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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Total Stockholders' Equity
Common Stock
Capital In Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2022     198,667          
Beginning balance at Dec. 31, 2022 $ 15,370 $ 15,311 $ 33 $ 3,246 $ 25,492 $ (1,304) $ (12,156) $ 59
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,194 2,198     2,198     (4)
Distributions from (to) noncontrolling interest holders, net 7             7
Acquisition (5)             (5)
Other comprehensive income (loss) 78 78       78    
Common stock repurchases (628) (628)         (628)  
Dividends and dividend equivalents (222) (222)     (222)      
Stock-based compensation 89 89   89        
Restricted stock unit vesting (in shares)     23          
Restricted stock unit vesting 0     (27)     27  
Stock option exercises 8 8   5     3  
Ending balance (in shares) at Jun. 30, 2023     198,690          
Ending balance at Jun. 30, 2023 16,891 16,834 $ 33 3,313 27,468 (1,226) (12,754) 57
Beginning balance (in shares) at Mar. 31, 2023     198,667          
Beginning balance at Mar. 31, 2023 16,634 16,577 $ 33 3,262 26,619 (1,113) (12,224) 57
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 956 959     959     (3)
Distributions from (to) noncontrolling interest holders, net 3             3
Other comprehensive income (loss) (113) (113)       (113)    
Common stock repurchases (534) (534)         (534)  
Dividends and dividend equivalents (110) (110)     (110)      
Stock-based compensation $ 51 51   51        
Restricted stock unit vesting (in shares) 23              
Restricted stock unit vesting $ 0     (3)     3  
Stock option exercises 4 4   3     1  
Ending balance (in shares) at Jun. 30, 2023     198,690          
Ending balance at Jun. 30, 2023 16,891 16,834 $ 33 3,313 27,468 (1,226) (12,754) 57
Beginning balance (in shares) at Dec. 31, 2023     198,690          
Beginning balance at Dec. 31, 2023 16,318 16,262 $ 33 3,346 27,540 (999) (13,658) 56
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,417 1,420     1,420     (3)
Distributions from (to) noncontrolling interest holders, net 4             4
Other comprehensive income (loss) (123) (123)       (123)    
Common stock repurchases (773) (773)         (773)  
Dividends and dividend equivalents (215) (215)     (215)      
Stock-based compensation 100 100   100        
Restricted stock unit vesting (in shares)     29          
Restricted stock unit vesting 0     (26)     26  
Stock option exercises 0 0   0     0  
Ending balance (in shares) at Jun. 30, 2024     198,719          
Ending balance at Jun. 30, 2024 16,728 16,671 $ 33 3,420 28,745 (1,122) (14,405) 57
Beginning balance (in shares) at Mar. 31, 2024     198,691          
Beginning balance at Mar. 31, 2024 16,186 16,130 $ 33 3,369 28,173 (1,086) (14,359) 56
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 678 679     679     (1)
Distributions from (to) noncontrolling interest holders, net 2             2
Other comprehensive income (loss) (36) (36)       (36)    
Common stock repurchases (50) (50)         (50)  
Dividends and dividend equivalents (107) (107)     (107)      
Stock-based compensation 55 55   55        
Restricted stock unit vesting (in shares)     28          
Restricted stock unit vesting 0     (4)     4  
Ending balance (in shares) at Jun. 30, 2024     198,719          
Ending balance at Jun. 30, 2024 $ 16,728 $ 16,671 $ 33 $ 3,420 $ 28,745 $ (1,122) $ (14,405) $ 57