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Stockholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of quarterly cash dividends declared
The Company declared quarterly cash dividends on its Class A and Class B common stock as summarized below: 
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
(in millions, except per share data)
Dividends declared per share $0.66 $0.57 $1.32 $1.14 
Total dividends declared$611 $538 $1,226 $1,079 
Schedule of Changes in Common Stock Outstanding
The following table presents the changes in the Company’s outstanding Class A and Class B common stock:
Three Months Ended June 30,
20242023
 Outstanding SharesOutstanding Shares
 Class AClass BClass AClass B
(in millions)
Balance at beginning of period924.2 7.1 941.4 7.5 
Purchases of treasury stock(5.8)— (6.5)— 
Share-based payments0.1 — 0.9 — 
Conversion of Class B to Class A common stock— — 0.1 (0.1)
Balance at end of period918.5 7.1 935.9 7.4 
Six Months Ended June 30,
20242023
 Outstanding SharesOutstanding Shares
 Class AClass BClass AClass B
(in millions)
Balance at beginning of period927.3 7.2 948.4 7.6 
Purchases of treasury stock(10.2)— (14.4)— 
Share-based payments1.3 — 1.7 — 
Conversion of Class B to Class A common stock0.1 (0.1)0.2 (0.2)
Balance at end of period918.5 7.1 935.9 7.4 
Schedule of share repurchases and authorizations The following table summarizes the Company’s share repurchases of its Class A common stock:
Six Months Ended June 30,
20242023
(in millions, except per share data)
Dollar-value of shares repurchased 1
$4,631 $5,294 
Shares repurchased10.2 14.4 
Average price paid per share$454.92 $367.00 
1The dollar-value of shares repurchased does not include a 1% excise tax. The incremental tax is recorded in treasury stock on the consolidated balance sheet.