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Stockholders' equity (Tables)
6 Months Ended
Jun. 30, 2022
Equity [Abstract]  
Summary of activity under our stock repurchase program
Activity under our stock repurchase program, on a trade date basis, was as follows (in millions):
20222021
 SharesDollars SharesDollars
First quarter24.6 $5,410 3.7 $865 
Second quarter— — 6.5 1,592 
Total stock repurchases24.6 $5,410 10.2 $2,457 
Components of accumulated other comprehensive income
The components of AOCI were as follows (in millions):
Foreign
currency
translation
Cash flow
hedges
Available-for-sale
securities
OtherAOCI
Balance as of December 31, 2021$(844)$61 $— $(13)$(796)
Foreign currency translation adjustments(51)— — — (51)
Unrealized gains— 56 — — 56 
Reclassification adjustments to income— 51 — — 51 
Income taxes— (23)— — (23)
Balance as of March 31, 2022
(895)145 — (13)(763)
Foreign currency translation adjustments(65)— — — (65)
Unrealized gains— 67 — — 67 
Reclassification adjustments to income— 132 — — 132 
Income taxes— (43)— — (43)
Balance as of June 30, 2022
$(960)$301 $— $(13)$(672)
Reclassifications out of accumulated other comprehensive income
Reclassifications out of AOCI and into earnings, including related income tax expenses, were as follows (in millions):
Three months ended June 30,
Components of AOCI20222021Condensed Consolidated
Statements of Income locations
Cash flow hedges:
Foreign currency contract gains (losses)$53 $(18)Product sales
Cross-currency swap contract (losses) gains(185)46 Other (expense) income, net
(132)28 Income before income taxes
28 (6)Provision for income taxes
$(104)$22 Net income
Six months ended June 30,
Components of AOCI20222021Condensed Consolidated
Statements of Income locations
Cash flow hedges:
Foreign currency contract gains (losses)$80 $(19)Product sales
Cross-currency swap contract losses(263)(86)Other (expense) income, net
(183)(105)Income before income taxes
39 22 Provision for income taxes
$(144)$(83)Net income