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Stockholders' equity (Tables)
12 Months Ended
Dec. 31, 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):
Years ended December 31,
202220212020
SharesDollarsSharesDollarsSharesDollars
First quarter24.6 $5,410 3.7 $865 4.3 $933 
Second quarter— — 6.5 1,592 2.6 591 
Third quarter1.5 900 4.6 1,069 3.0 752 
Fourth quarter— — 6.9 1,461 5.3 1,221 
Total stock repurchases26.1 $6,310 21.7$4,987 15.2$3,497 
Components of accumulated other comprehensive income
The components of AOCI were as follows (in millions):
Foreign
currency
translation
Cash flow
hedges
Available-for-sale
securities
OtherAOCI
Balance as of December 31, 2019$(718)$175 $22 $(7)$(528)
Foreign currency translation adjustments— — — 
Unrealized (losses) gains— (61)— (55)
Reclassification adjustments to income— (501)(33)— (534)
Other losses— — — (7)(7)
Income taxes— 124 — 130 
Balance as of December 31, 2020(709)(263)(14)(985)
Foreign currency translation adjustments(135)— — — (135)
Unrealized gains (losses)— 159 (1)— 158 
Reclassification adjustments to income— 253 — — 253 
Other gains— — — 
Income taxes— (88)— — (88)
Balance as of December 31, 2021(844)61 — (13)(796)
Foreign currency translation adjustments496 — — — 496 
Unrealized gains— 84 — — 84 
Reclassification adjustments to income— — — 
Other gains— — — 
Income taxes— (19)— — (19)
Balance as of December 31, 2022$(348)$128 $— $(11)$(231)
Reclassifications out of accumulated other comprehensive income
Reclassifications out of AOCI and into earnings were as follows (in millions):
Years ended December 31,
Components of AOCI202220212020Consolidated Statements of Income locations
Cash flow hedges:
Foreign currency contract gains (losses)$231 $(8)$178 Product sales
Cross-currency swap contract (losses) gains(233)(245)323 Other (expense) income, net
(2)(253)501 Income before income taxes
— 55 (110)Provision for income taxes
$(2)$(198)$391 Net income
Available-for-sale securities:
Net realized gains$— $— $33 Other (expense) income, net
— — (7)Provision for income taxes
$— $— $26 Net income