XML 17 R8.htm IDEA: XBRL DOCUMENT v3.23.2
Condensed Consolidated Statements of Changes in Common Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Common Stock [Member]
Treasury Stock, Common [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
AOCI Attributable to Parent [Member]
 [1]
Total
Balance (in shares) at Dec. 31, 2021 1,112,400,000 (473,600,000)        
Balance at Dec. 31, 2021 $ 2,781 $ (47,734) $ 4,979 $ 55,049 $ (914) $ 14,161
Share repurchase programs (Note 15) (in shares) [2]           (11,014,201)
Balance (in shares) at Mar. 31, 2022 1,112,600,000 (484,400,000)        
Balance at Mar. 31, 2022 $ 2,782 $ (50,515) 4,571 55,937 (878) $ 11,897
Balance (in shares) at Dec. 31, 2021 1,112,400,000 (473,600,000)        
Balance at Dec. 31, 2021 $ 2,781 $ (47,734) 4,979 55,049 (914) 14,161
Net income 0 0 0 3,465 0 3,465
Other comprehensive income/(loss) 0 0 0 0 73 73 [3]
Conversion, stock option exercises, forfeitures, ESPP, and other [b] [4] $ 0 $ (21) 63 0 0 $ 42
Share repurchase programs (Note 15) (in shares) 0 (14,100,000)       (14,114,884)
Share repurchase programs (Note 15) $ 0 $ (3,463) (12) 0 0 $ (3,475)
Dividends declared $ 0 $ 0 0 (1,556) 0 (1,556)
Conversion, stock option exercises, forfeitures, ESPP, and other [b] (in shares) 200,000 200,000 [4]        
Balance (in shares) at Jun. 30, 2022 1,112,600,000 (487,500,000)        
Balance at Jun. 30, 2022 $ 2,781 $ (51,218) 5,030 56,958 (841) 12,710
Balance (in shares) at Mar. 31, 2022 1,112,600,000 (484,400,000)        
Balance at Mar. 31, 2022 $ 2,782 $ (50,515) 4,571 55,937 (878) 11,897
Net income 0 0 0 1,835 0 1,835
Other comprehensive income/(loss) 0 0 0 0 37 37 [5]
Conversion, stock option exercises, forfeitures, ESPP, and other [b] [4] $ (1) $ 7 31 0 0 $ 37
Share repurchase programs (Note 15) (in shares) 0 (3,100,000)       (3,100,683) [6]
Share repurchase programs (Note 15) $ 0 $ (710) 428 0 0 $ (282)
Dividends declared $ 0 $ 0 0 (814) 0 (814)
Balance (in shares) at Jun. 30, 2022 1,112,600,000 (487,500,000)        
Balance at Jun. 30, 2022 $ 2,781 $ (51,218) 5,030 56,958 (841) 12,710
Balance (in shares) at Mar. 31, 2022 1,112,600,000 (484,400,000)        
Balance at Mar. 31, 2022 $ 2,782 $ (50,515) 4,571 55,937 (878) $ 11,897
Share repurchase programs (Note 15) (in shares)           (19,600,000)
Balance (in shares) at Jun. 30, 2023 1,112,900,000 (503,500,000)        
Balance at Jun. 30, 2023 $ 2,782 $ (54,699) 5,128 60,500 (517) $ 13,194
Balance (in shares) at Dec. 31, 2022 1,112,600,000 (500,200,000)        
Balance at Dec. 31, 2022 $ 2,782 $ (54,004) 5,080 58,887 (582) $ 12,163
Share repurchase programs (Note 15) (in shares)           (2,908,703)
Balance (in shares) at Mar. 31, 2023 1,112,900,000 (503,000,000.0)        
Balance at Mar. 31, 2023 $ 2,782 $ (54,591) 5,099 59,724 (560) $ 12,454
Balance (in shares) at Dec. 31, 2022 1,112,600,000 (500,200,000)        
Balance at Dec. 31, 2022 $ 2,782 $ (54,004) 5,080 58,887 (582) 12,163
Net income 0 0 0 3,199 0 3,199
Other comprehensive income/(loss) 0 0 0 0 65 65 [3]
Conversion, stock option exercises, forfeitures, ESPP, and other [b] [4] $ 0 $ 17 48 0 0 $ 65
Share repurchase programs (Note 15) (in shares) 0 (3,500,000)       (3,515,284)
Share repurchase programs (Note 15) $ 0 $ (712) 0 0 0 $ (712)
Dividends declared $ 0 $ 0 0 (1,586) 0 (1,586)
Conversion, stock option exercises, forfeitures, ESPP, and other [b] (in shares) 300,000 200,000 [4]        
Balance (in shares) at Jun. 30, 2023 1,112,900,000 (503,500,000)        
Balance at Jun. 30, 2023 $ 2,782 $ (54,699) 5,128 60,500 (517) 13,194
Balance (in shares) at Mar. 31, 2023 1,112,900,000 (503,000,000.0)        
Balance at Mar. 31, 2023 $ 2,782 $ (54,591) 5,099 59,724 (560) 12,454
Net income 0 0 0 1,569 0 1,569
Other comprehensive income/(loss) 0 0 0 0 43 43 [5]
Conversion, stock option exercises, forfeitures, ESPP, and other [b] [4] $ 0 $ 13 29 0 0 $ 42
Share repurchase programs (Note 15) (in shares) 0 (600,000)       (606,581)
Share repurchase programs (Note 15) $ 0 $ (121) 0 0 0 $ (121)
Dividends declared $ 0 $ 0 0 (793) 0 (793)
Conversion, stock option exercises, forfeitures, ESPP, and other [b] (in shares) 0 100,000 [4]        
Balance (in shares) at Jun. 30, 2023 1,112,900,000 (503,500,000)        
Balance at Jun. 30, 2023 $ 2,782 $ (54,699) $ 5,128 $ 60,500 $ (517) $ 13,194
[1] AOCI = Accumulated Other Comprehensive Income/Loss (Note 8)
[2] Includes 7,012,232 shares repurchased in 2022 under accelerated share repurchase programs.
[3] Net of deferred taxes of ($3) million and ($11) million during the six months ended June 30, 2023 and 2022, respectively.
[4] ESPP = employee stock purchase plan (Note 3)
[5] Net of deferred taxes of ($3) million and ($6) million during the three months ended June 30, 2023 and 2022, respectively.
[6] Includes 1,847,185 shares repurchased in 2022 under accelerated share repurchase programs.