Capital Stock (Tables)

12 Months Ended

Dec. 31, 2025

Equity [Abstract]

Schedule Components of Issued, Repurchased and Outstanding Shares

At December 31, 2025, we had 12 billion shares of authorized common stock; issued, repurchased and outstanding shares of common stock consisted of the following:

	Shares Issued	Shares Repurchased	Shares Outstanding
Balances, December 31, 2022	2,805,961,317	(1,020,427,195)	1,785,534,122
Stock award activity	—	676,495	676,495
Repurchases of common stock	—	(22,748,842)	(22,748,842)
Balances, December 31, 2023	2,805,961,317	(1,042,499,542)	1,763,461,775
Stock award activity	—	687,715	687,715
Repurchases of common stock	—	(73,497,623)	(73,497,623)
Balances, December 31, 2024	2,805,961,317	(1,115,309,450)	1,690,651,867
Stock award activity	—	761,026	761,026
Repurchases of common stock	—	(17,094,596)	(17,094,596)
Balances, December 31, 2025	2,805,961,317	(1,131,643,020)	1,674,318,297

Share Repurchases

Our total share repurchase activity was as follows for the years ended December 31:

	January 2025 Share Repurchase Program		January 2024 Share Repurchase Program		January 2023 Share Repurchase Program
(in millions, except per share data)	2025		2024 (1)		2023
Total number of shares repurchased	17.1		73.5		22.7
Aggregate cost of shares repurchased	$	1,000	$	3,400	$	1,000
Average price per share of shares repurchased	$	58.50	$	46.26	$	43.96

(1) Includes 53.9 million shares repurchased under the ASR Agreements at an average price per share of $44.50.