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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 (Loss) Income
[1]
Non-controlling Minority Interest
Beginning Balance (in shares) at Dec. 31, 2024   1,900,190        
Beginning Balance at Dec. 31, 2024 $ 12,507   $ 2,746 $ 9,988 $ (232) $ 5
Comprehensive Earnings:            
Net Earnings 646     646    
Other Comprehensive Income 5       5  
Total Comprehensive Earnings (Note 10) 651          
Common stock dividends $ (245)     (245)    
Share Repurchases (in shares) (24,000) (23,707)        
Share Repurchases $ (751)   (24) (727)    
Excise Tax on Net Share Repurchases (7)     (7)    
Stock Option Exercises and Other (in shares)   1,894        
Stock Option Exercises and Other 20   20      
Ending Balance (in shares) at Mar. 31, 2025   1,878,377        
Ending Balance at Mar. 31, 2025 12,175   2,742 9,655 (227) 5
Beginning Balance (in shares) at Dec. 31, 2025   1,859,659        
Beginning Balance at Dec. 31, 2025 13,160   2,808 10,560 (213) 5
Comprehensive Earnings:            
Net Earnings 807     807    
Other Comprehensive Income 1       1  
Total Comprehensive Earnings (Note 10) 808          
Common stock dividends $ (260)     (260)    
Share Repurchases (in shares) (6,000) (5,686)        
Share Repurchases $ (222)   (6) (216)    
Excise Tax on Net Share Repurchases (1)     (1)    
Stock Option Exercises and Other (in shares)   3,858        
Stock Option Exercises and Other 96   94 1   1
Ending Balance (in shares) at Mar. 31, 2026   1,857,831        
Ending Balance at Mar. 31, 2026 $ 13,581   $ 2,896 $ 10,891 $ (212) $ 6
[1] Accumulated Other Comprehensive Loss balances shown above are net of tax. The associated taxes were $58 million as of December 31, 2025, $57 million as of March 31, 2026, $61 million as of December 31, 2024, and $59 million as of March 31, 2025. For additional information, see Note 10, Other Comprehensive Income.