XML 34 R21.htm IDEA: XBRL DOCUMENT
v3.21.2

Earnings Per Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2021
Earnings Per Share [Abstract] |
Schedule of Computation of Basic Earnings Per Share, Assuming Dilution | The following table sets forth the computation of basic earnings per share and earnings per share, assuming dilution.
| Second Quarters |  | Six Months
| 2021 | 2020 |  | 2021 | 2020
Numerator (Dollars in millions): |  |  |  |  |
Net Earnings | $ | 1,173 |  | $ | 499 |  |  | $ | 1,879 |  | $ | 1,269 |
Denominator (Units in millions): |  |  |  |  |
Average Common Shares Outstanding | 2,270 |  | 2,297 |  |  | 2,276 |  | 2,306 |
Other Potentially Dilutive Common Shares | 5 |  | 4 |  |  | 5 |  | 5 |
Average Common Shares Outstanding, Assuming Dilution | 2,275 |  | 2,301 |  |  | 2,281 |  | 2,311 |
Net Earnings Per Share, Basic | $ | 0.52 |  | $ | 0.22 |  |  | $ | 0.83 |  | $ | 0.55 |
Net Earnings Per Share, Assuming Dilution | $ | 0.52 |  | $ | 0.22 |  |  | $ | 0.82 |  | $ | 0.55 |
Schedule of Total Average Outstanding Stock Options Excluded from Diluted Earnings Per Share Calculation | The total average outstanding stock options that were excluded from the diluted earnings per share calculation because their effect was antidilutive is in the table below.
| Second Quarters |  | Six Months
| 2021 | 2020 |  | 2021 | 2020
Antidilutive Stock Options Excluded from Diluted EPS (Millions) | 2 | 7 |  | 2 | 5
Schedule of Share Repurchased by the Company | During second quarters and six months ended 2021 and 2020, the Company engaged in the following repurchase activities:
| Second Quarters |  | Six Months
| 2021 | 2020 |  | 2021 | 2020
Shares Repurchased (Millions)(a) | 22 |  | 2 |  |  | 40 |  | 29 |
Cost of Shares (Dollars in millions) | $ | 701 |  | $ | 39 |  |  | $ | 1,252 |  | $ | 616 |
(a) For second quarter and six months 2021, shares repurchased includes 3 million shares that were purchased in June 2021, but were not retired until July 1st, 2021, due to timing of the stock split. These shares are reflected as outstanding as of June 30, 2021, on the consolidated statement of changes in shareholder's equity.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfAntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of treasury stock, including, but not limited to, average cost per share, description of share repurchase program, shares repurchased, shares held for each class of treasury stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23309-112656 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 45 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6405813&loc=d3e23239-112655 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23315-112656 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 30 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6405834&loc=d3e23285-112656 + Details
Name: | us-gaap_ScheduleOfTreasuryStockByClassTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration