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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 3,024 3,030     3,030     (6)
Distributions from (to) noncontrolling interest holders, net 7             7
Acquisition (5)             (5)
Other comprehensive income (loss) (199) (199)       (199)    
Common stock repurchases (1,011) (1,011)         (1,011)  
Dividends and dividend equivalents (331) (331)     (331)      
Stock-based compensation 142 142   142        
Restricted stock unit vesting (in shares)     23          
Restricted stock unit vesting 0     (30)     30  
Stock option exercises 7 7   4     3  
Ending balance (in shares) at Sep. 30, 2023     198,690          
Ending balance at Sep. 30, 2023 17,004 16,949 $ 33 3,362 28,191 (1,503) (13,134) 55
Beginning balance (in shares) at Jun. 30, 2023     198,690          
Beginning balance at Jun. 30, 2023 16,891 16,834 $ 33 3,313 27,468 (1,226) (12,754) 57
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 830 832     832     (2)
Other comprehensive income (loss) (277) (277)       (277)    
Common stock repurchases (383) (383)         (383)  
Dividends and dividend equivalents (109) (109)     (109)      
Stock-based compensation 53 53   53        
Restricted stock unit vesting 0     (3)     3  
Stock option exercises (1) (1)   (1)        
Ending balance (in shares) at Sep. 30, 2023     198,690          
Ending balance at Sep. 30, 2023 17,004 16,949 $ 33 3,362 28,191 (1,503) (13,134) 55
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 1,897 1,900     1,900     (3)
Distributions from (to) noncontrolling interest holders, net 6             6
Other comprehensive income (loss) 346 346       346    
Common stock repurchases (774) (774)         (774)  
Dividends and dividend equivalents (322) (322)     (322)      
Stock-based compensation 153 153   153        
Restricted stock unit vesting (in shares)     29          
Restricted stock unit vesting 0     (28)     28  
Ending balance (in shares) at Sep. 30, 2024     198,719          
Ending balance at Sep. 30, 2024 17,624 17,565 $ 33 3,471 29,118 (653) (14,404) 59
Beginning balance (in shares) at Jun. 30, 2024     198,719          
Beginning balance at Jun. 30, 2024 16,728 16,671 $ 33 3,420 28,745 (1,122) (14,405) 57
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 480 480     480      
Distributions from (to) noncontrolling interest holders, net 2             2
Other comprehensive income (loss) 469 469       469    
Common stock repurchases (1) (1)         (1)  
Dividends and dividend equivalents (107) (107)     (107)      
Stock-based compensation 53 53   53        
Restricted stock unit vesting 0     (2)     2  
Ending balance (in shares) at Sep. 30, 2024     198,719          
Ending balance at Sep. 30, 2024 $ 17,624 $ 17,565 $ 33 $ 3,471 $ 29,118 $ (653) $ (14,404) $ 59