XML 71 R39.htm IDEA: XBRL DOCUMENT v3.24.0.1

Share-Based Compensation (Tables)

12 Months Ended

Dec. 31, 2023

Share-Based Payment Arrangement [Abstract]

Stock Option Activity [Table Text Block]

Stock option activity for the year ended December 31, 2023 is summarized in the table below:

			Shares						Weighted- Average Exercise Price						Weighted- Average Remaining Contractual Life						Aggregate Intrinsic Value
			(in millions)												(in years)						(in millions)
Outstanding at beginning of period			23						$	281
Granted			3						492
Exercised			(4)						231
Forfeited			(1)						443
Outstanding at end of period			21						320						5.5						$	4,451
Exercisable at end of period			13						248						4.2						3,595
Vested and expected to vest, end of period			21						318						5.5						4,430

Restricted Share Activity [Table Text Block]

Restricted share activity for the year ended December 31, 2023 is summarized in the table below:

(shares in millions)						Shares						Weighted-Average Grant Date Fair Value per Share
Nonvested at beginning of period						4						$	401
Granted						2						493
Vested						(2)						393
Nonvested at end of period						4						449

Other Share-Based Compensation Data [Table Text Block]

Other Share-Based Compensation Data

(in millions, except per share amounts)						For the Years Ended December 31,
						2023						2022						2021
Stock Options
Weighted-average grant date fair value of shares granted, per share						$	134					$	116					$	71
Total intrinsic value of stock options exercised						1,325						1,419						1,519
Restricted Shares
Weighted-average grant date fair value of shares granted, per share						493						483						352
Total fair value of restricted shares vested						$	803					$	760					$	560
Employee Stock Purchase Plan
Number of shares purchased						1						1						1
Share-Based Compensation Items
Share-based compensation expense, before tax						$	1,059					$	925					$	800
Share-based compensation expense, net of tax effects						937						836						719
Income tax benefit realized from share-based award exercises						231						207						173

(in millions, except years)						December 31, 2023
Unrecognized compensation expense related to share awards						$	1,134
Weighted-average years to recognize compensation expense						1.3

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]

The principal assumptions the Company used in calculating grant-date fair value for stock options were as follows:

						For the Years Ended December 31,
						2023						2022						2021
Risk-free interest rate						3.8% - 4.6%						1.9% - 4.3%						0.7% - 1.2%
Expected volatility						29.7% - 30.6%						30.6% - 30.8%						29.2% - 29.8%
Expected dividend yield						1.3% - 1.5%						1.2%						1.3% - 1.5%
Forfeiture rate						5.0%						5.0%						5.0%
Expected life in years						4.6						4.7						4.8

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of activity for award under share-based payment arrangement. Includes, but is not limited to, outstanding award at beginning and end of year, granted, exercised, forfeited, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 718
-SubTopic 10
-Subparagraph (f)(2)
-Name Accounting Standards Codification
-Paragraph 2
-Section 50
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedPaymentAwardStockOptionsValuationAssumptionsTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Disclosure of the number and weighted-average grant date fair value for restricted stock and restricted stock units that were outstanding at the beginning and end of the year, and the number of restricted stock and restricted stock units that were granted, vested, or forfeited during the year.

+ References

No definition available.

+ Details

Name:	us-gaap_ScheduleOfSharebasedCompensationRestrictedStockAndRestrictedStockUnitsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration