Stockholders' equity

9 Months Ended

Sep. 30, 2024

Equity [Abstract]

Stockholders’ equity

Stockholders’ equity

Changes in equity are as follows:

	Common Stock		Paid-in Capital		Retained Earnings		Treasury Common Stock		AOCI
Balance, December 31, 2023	$	1,741	$	3,362	$	52,283	$	(40,284)	$	(205)
2024
Net income	—		—		1,105		—		—
Dividends declared and paid ($1.30 per share)	—		—		(1,183)		—		—
Common stock issued for stock-based awards	—		(29)		—		94		—
Stock repurchases	—		—		—		(3)		—
Stock compensation	—		106		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		2
Dividend equivalents on RSUs	—		—		(7)		—		—
Other	—		—		1		—		—
Balance, March 31, 2024	1,741		3,439		52,199		(40,193)		(203)
Net income	—		—		1,127		—		—
Dividends declared and paid ($1.30 per share)	—		—		(1,185)		—		—
Common stock issued for stock-based awards	—		111		—		137		—
Stock repurchases	—		—		—		(72)		—
Stock compensation	—		116		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		3
Dividend equivalents on RSUs	—		—		(6)		—		—
Balance, June 30, 2024	1,741		3,666		52,135		(40,128)		(200)
Net income	—		—		1,362		—		—
Dividends declared and paid ($1.30 per share)	—		—		(1,187)		—		—
Common stock issued for stock-based awards	—		62		—		55		—
Stock repurchases	—		—		—		(322)		—
Stock compensation	—		87		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		5
Dividend equivalents on RSUs	—		—		(6)		—		—
Other	—		(2)		—		—		—
Balance, September 30, 2024	$	1,741	$	3,813	$	52,304	$	(40,395)	$	(195)

	Common Stock		Paid-in Capital		Retained Earnings		Treasury Common Stock		AOCI
Balance, December 31, 2022	$	1,741	$	2,951	$	50,353	$	(40,214)	$	(254)
2023
Net income	—		—		1,708		—		—
Dividends declared and paid ($1.24 per share)	—		—		(1,125)		—		—
Common stock issued for stock-based awards	—		(37)		—		118		—
Stock repurchases	—		—		—		(96)		—
Stock compensation	—		104		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		2
Dividend equivalents on RSUs	—		—		(6)		—		—
Other	—		(2)		—		—		—
Balance, March 31, 2023	1,741		3,016		50,930		(40,192)		(252)
Net income	—		—		1,722		—		—
Dividends declared and paid ($1.24 per share)	—		—		(1,125)		—		—
Common stock issued for stock-based awards	—		36		—		29		—
Stock repurchases	—		—		—		(77)		—
Stock compensation	—		111		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		6
Dividend equivalents on RSUs	—		—		(5)		—		—
Balance, June 30, 2023	1,741		3,163		51,522		(40,240)		(246)
Net income	—		—		1,709		—		—
Dividends declared and paid ($1.24 per share)	—		—		(1,126)		—		—
Common stock issued for stock-based awards	—		38		—		35		—
Stock repurchases	—		—		—		(48)		—
Stock compensation	—		79		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		11
Dividend equivalents on RSUs	—		—		(6)		—		—
Other	—		—		(1)		—		—
Balance, September 30, 2023	$	1,741	$	3,280	$	52,098	$	(40,253)	$	(235)