Share-Based Compensation Plans (Tables)

12 Months Ended

Dec. 31, 2024

Share-Based Payment Arrangement [Abstract]

Schedule of Share-based Compensation Expense Recognized in Continuing Operations

The following table summarizes share-based compensation expense recognized in the Consolidated Statements of Income in Compensation and benefits (in millions):

	Years Ended December 31
	2024		2023		2022
Restricted share units	$	309	$	283	$	251
Performance share awards	155		143		134
Employee share purchase plans and other	10		12		12
Total share-based compensation expense	474		438		397
Tax benefit	101		91		83
Share-based compensation expense, net of tax	$	373	$	347	$	314

Schedule of Restricted Share Unit Activity

The following table summarizes the status of the Company’s RSUs (shares in thousands, except fair value):

	Shares	Fair Value (1)
Non-vested balance at December 31, 2023	2,674	$	271
Granted	1,349	$	300
Vested	(1,060)	$	259
Forfeited	(177)	$	273
Non-vested balance at December 31, 2024	2,786	$	289

(1)Represents per share weighted average fair value of award at date of grant.

Schedule of Performance-based Plans Information

The following table summarizes the status of the Company's LPPs at 100% of the targeted amount (shares in thousands, except fair value):

	Shares	Fair Value (1)
Non-vested balance at December 31, 2023	977	$	275
Granted	315	$	319
Vested	(359)	$	226
Forfeited	(29)	$	306
Non-vested balance at December 31, 2024	904	$	309

(1)Represents per share weighted average fair value of award at date of grant.