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Consolidated Condensed Statements of Shareholders' Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Employee Benefit Trust
Accumulated Other Comprehensive Loss
Common Stock in Treasury
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2022   950,632            
Beginning balance (in shares) at Dec. 31, 2022 [1]             450  
Beginning balance at Dec. 31, 2022   $ 594.1 $ 6,921.4 $ 10,042.6 $ (3,013.2) $ (3,844.6) $ (50.5) [1] $ 125.6
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       3,050.7       4.6
Other comprehensive income, net of tax $ 59.7         59.7    
Cash dividends declared       (2,034.0)        
Retirement of treasury shares (in shares)   (2,299)         (2,299) [1]  
Retirement of treasury shares   $ (1.4)   (748.6)     $ 750.0 [1]  
Purchase of treasury shares (in shares) [1]             2,299  
Purchase of treasury shares [1]             $ (750.0)  
Issuance of stock under employee stock plans, net (in shares)   1,372         (48) [1]  
Issuance of stock under employee stock plans, net   $ 0.9 (269.7)       $ 8.8 [1]  
Stock-based compensation     508.3          
Other       (0.8)     $ (3.3) [1] (43.2)
Ending balance (in shares) at Sep. 30, 2023   949,705            
Ending balance (in shares) at Sep. 30, 2023 [2]             402  
Ending balance at Sep. 30, 2023   $ 593.6 7,160.0 10,309.9 (3,013.2) (3,784.9) $ (45.0) [2] 87.0
Beginning balance (in shares) at Jun. 30, 2023   949,688            
Beginning balance (in shares) at Jun. 30, 2023 [2]             402  
Beginning balance at Jun. 30, 2023   $ 593.6 6,948.6 10,368.5 (3,013.2) (3,788.7) $ (45.0) [2] 85.5
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       (57.4)       4.1
Other comprehensive income, net of tax 3.8         3.8    
Issuance of stock under employee stock plans, net (in shares)   17            
Issuance of stock under employee stock plans, net   (4.2)          
Stock-based compensation     215.6          
Other       (1.2)       (2.6)
Ending balance (in shares) at Sep. 30, 2023   949,705            
Ending balance (in shares) at Sep. 30, 2023 [2]             402  
Ending balance at Sep. 30, 2023   $ 593.6 7,160.0 10,309.9 (3,013.2) (3,784.9) $ (45.0) [2] 87.0
Beginning balance (in shares) at Dec. 31, 2023   949,781            
Beginning balance (in shares) at Dec. 31, 2023 [1]             402  
Beginning balance at Dec. 31, 2023 10,863.7 $ 593.6 7,250.4 10,312.3 (3,013.2) (4,327.0) $ (44.2) [1] 91.8
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       6,180.2       (3.2)
Other comprehensive income, net of tax 52.2         52.2    
Cash dividends declared       (2,342.9)        
Retirement of treasury shares (in shares)   (582)         (582) [1]  
Retirement of treasury shares   $ (0.3)   (520.8)     $ 521.1 [1]  
Purchase of treasury shares (in shares) [1]             582  
Purchase of treasury shares [1]             $ (521.1)  
Issuance of stock under employee stock plans, net (in shares)   1,016         (37) [1]  
Issuance of stock under employee stock plans, net   $ 0.6 (414.5)       $ 11.5 [1]  
Stock-based compensation     503.7          
Other       (1.6)       (7.9)
Ending balance (in shares) at Sep. 30, 2024   950,215            
Ending balance (in shares) at Sep. 30, 2024 [1]             365  
Ending balance at Sep. 30, 2024 14,320.7 $ 593.9 7,339.6 13,627.2 (3,013.2) (4,274.8) $ (32.7) [1] 80.7
Beginning balance (in shares) at Jun. 30, 2024   950,781            
Beginning balance (in shares) at Jun. 30, 2024 [2]             365  
Beginning balance at Jun. 30, 2024   $ 594.2 7,214.2 13,178.0 (3,013.2) (4,378.5) $ (32.7) [2] 73.5
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       970.3       11.8
Other comprehensive income, net of tax 103.7         103.7    
Retirement of treasury shares (in shares)   (582)         (582) [2]  
Retirement of treasury shares   $ (0.3)   (520.8)     $ 521.1 [2]  
Purchase of treasury shares (in shares) [2]             582  
Purchase of treasury shares           $ (521.1) [2]  
Issuance of stock under employee stock plans, net (in shares)   16            
Issuance of stock under employee stock plans, net     (7.8)          
Stock-based compensation     133.2          
Other       (0.3)       (4.6)
Ending balance (in shares) at Sep. 30, 2024   950,215            
Ending balance (in shares) at Sep. 30, 2024 [1]             365  
Ending balance at Sep. 30, 2024 $ 14,320.7 $ 593.9 $ 7,339.6 $ 13,627.2 $ (3,013.2) $ (4,274.8) $ (32.7) [1] $ 80.7
[1] As of September 30, 2024, there was $1.98 billion remaining under our $5.00 billion share repurchase program authorized in May 2021.
[2] As of September 30, 2024, there was $1.98 billion remaining under our $5.00 billion share repurchase program authorized in May 2021.