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Shareholders' Equity (Tables) | 6 Months Ended | 12 Months Ended
--- | --- | ---
Jun. 30, 2024 | Dec. 31, 2023
Equity [Abstract] |  |
Schedule of Common Stock Outstanding Roll Forward |  | The following table shows changes in each class of shares:
|  | Common Stock |  |  | Treasury Stock |
Balance at January 1, 2021 |  |  | 1,012,261,159 |  |  |  | 429,941,021 |
Issued |  |  |  |  |  |  | (6,904,556 | )
Acquired |  |  |  |  |  |  | 307,242 |
Balance at December 31, 2021 |  |  | 1,012,261,159 |  |  |  | 423,343,707 |
Issued |  |  |  |  |  |  | (8,877,047 | )
Acquired |  |  |  |  |  |  | 204,723 |
Balance at December 31, 2022 |  |  | 1,012,261,159 |  |  |  | 414,671,383 |
Issued |  |  |  |  |  |  | (13,651,201 | )
Acquired |  |  |  |  |  |  | 1,725,954 |
Balance at December 31, 2023 |  |  | 1,012,261,159 |  |  |  | 402,746,136 |
Schedule of Accumulated Other Comprehensive Income (Loss) | Changes in Accumulated other comprehensive loss (AOCI) by component for the six and three months ended June 30, 2024 and 2023, were as follows:
|  | Currency Translation Adjustments |  |  | Unrealized Gains and Losses on Certain Investments |  |  | Unrealized Gains and Losses on Derivative Instruments |  |  | Defined Benefit Pension Plans & Other Postretirement Benefits |  |  | Total(1) |
Balance at January 1, 2023 |  | ($ | 167 | ) |  |  |  |  |  | ($ | 24 | ) |  | ($ | 9,359 | ) |  | ($ | 9,550 | )
Other comprehensive income/(loss) before reclassifications |  |  | 10 |  |  |  |  |  |  |  | (25 | ) |  |  | (6 | ) |  |  | (21 | )
Amounts reclassified from AOCI |  |  |  |  |  |  |  |  |  |  | (2 | ) |  |  | (44 | )(2) |  |  | (46 | )
Net current period Other comprehensive income/(loss) |  |  | 10 |  |  |  |  |  |  |  | (27 | ) |  |  | (50 | ) |  |  | (67 | )
Balance at June 30, 2023 |  | ($ | 157 | ) |  |  |  |  |  | ($ | 51 | ) |  | ($ | 9,409 | ) |  | ($ | 9,617 | )
Balance at January 1, 2024 |  | ($ | 134 | ) |  | $ | 2 |  |  | $ | 12 |  |  | ($ | 10,185 | ) |  | ($ | 10,305 | )
Other comprehensive loss before reclassifications |  |  | (24 | ) |  |  |  |  |  |  | (76 | ) |  |  | (13 | ) (2) |  |  | (113 | )
Amounts reclassified from AOCI |  |  |  |  |  |  |  |  |  |  | 26 |  |  |  |  |  |  |  | 26 |
Net current period Other comprehensive loss |  |  | (24 | ) |  |  |  |  |  |  | (50 | ) |  |  | (13 | ) |  |  | (87 | )
Balance at June 30, 2024 |  | ($ | 158 | ) |  | $ | 2 |  |  | ($ | 38 | ) |  | ($ | 10,198 | ) |  | ($ | 10,392 | )
Balance at March 31, 2023 |  | ($ | 151 | ) |  |  |  |  |  | ($ | 11 | ) |  | ($ | 9,388 | ) |  | ($ | 9,550 | )
Other comprehensive (loss)/income before reclassifications |  |  | (6 | ) |  |  |  |  |  |  | (43 | ) |  |  | 1 |  |  |  | (48 | )
Amounts reclassified from AOCI |  |  |  |  |  |  |  |  |  |  | 3 |  |  |  | (22 | )(2) |  |  | (19 | )
Net current period Other comprehensive loss |  |  | (6 | ) |  |  |  |  |  |  | (40 | ) |  |  | (21 | ) |  |  | (67 | )
Balance at June 30, 2023 |  | ($ | 157 | ) |  |  |  |  |  | ($ | 51 | ) |  | ($ | 9,409 | ) |  | ($ | 9,617 | )
Balance at March 31, 2024 |  | ($ | 169 | ) |  | $ | 2 |  |  | ($ | 46 | ) |  | ($ | 10,199 | ) |  | ($ | 10,412 | )
Other comprehensive income/(loss) before reclassifications |  |  | 11 |  |  |  |  |  |  |  | (11 | ) |  |  | 1 | (2) |  |  | 1 |
Amounts reclassified from AOCI |  |  |  |  |  |  |  |  |  |  | 19 |  |  |  |  |  |  |  | 19 |
Net current period Other comprehensive income |  |  | 11 |  |  |  |  |  |  |  | 8 |  |  |  | 1 |  |  |  | 20 |
Balance at June 30, 2024 |  | ($ | 158 | ) |  | $ | 2 |  |  | ($ | 38 | ) |  | ($ | 10,198 | ) |  | ($ | 10,392 | )
(1) | Net of tax.
