v3.22.0.1
Incentive Stock Programs (Tables)
12 Months Ended
Dec. 31, 2021
Incentive Stock Programs  
Schedule of stock options outstanding and exercisable

Weighted

Weighted

Average

Average

Remaining

Aggregate

(intrinsic values in millions)

    

Options

    

Exercise Price

    

Life (Years)

    

Intrinsic Value

Outstanding at December 31, 2020

28,919,886

$

55.65

 

6.0

 

$

1,557

Granted

 

2,865,115

 

123.70

Exercised

 

(4,495,454)

 

40.48

Lapsed

 

(89,696)

 

106.80

Outstanding at December 31, 2021

 

27,199,851

$

65.16

 

5.7

 

$

2,056

Exercisable at December 31, 2021

20,387,490

$

53.49

4.9

$

1,779

Schedule of restricted stock awards and units activity

    

Weighted

Average

    

Grant-Date

Share Units

Fair Value

Outstanding at December 31, 2020

 

12,492,868

$

78.19

Granted

 

5,219,069

 

123.85

Vested

 

(6,507,761)

 

73.54

Forfeited

 

(645,651)

 

98.13

Outstanding at December 31, 2021

 

10,558,525

$

102.40

Schedule of fair value assumptions used to estimate fair value of option

    

2021

    

2020

    

2019

Fair value

$

24.17

$

14.39

$

14.50

Risk-free interest rate

 

0.8

%

1.3

%

2.5

%

Average life of options (years)

 

6.0

6.0

6.0

Volatility

 

23.8

%  

19.4

%  

19.8

%

Dividend yield

 

1.5

%  

1.6

%  

1.7

%