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Stockholders’ Equity (Tables)
9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Summary of stock repurchase activity under stock repurchase program
The following table summarizes stock repurchase activity under our stock repurchase programs for the period indicated (in millions, except per share amounts):
Shares Repurchased (1)
Average Price per Share (2)
Value of Shares Repurchased (2)
Remaining Amount Authorized
Balance as of January 1, 2021$2,033 
Authorization of additional plan in February 20214,000 
Authorization of additional plan in August 20213,000 
Repurchase of shares of common stock 60 $67.11 $4,042 (4,042)
Balance as of September 30, 2021$4,991 
(1) These repurchased shares of common stock were recorded as treasury stock and were accounted for under the cost method. None of the repurchased shares of common stock have been retired.
(2) Excludes broker commissions.