stockholders' Equity, ending balance (in shares) at Dec. 31, 2023   1,958,757        
Shareholders' Equity, ending balance at Dec. 31, 2023 11,985 [5]   2,650 9,609 [1] (279) [1],[2] 5
Comprehensive Earnings:            
Associated tax of accumulated other comprehensive loss balances         74  
Net Earnings 880     880    
Total Comprehensive Earnings 886          
Shareholders' Equity, ending balance at Mar. 31, 2024 12,441     10,011 (273)  
Stockholders' Equity, beginning balance (in shares) at Dec. 31, 2023   1,958,757        
Shareholders' Equity, beginning balance at Dec. 31, 2023 11,985 [5]   2,650 9,609 [1] (279) [1],[2] 5
Comprehensive Earnings:            
Net Earnings [1] 3,470 [3]     3,470    
Other Comprehensive Income (Note 16) 47 [4]       47 [1],[2]  
Total Comprehensive Earnings [1] 3,517          
Common stock dividends [1] $ (930)     (930)    
Share Repurchases (in shares) (65,000) (64,556)        
Share Repurchases $ (2,204) [1]   (65) (2,139) [1]    
Excise Tax on Net Share Repurchases [1] (20)     (20)    
Other (in shares)   5,989        
Other $ 159 [1]   161 (2) [1]   0
Stockholders' Equity, ending balance (in shares) at Dec. 31, 2024 1,900,000 1,900,190        
Shareholders' Equity, ending balance at Dec. 31, 2024 $ 12,507 [1]   $ 2,746 $ 9,988 [1] (232) [1],[2] $ 5
Comprehensive Earnings:            
Associated tax of accumulated other comprehensive loss balances         $ 61  
[1] See Note 20, Revision of Prior Period Financial Statements.
[2] Accumulated Other Comprehensive Loss year-end balances shown above are net of tax. The associated taxes were $61 million, $74 million, and $129 million for 2024, 2023 and 2022, respectively. For additional information see Note 16, Other Comprehensive Income (Loss).
[3] See Note 20, Revision of Prior Period Financial Statements
[4] See Note 20, Revision of Prior Period Financial Statements.
[5] See Note 20, Revision of Prior Period Financial Statements.