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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 (in shares) at Dec. 31, 2023   513      
Balance at Dec. 31, 2023 $ 24,145 $ 3,154 $ 23,465 $ (2,487) $ 13
Comprehensive income          
Net earnings 719   729   (10)
Other comprehensive loss (86)     (83) (3)
Cash dividends paid (257)   (257)    
Share repurchases (in shares)   (13)      
Share repurchases (868)   (868)    
Share repurchases prepayment (462) $ (462)      
Stock compensation expense (in shares)   3      
Stock compensation expense 66 $ 66      
Stock option exercises, net of taxes (in shares)   (1)      
Stock option exercises, net of taxes (41) $ (41)      
Other 16 $ 3     13
Balance (in shares) at Mar. 31, 2024   502      
Balance at Mar. 31, 2024 23,232 $ 2,720 23,069 (2,570) 13
Balance (in shares) at Dec. 31, 2024   478      
Balance at Dec. 31, 2024 22,178 $ 3,223 21,933 (2,988) 10
Comprehensive income          
Net earnings 294   295   (1)
Other comprehensive loss (120)     (120)  
Cash dividends paid (247)   (247)    
Stock compensation expense (in shares)   2      
Stock compensation expense 50 $ 50      
Stock option exercises, net of taxes (30) (30)      
Other 2 $ 3     (1)
Balance (in shares) at Mar. 31, 2025   480      
Balance at Mar. 31, 2025 $ 22,127 $ 3,246 $ 21,981 $ (3,108) $ 8