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CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Reinvested Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Balance (shares) at Dec. 31, 2022   547      
Balance at Dec. 31, 2022 $ 24,317 $ 3,147 $ 23,646 $ (2,509) $ 33
Comprehensive income          
Net earnings 2,924   2,918   6
Other comprehensive income (loss) (107)     (102) (5)
Comprehensive income (loss) 2,817        
Cash dividends paid (738)   (738)    
Share repurchases (in shares)   (14)      
Share repurchases (1,127)   (1,127)    
Stock compensation expense (in shares)   3      
Stock compensation expense 98 $ 98      
Stock option exercises net of taxes (in shares)   (1)      
Stock option exercises net of taxes (110) $ (110)      
Other 8 $ 5     3
Balance (shares) at Sep. 30, 2023   535      
Balance at Sep. 30, 2023 25,265 $ 3,140 24,699 (2,611) 37
Balance (shares) at Jun. 30, 2023   536      
Balance at Jun. 30, 2023 24,975 $ 3,128 24,244 (2,433) 36
Comprehensive income          
Net earnings 824   821   3
Other comprehensive income (loss) (179)     (178) (1)
Comprehensive income (loss) 645        
Cash dividends paid (244)   (244)    
Share repurchases (in shares)   (1)      
Share repurchases (122)   (122)    
Stock compensation expense 12 $ 12      
Stock option exercises net of taxes (3) (3)      
Other 2 $ 3     (1)
Balance (shares) at Sep. 30, 2023   535      
Balance at Sep. 30, 2023 25,265 $ 3,140 24,699 (2,611) 37
Balance (shares) at Dec. 31, 2023   513      
Balance at Dec. 31, 2023 24,145 $ 3,154 23,465 (2,487) 13
Comprehensive income          
Net earnings 1,218   1,233   (15)
Other comprehensive income (loss) (356)     (353) (3)
Comprehensive income (loss) 862        
Cash dividends paid (744)   (744)    
Share repurchases (in shares)   (37)      
Share repurchases (2,348)   (2,348)    
Stock compensation expense (in shares)   2      
Stock compensation expense 74 $ 74      
Stock option exercises net of taxes (23) (23)      
Other 18 $ 3     15
Balance (shares) at Sep. 30, 2024   478      
Balance at Sep. 30, 2024 21,984 $ 3,208 21,606 (2,840) 10
Balance (shares) at Jun. 30, 2024   478      
Balance at Jun. 30, 2024 22,159 $ 3,200 21,828 (2,880) 11
Comprehensive income          
Net earnings 18   18    
Other comprehensive income (loss) 41     40 1
Comprehensive income (loss) 59        
Cash dividends paid (240)   (240)    
Stock compensation expense (10) (10)      
Stock option exercises net of taxes 18 $ 18      
Other (2)       (2)
Balance (shares) at Sep. 30, 2024   478      
Balance at Sep. 30, 2024 $ 21,984 $ 3,208 $ 21,606 $ (2,840) $ 10