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Condensed Consolidated Statements of Changes in Common Shareholders' Equity - USD ($)
$ in Millions
Common Shares [Member]
Paid-in-Surplus [Member]
Retained Earnings [Member]
Treasury Stock [Member]
Accumulated Other Comprehensive Income/(Loss) (Note 9) [Member]
 [1]
Total
Shareholders' equity, beginning balance at Dec. 31, 2018 $ 2,779 $ 4,449 $ 45,284 $ (30,674) $ (1,415) $ 20,423
Common shares, beginning balance at Dec. 31, 2018 1,111,700,000     (386,600,000)    
Share repurchases (Note 18) (shares) [2]           (18,149,450)
Shareholders' equity, ending balance at Mar. 31, 2019 $ 2,780 3,929 46,049 $ (33,638) (1,378) $ 17,742
Common shares, ending balance at Mar. 31, 2019 1,112,000,000.0     (403,600,000)    
Shareholders' equity, beginning balance at Dec. 31, 2018 $ 2,779 4,449 45,284 $ (30,674) (1,415) 20,423
Common shares, beginning balance at Dec. 31, 2018 1,111,700,000     (386,600,000)    
Net income     2,961     2,961
Other comprehensive income/(loss)         117 117 [3]
Conversion, stock option exercises, forfeitures, and other $ 1 5   $ 60   66
Conversion, stock option exercises, forfeitures, and other (shares) 300,000     1,400,000    
Share repurchases (Note 18)   (500)   $ (3,648)   $ (4,148)
Share repurchases (Note 18) (shares)       (21,900,000)   (21,882,424)
Cash dividends declared     (1,248)     $ (1,248)
Shareholders' equity, ending balance at Jun. 30, 2019 $ 2,780 3,954 46,997 $ (34,262) (1,298) 18,171
Common shares, ending balance at Jun. 30, 2019 1,112,000,000.0     (407,100,000)    
Shareholders' equity, beginning balance at Mar. 31, 2019 $ 2,780 3,929 46,049 $ (33,638) (1,378) 17,742
Common shares, beginning balance at Mar. 31, 2019 1,112,000,000.0     (403,600,000)    
Net income     1,570     1,570
Other comprehensive income/(loss)         80 80 [4]
Conversion, stock option exercises, forfeitures, and other   25   $ 15   40
Conversion, stock option exercises, forfeitures, and other (shares)       300,000    
Share repurchases (Note 18)       $ (639)   $ (639)
Share repurchases (Note 18) (shares)       (3,800,000)   (3,732,974)
Cash dividends declared     (622)     $ (622)
Shareholders' equity, ending balance at Jun. 30, 2019 $ 2,780 3,954 46,997 $ (34,262) (1,298) 18,171
Common shares, ending balance at Jun. 30, 2019 1,112,000,000.0     (407,100,000)    
Shareholders' equity, beginning balance at Dec. 31, 2019 $ 2,780 4,523 48,605 $ (36,424) (1,356) $ 18,128
Common shares, beginning balance at Dec. 31, 2019 1,112,000,000.0     (419,900,000)   692,100,651
Share repurchases (Note 18) (shares) [2]           (14,305,793)
Shareholders' equity, ending balance at Mar. 31, 2020 $ 2,781 4,112 49,419 $ (38,992) (1,329) $ 15,991
Common shares, ending balance at Mar. 31, 2020 1,112,300,000     (433,700,000)    
Shareholders' equity, beginning balance at Dec. 31, 2019 $ 2,780 4,523 48,605 $ (36,424) (1,356) $ 18,128
Common shares, beginning balance at Dec. 31, 2019 1,112,000,000.0     (419,900,000)   692,100,651
Net income     2,606     $ 2,606
Other comprehensive income/(loss)         (16) (16) [3]
Conversion, stock option exercises, forfeitures, and other $ 1 12   $ (4)   9
Conversion, stock option exercises, forfeitures, and other (shares) 300,000     600,000    
Share repurchases (Note 18)   (400)   $ (2,556)   $ (2,956)
Share repurchases (Note 18) (shares)       (14,300,000)   (14,305,793)
Cash dividends declared     (1,319)     $ (1,319)
Shareholders' equity, ending balance at Jun. 30, 2020 $ 2,781 4,135 49,892 $ (38,984) (1,372) $ 16,452
Common shares, ending balance at Jun. 30, 2020 1,112,300,000     (433,600,000)   678,710,739
Shareholders' equity, beginning balance at Mar. 31, 2020 $ 2,781 4,112 49,419 $ (38,992) (1,329) $ 15,991
Common shares, beginning balance at Mar. 31, 2020 1,112,300,000     (433,700,000)    
Net income     1,132     1,132
Other comprehensive income/(loss)         (43) (43) [4]
Conversion, stock option exercises, forfeitures, and other   23   $ 8   31
Conversion, stock option exercises, forfeitures, and other (shares)       100,000    
Cash dividends declared     (659)     (659)
Shareholders' equity, ending balance at Jun. 30, 2020 $ 2,781 $ 4,135 $ 49,892 $ (38,984) $ (1,372) $ 16,452
Common shares, ending balance at Jun. 30, 2020 1,112,300,000     (433,600,000)   678,710,739
[1] AOCI = Accumulated Other Comprehensive Income/(Loss) (Note 9)
[2] Includes 8,786,380 and 11,795,930 shares repurchased in February 2020 and 2019, respectively, under accelerated share repurchase programs.
[3] Net of deferred taxes of ($12) million and ($31) million during the six months ended June 30, 2020, and 2019, respectively.
[4] Net of deferred taxes of ($5) million and ($27) million during the three months ended June 30, 2020, and 2019, respectively.