v3.26.1
CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Preferred Stock
Common Stock and Additional Paid-in Capital
Right to Recover for Covered Losses
Accumulated Income
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Sep. 30, 2024   5        
Balance as of beginning of period at Sep. 30, 2024 $ 39,137 $ 1,031 [1] $ 21,229 $ (104) $ 17,289 $ (308)
Beginning balance (in shares) at Sep. 30, 2024     1,868      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 9,696       9,696  
Other comprehensive income (loss) (519)         (519)
VE territory covered losses (24)     (24)    
Recovery through conversion rate adjustments 0 $ (8)   8    
Conversions to class A common stock (in shares)   0 [2] 4      
Conversions to class A common stock 0 $ (143) $ 143      
Share-based compensation 483   $ 483      
Stock issued under equity plans (in shares)     4      
Stock issued under equity plans 246   $ 246      
Shares withheld for taxes related to stock issued under equity plans (in shares)     (1)      
Shares withheld for taxes related to stock issued under equity plans (242)   $ (242)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (2,334)       (2,334)  
Repurchases of class A common stock (in shares)     (26)      
Repurchases of class A common stock (8,413)   $ (280)   (8,133)  
Ending balance (in shares) at Mar. 31, 2025   5        
Balance as of end of period at Mar. 31, 2025 38,030 $ 880 [1] $ 21,579 (120) 16,518 (827)
Ending balance (in shares) at Mar. 31, 2025     1,849      
Beginning balance (in shares) at Dec. 31, 2024   5        
Balance as of beginning of period at Dec. 31, 2024 38,296 $ 904 $ 21,324 (123) 17,438 (1,247)
Beginning balance (in shares) at Dec. 31, 2024     1,860      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 4,577       4,577  
Other comprehensive income (loss) 420         420
VE territory covered losses 3     3    
Conversions to class A common stock (in shares)   0 [3] 1      
Conversions to class A common stock 0 $ (24) $ 24      
Share-based compensation 259   $ 259      
Stock issued under equity plans (in shares)     1      
Stock issued under equity plans 119   $ 119      
Shares withheld for taxes related to stock issued under equity plans (in shares) [3]     0      
Shares withheld for taxes related to stock issued under equity plans (7)   $ (7)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (1,164)       (1,164)  
Repurchases of class A common stock (in shares)     (13)      
Repurchases of class A common stock (4,473)   $ (140)   (4,333)  
Ending balance (in shares) at Mar. 31, 2025   5        
Balance as of end of period at Mar. 31, 2025 $ 38,030 $ 880 [1] $ 21,579 (120) 16,518 (827)
Ending balance (in shares) at Mar. 31, 2025     1,849      
Beginning balance (in shares) at Sep. 30, 2025 5 5        
Balance as of beginning of period at Sep. 30, 2025 $ 37,909 $ 745 [4] $ 21,934 (124) 15,106 248
Beginning balance (in shares) at Sep. 30, 2025     1,825      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 11,874       11,874  
Other comprehensive income (loss) (226)         (226)
VE territory covered losses (28)     (28)    
Recovery through conversion rate adjustments (1) $ (109)   108    
Conversions to class A common stock (in shares)   0 [5] 2      
Conversions to class A common stock 0 $ (108) $ 108      
Share-based compensation 506   $ 506      
Stock issued under equity plans (in shares)     4      
Stock issued under equity plans 133   $ 133      
Shares withheld for taxes related to stock issued under equity plans (in shares)     (1)      
Shares withheld for taxes related to stock issued under equity plans (268)   $ (268)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (2,579)       (2,579)  
Repurchases of class A common stock (in shares)     (36)      
Repurchases of class A common stock $ (11,659)   $ (380)   (11,279)  
Ending balance (in shares) at Mar. 31, 2026 5 5        
Balance as of end of period at Mar. 31, 2026 $ 35,661 $ 528 [4] $ 22,033 (44) 13,122 22
Ending balance (in shares) at Mar. 31, 2026     1,794      
Beginning balance (in shares) at Dec. 31, 2025   5        
Balance as of beginning of period at Dec. 31, 2025 38,777 $ 551 $ 21,980 (19) 16,018 247
Beginning balance (in shares) at Dec. 31, 2025     1,817      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 6,021       6,021  
Other comprehensive income (loss) (225)         (225)
VE territory covered losses (25)     (25)    
Conversions to class A common stock (in shares)   0 [6] 1      
Conversions to class A common stock 0 $ (23) $ 23      
Share-based compensation 275   $ 275      
Stock issued under equity plans (in shares) [6]     1      
Stock issued under equity plans 55   $ 55      
Shares withheld for taxes related to stock issued under equity plans (in shares) [6]     0      
Shares withheld for taxes related to stock issued under equity plans (37)   $ (37)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (1,286)       (1,286)  
Repurchases of class A common stock (in shares)     (25)      
Repurchases of class A common stock $ (7,894)   $ (263)   (7,631)  
Ending balance (in shares) at Mar. 31, 2026 5 5        
Balance as of end of period at Mar. 31, 2026 $ 35,661 $ 528 [4] $ 22,033 $ (44) $ 13,122 $ 22
Ending balance (in shares) at Mar. 31, 2026     1,794      
[1] As of March 31, 2025 and September 30, 2024, the book value of series A preferred stock was $397 million and $540 million, respectively. See Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B and series C preferred stock.
[2] Increase or decrease is less than one million.
[3] Increase or decrease is less than one million.
[4] As of March 31, 2026 and September 30, 2025, the book value of series A convertible participating preferred stock (series A preferred stock) was $405 million and $513 million, respectively. See Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B convertible participating preferred stock (series B preferred stock) and series C convertible participating preferred stock (series C preferred stock).
[5] Increase or decrease is less than one million.
[6] Increase or decrease is less than one million.