Equity (Tables)

3 Months Ended

Mar. 31, 2026

The following table summarizes components of equity with significant changes during the three months ended March 31, 2026 and 2025:


	Common Stock			Additional Paid-in Capital		Retained Earnings		Accumulated Other Comprehensive Loss
	Shares	Amount
Balance at December 31, 2025	944.8	$	590	$	7,346	$	24,470	$	(2,880)
Net income						7,396
Other comprehensive income, net of tax								47

Purchases of common stock	(2.4)	(1)				(2,356)

Issuance of stock under employee stock plans, net	1.1	1		(586)
Stock-based compensation				161
Other						4
Balance at March 31, 2026	943.5	$	590	$	6,921	$	29,514	$	(2,833)

Balance at December 31, 2024	947.9	$	592	$	7,439	$	13,545	$	(4,322)
Net income						2,759
Other comprehensive income, net of tax								547

Purchases of common stock	(1.4)	(1)				(1,199)

Issuance of stock under employee stock plans, net	1.6	1		(683)
Stock-based compensation				154
Other						(6)
Balance at March 31, 2025	948.1	$	593	$	6,910	$	15,100	$	(3,775)

Schedule of Accumulated Other Comprehensive Income (Loss)

The following table summarizes the activity related to each component of accumulated other comprehensive income (loss) during the three months ended March 31, 2026 and 2025:



	Foreign Currency Translation(1)		Retirement Benefit Plans		Other		Accumulated Other Comprehensive Loss
Balance at December 31, 2025	$	(1,149)	$	(1,987)	$	255	$	(2,880)
Other comprehensive income (loss)	50		(2)		(1)		47
Balance at March 31, 2026	$	(1,099)	$	(1,989)	$	254	$	(2,833)

Balance at December 31, 2024	$	(2,390)	$	(2,179)	$	246	$	(4,322)
Other comprehensive income (loss)	566		(3)		(16)		547
Balance at March 31, 2025	$	(1,824)	$	(2,182)	$	230	$	(3,775)

(1) Includes the impact of foreign currency transactions designated as net investment hedges. See Note 7 for additional information