XML 18 R8.htm IDEA: XBRL DOCUMENT v3.21.2
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, 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)    
Share repurchases (Note 16) (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)    
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 16)   (400)   $ (2,556)   $ (2,956)
Share repurchases (Note 16) (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)    
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)    
Shareholders' equity, beginning balance at Dec. 31, 2020 $ 2,781 4,864 51,326 $ (40,420) (1,593) $ 16,958
Common shares, beginning balance at Dec. 31, 2020 1,112,200,000     (440,900,000)   671,351,360
Share repurchases (Note 16) (shares) [2]           (6,691,421)
Shareholders' equity, ending balance at Mar. 31, 2021 $ 2,781 4,874 52,019 $ (41,826) (1,594) $ 16,254
Common shares, ending balance at Mar. 31, 2021 1,112,500,000     (447,400,000)    
Shareholders' equity, beginning balance at Dec. 31, 2020 $ 2,781 4,864 51,326 $ (40,420) (1,593) $ 16,958
Common shares, beginning balance at Dec. 31, 2020 1,112,200,000     (440,900,000)   671,351,360
Net income     3,139     $ 3,139
Other comprehensive income/(loss)         42 42 [3]
Conversion, stock option exercises, forfeitures, and other   35   $ (5)   30
Conversion, stock option exercises, forfeitures, and other (shares) 300,000     300,000    
Share repurchases (Note 16)   (400)   $ (4,117)   $ (4,517)
Share repurchases (Note 16) (shares)       (18,900,000)   (18,895,830)
Cash dividends declared     (1,349)     $ (1,349)
Shareholders' equity, ending balance at Jun. 30, 2021 $ 2,781 4,499 53,116 $ (44,542) (1,551) $ 14,303
Common shares, ending balance at Jun. 30, 2021 1,112,500,000     (459,500,000)   652,954,892
Shareholders' equity, beginning balance at Mar. 31, 2021 $ 2,781 4,874 52,019 $ (41,826) (1,594) $ 16,254
Common shares, beginning balance at Mar. 31, 2021 1,112,500,000     (447,400,000)    
Net income     1,798     1,798
Other comprehensive income/(loss)         43 43 [4]
Conversion, stock option exercises, forfeitures, and other   25   $ (1)   24
Conversion, stock option exercises, forfeitures, and other (shares)       100,000    
Share repurchases (Note 16)   (400)   $ (2,715)   $ (3,115)
Share repurchases (Note 16) (shares)       (12,200,000)   (12,204,409) [5]
Cash dividends declared     (701)     $ (701)
Shareholders' equity, ending balance at Jun. 30, 2021 $ 2,781 $ 4,499 $ 53,116 $ (44,542) $ (1,551) $ 14,303
Common shares, ending balance at Jun. 30, 2021 1,112,500,000     (459,500,000)   652,954,892
[1] AOCI = Accumulated Other Comprehensive Income/Loss (Note 9)
[2] Includes 8,786,380 shares repurchased in February 2020 under accelerated share repurchase programs.
[3] Net of deferred taxes of ($18) million and ($12) million during the six months ended June 30, 2021 and 2020, respectively.
[4] Net of deferred taxes of ($10) million and ($5) million during the three months ended June 30, 2021 and 2020, respectively.
[5] Includes 7,209,156 shares repurchased in May 2021 under accelerated share repurchase programs.