v3.24.2.u1
Condensed Consolidated Statement of Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Common stock issued
Additional paid-in capital
Retained earnings
Pensions
Cash flow hedges
Foreign currency translation
Treasury Stock, Common
Beginning balance (in shares) at Dec. 31, 2022   1,660.6           929.3
Beginning balance at Dec. 31, 2022 $ (6,003.0) $ 17.0 $ 8,547.0 $ 59,544.0 $ (298.0) $ 31.0 $ (2,219.0) $ (71,624.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 4,113.0     4,113.0        
Other comprehensive income (loss), net of tax 30.0       (5.0) (20.0) 55.0  
Comprehensive income 4,143.0              
Common stock cash dividends (2,220.0)     (2,220.0)        
Treasury stock purchases (1,163.0)             (1,163.0)
Share-based compensation 95.0   95.0          
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 149.0   94.0         $ 55.0
Ending balance (in shares) at Jun. 30, 2023   1,660.6           931.9
Ending balance at Jun. 30, 2023 (4,999.0) $ 17.0 8,736.0 61,437.0 (303.0) 11.0 (2,164.0) $ (72,733.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock purchases (in shares)               (4.2)
Stock option exercises and other (in shares)               1.6
Beginning balance (in shares) at Mar. 31, 2023   1,660.6           930.5
Beginning balance at Mar. 31, 2023 (5,776.0) $ 17.0 8,636.0 60,235.0 (299.0) 14.0 (2,204.0) $ (72,174.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,310.0     2,310.0        
Other comprehensive income (loss), net of tax 35.0       (3.0) (2.0) 40.0  
Comprehensive income 2,345.0              
Common stock cash dividends (1,109.0)     (1,109.0)        
Treasury stock purchases (579.0)             (579.0)
Share-based compensation 45.0   45.0          
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 75.0   55.0         $ 20.0
Ending balance (in shares) at Jun. 30, 2023   1,660.6           931.9
Ending balance at Jun. 30, 2023 $ (4,999.0) $ 17.0 8,736.0 61,437.0 (303.0) 11.0 (2,164.0) $ (72,733.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock purchases (in shares)               (2.0)
Stock option exercises and other (in shares)               0.6
Common stock in treasury, shares 937.9              
Beginning balance (in shares) at Dec. 31, 2023   1,660.6           937.9
Beginning balance at Dec. 31, 2023 $ (4,707.0) $ 17.0 8,893.0 63,480.0 (367.0) (6.0) (2,083.0) $ (74,640.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 3,951.0     3,951.0        
Other comprehensive income (loss), net of tax (6.0)       1.0 39.0 (46.0)  
Comprehensive income 3,945.0              
Common stock cash dividends (2,405.0)     (2,405.0)        
Treasury stock purchases (1,867.0)             (1,867.0)
Share-based compensation 88.0   88.0          
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 121.0   73.0         $ 48.0
Ending balance (in shares) at Jun. 30, 2024   1,660.6           943.3
Ending balance at Jun. 30, 2024 (4,824.0) $ 17.0 9,055.0 65,026.0 (367.0) 33.0 (2,129.0) $ (76,459.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock purchases (in shares)               (6.7)
Stock option exercises and other (in shares)               1.3
Beginning balance (in shares) at Mar. 31, 2024   1,660.6           939.9
Beginning balance at Mar. 31, 2024 (4,833.0) $ 17.0 9,001.0 64,203.0 (367.0) 32.0 (2,198.0) $ (75,520.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,022.0     2,022.0        
Other comprehensive income (loss), net of tax 71.0       0.0 2.0 69.0  
Comprehensive income 2,093.0              
Common stock cash dividends (1,199.0)     (1,199.0)        
Treasury stock purchases (946.0)             (946.0)
Share-based compensation 38.0   38.0          
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture 22.0   15.0         $ 7.0
Ending balance (in shares) at Jun. 30, 2024   1,660.6           943.3
Ending balance at Jun. 30, 2024 $ (4,824.0) $ 17.0 $ 9,055.0 $ 65,026.0 $ (367.0) $ 33.0 $ (2,129.0) $ (76,459.0)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Treasury stock purchases (in shares)               (3.5)
Stock option exercises and other (in shares)               0.1
Common stock in treasury, shares 943.3