XML 56 R32.htm IDEA: XBRL DOCUMENT v3.22.0.1

Note 4 - Stock Options and Other Stock Plans (Tables)

12 Months Ended

Dec. 31, 2021

Notes Tables

Share-based Payment Arrangement, Cost by Plan [Table Text Block]

Millions		2021				2020				2019
Stock-based compensation, before tax:
Stock options		$	15			$	15			$	16
Retention awards			66				58				77
ESPP			7				-				-
Total stock-based compensation, before tax		$	88			$	73			$	93
Excess tax benefits from equity compensation plans		$	26			$	55			$	52

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

Weighted-Average Assumptions		2021				2020				2019
Risk-free interest rate			0.4	%			1.5	%			2.5	%
Dividend yield			1.9	%			2.1	%			2.2	%
Expected life (years)			4.6				4.9				5.2
Volatility			28.3	%			23.4	%			22.7	%
Weighted-average grant-date fair value of options granted		$	39.97			$	32.20			$	30.37

Share-based Payment Arrangement, Option, Activity [Table Text Block]

		Options (thous.)				Weighted-Average Exercise Price				Weighted-Average Remaining Contractual Term (yrs.)				Aggregate Intrinsic Value (millions)
Outstanding at January 1, 2021			2,569			$	132.49				6.4			$	195
Granted			387				204.45				N/A				N/A
Exercised			(753	)			118.11				N/A				N/A
Forfeited or expired			(97	)			154.62				N/A				N/A
Outstanding at December 31, 2021			2,106			$	149.84				6.3			$	215
Vested or expected to vest at December 31, 2021			2,083			$	149.37				6.3			$	214
Options exercisable at December 31, 2021			1,334			$	126.38				5.2			$	167

Cash Proceeds Received and Tax Benefit from Share-based Payment Awards [Table Text Block]

Millions		2021				2020				2019
Intrinsic value of stock options exercised		$	84			$	120			$	193
Cash received from option exercises			58				95				130
Treasury shares repurchased for employee payroll taxes			(15	)			(24	)			(37	)
Tax benefit realized from option exercises			16				28				48
Aggregate grant-date fair value of stock options vested			14				15				15

Share-based Payment Arrangement, Restricted Stock and Restricted Stock Unit, Activity [Table Text Block]

		Shares (thous.)				Weighted-Average Grant-Date Fair Value
Nonvested at January 1, 2021			1,476			$	141.06
Granted			297				205.81
Vested			(417	)			109.23
Forfeited			(69	)			163.73
Nonvested at December 31, 2021			1,287			$	165.10

Schedule of Nonvested Performance-based Units Activity [Table Text Block]

		Shares (thous.)				Weighted-Average Grant-Date Fair Value
Nonvested at January 1, 2021			773			$	148.17
Granted			227				204.45
Vested			(136	)			141.93
Unearned			(140	)			126.47
Forfeited			(83	)			156.94
Nonvested at December 31, 2021			641			$	173.03

X

- Definition

Tabular disclosure of cash received from exercise of stock options and similar instruments granted under share-based payment arrangements and tax benefit from exercise of stock options.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2A
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=SL79508275-113901

+ Details

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

X

- Definition

Tabular disclosure of cost recognized for award under share-based payment arrangement by plan. Includes, but is not limited to, related tax benefit.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (h)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

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

X

- Definition

Tabular disclosure of the changes in outstanding nonvested performance-based units.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ Details

Name:	us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (f)(2)
-URI http://asc.fasb.org/extlink&oid=120381028&loc=d3e5070-113901

+ 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

X

- References

No definition available.

+ Details

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