(2) | Primarily relates to the amortization of prior service credits and actuarial losses/(gains) included in net periodic benefit cost for the six and three months ended June 30, 2024 totaling $0 and $0 (net of tax of $0 and $0), and ($44) and ($22) (net of tax of $13 and $7) for the same periods in prior year.
| Changes in AOCI by component for the years ended December 31, 2023, 2022 and 2021 were as follows:
|  | Currency Translation Adjustments |  |  | Unrealized Gains and Losses on Certain Investments |  |  | Unrealized Gains and Losses on Derivative Instruments |  |  | Defined Benefit Pension Plans & Other Postretirement Benefits |  |  | Total (1) |
Balance at January 1, 2021 |  | ($ | 30 | ) |  | $ | 1 |  |  | ($ | 43 | ) |  | ($ | 17,061 | ) |  | ($ | 17,133 | )
Other comprehensive (loss)/income before reclassifications |  |  | (75 | ) |  |  |  |  |  |  | 55 |  |  |  | 4,268 | (2) |  |  | 4,248 |
Amounts reclassified from AOCI |  |  |  |  |  |  |  |  |  |  | (6 | ) |  |  | 1,232 | (3) |  |  | 1,226 |
Net current period Other comprehensive (loss)/income |  |  | (75 | ) |  |  |  |  |  |  | 49 |  |  |  | 5,500 |  |  |  | 5,474 |
Balance at December 31, 2021 |  |  | ($105) |  |  |  | $1 |  |  | $ | 6 |  |  | ($ | 11,561 | ) |  | ($ | 11,659 | )
Other comprehensive (loss)/income before reclassifications |  |  | (62 | ) |  |  | (1 | ) |  |  | (40 | ) |  |  | 1,529 | (2) |  |  | 1,426 |
Amounts reclassified from AOCI |  |  |  |  |  |  |  |  |  |  | 10 | (4) |  |  | 673 | (3) |  |  | 683 |
Net current period Other comprehensive (loss)/income |  |  | (62 | ) |  |  | (1 | ) |  |  | (30 | ) |  |  | 2,202 |  |  |  | 2,109 |
Balance at December 31, 2022 |  | ($ | 167 | ) |  |  |  |  |  | ($ | 24 | ) |  | ($ | 9,359 | ) |  | ($ | 9,550 | )
Other comprehensive income/(loss) before reclassifications |  |  | 33 |  |  |  | 2 |  |  |  | 41 |  |  |  | (722 | )(2) |  |  | (646 | )
Amounts reclassified from AOCI |  |  |  |  |  |  |  |  |  |  | (5 | ) |  |  | (104 | )(3) |  |  | (109 | )
Net current period Other comprehensive income/(loss) |  |  | 33 |  |  |  | 2 |  |  |  | 36 |  |  |  | (826 | ) |  |  | (755 | )
Balance at December 31, 2023 |  |  | ($134) |  |  |  | $2 |  |  | $ | 12 |  |  | ($ | 10,185 | ) |  | ($ | 10,305 | )
(1) | Net of tax.
(2) | Primarily related to remeasurement of assets and benefit obligations related to the Company’s pension and other postretirement benefit plans resulting in an actuarial (loss)/gain of ($722), $1,533 and $4,262 (net of tax of $13, ($22) and ($32)) for the years ended December 31, 2023, 2022 and 2021. See Note 16.
(3) | Amounts reclassified from AOCI for the year ended December 31, 2023, primarily related to amortization of prior service credits totaling ($102) (net of tax of $1). Amounts reclassified from AOCI for the years ended December 31, 2022 and 2021, primarily related to amortization of actuarial losses totaling $791 and $1,155 (net of tax of ($11) and ($8)). These are included in net periodic pension cost. See Note 16.
(4) | Included losses of $39 (net of tax of ($11)) from cash flow hedges reclassified to Other income, net because the forecasted transactions are not probable of occurring.

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