v3.25.4
Schedule I Statement of Cash Flows (Details) - USD ($)
$ in Millions
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Operating activities      
Cash flows from operating activities $ 19,697 $ 24,204 $ 29,068
Investing activities      
Cash paid for acquisitions and other transactions (4,509) (13,408) (10,136)
Cash received from dispositions, net 561 2,041 685
Other, net 341 98 (91)
Cash flows used for investing activities (8,685) (20,527) (15,574)
Financing activities      
Common stock repurchases (5,545) (9,000) (8,000)
Proceeds from common stock issuances 827 1,846 1,353
Proceeds from (repayments of) short-term borrowings, net 807 (151) 11
Proceeds from issuance of long-term debt 2,969 17,811 6,394
Repayments of long-term debt (3,050) (3,000) (2,125)
Other, net 63 (1,645) (1,150)
Cash flows from (used for) financing activities (11,644) (3,512) (11,529)
(Decrease) increase in cash and cash equivalents (947) (115) 2,062
Cash and cash equivalents, beginning of period 25,312    
Cash and cash equivalents, end of period 24,365 25,312  
Supplemental cash flow disclosures      
Cash paid for interest 4,030 3,594 3,035
Cash paid for income taxes 3,714 4,620 6,078
Parent Company [Member]      
Operating activities      
Cash flows from operating activities 13,311 4,852 17,443
Investing activities      
Issuances of notes to subsidiaries (3,901) (349) (41)
Repayments of notes to subsidiaries 8,655 225 817
Cash paid for acquisitions and other transactions (4,648) (13,750) (8,144)
Return of capital to parent company 901 21 639
Capital contributions to subsidiaries (6,822) 0 (2,472)
Cash received from dispositions, net 458 2,444 624
Other, net 0 30 286
Cash flows used for investing activities (5,357) (11,379) (8,291)
Financing activities      
Common stock repurchases (5,545) (9,000) (8,000)
Proceeds from common stock issuances 827 1,846 1,353
Cash dividends paid (7,916) (7,533) (6,761)
Proceeds from (repayments of) short-term borrowings, net 807 (151) 11
Proceeds from issuance of long-term debt 2,969 17,811 6,394
Repayments of long-term debt (3,050) (3,000) (2,125)
(Repayments of) proceeds from notes from short-term notes from subsidiaries, net (677) (7,966) 1,188
Proceeds from long-term notes from subsidiaries 7,162 14,396 0
Repayments of long-term notes from subsidiaries (2,120) (28) 0
Other, net (342) (390) (702)
Cash flows from (used for) financing activities (7,885) 5,985 (8,642)
(Decrease) increase in cash and cash equivalents 69 (542) 510
Cash and cash equivalents, beginning of period 234 776 266
Cash and cash equivalents, end of period 303 234 776
Supplemental cash flow disclosures      
Cash paid for interest 4,817 4,241 3,257
Cash paid for income taxes $ 1,119 $ 2,450 $ 4,426