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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common shares:
Other capital:
Retained earnings:
Accumulated other comprehensive loss:
Balance at beginning of period at Dec. 31, 2021   $ 934 $ 8,181 $ 2,131 $ (479)
Issued for exercise of stock options and vested units   2 14    
Repurchases of common shares (Note 4)   (14) (390)    
Share-based compensation     25    
Other transactions, net     (6)    
Net earnings $ 1,869     1,869  
Dividends on common shares       (1,490)  
Other comprehensive income (loss) $ 61       61
Dividends paid per common share $ 1.99        
Balance at end of period at Sep. 30, 2022 $ 10,838 922 7,824 2,510 (418)
Balance at beginning of period at Jun. 30, 2022   927 7,954 2,333 (398)
Issued for exercise of stock options and vested units   0 1    
Repurchases of common shares (Note 4)   (5) (140)    
Share-based compensation     8    
Other transactions, net     1    
Net earnings 310     310  
Dividends on common shares       (133)  
Other comprehensive income (loss) $ (20)       (20)
Dividends paid per common share $ 0.18        
Balance at end of period at Sep. 30, 2022 $ 10,838 922 7,824 2,510 (418)
Balance at beginning of period at Dec. 31, 2022 10,749 916 7,691 2,389 (247)
Issued for exercise of stock options and vested units   2 3    
Repurchases of common shares (Note 4)   (5) (105)    
Share-based compensation     26    
Other transactions, net     (6)    
Net earnings 620     620  
Dividends on common shares       (1,080)  
Other comprehensive income (loss) $ 24       24
Dividends paid per common share $ 1.47        
Balance at end of period at Sep. 30, 2023 $ 10,228 913 7,609 1,929 (223)
Balance at beginning of period at Jun. 30, 2023   914 7,624 1,828 (225)
Issued for exercise of stock options and vested units   0 1    
Repurchases of common shares (Note 4)   (1) (24)    
Share-based compensation     9    
Other transactions, net     (1)    
Net earnings 239     239  
Dividends on common shares       (138)  
Other comprehensive income (loss) $ 2       2
Dividends paid per common share $ 0.19        
Balance at end of period at Sep. 30, 2023 $ 10,228 $ 913 $ 7,609 $ 1,929 $ (223)