XML 59 R33.htm IDEA: XBRL DOCUMENT v3.24.0.1
Capital Stock (Tables)
12 Months Ended
Dec. 31, 2023
Capital Stock [Abstract]  
Schedule of Fair Value Assumptions
Option Value and Assumptions
202320222021
Weighted-average fair value per share$83.59 $68.08 $53.35 
Assumptions:
Risk-free interest rate4.0 %1.8 %0.8 %
Expected dividend yield1.2 %1.0 %1.2 %
Expected stock price volatility29.0 %27.0 %26.9 %
Expected option life (years)6.25.95.9
Summary of Stock Option Activity
2023 Stock Option Activity
Shares
(in millions)
Weighted-Average
Exercise Price
Weighted-Average
Remaining
Term (in years)
Aggregate
Intrinsic
 Value
Outstanding January 112.1 $168.80 
Granted1.6 268.28 
Exercised(2.0)117.64 
Canceled or forfeited(0.2)235.73 
Outstanding December 3111.5 $189.70 5.4$1,257.1 
Exercisable December 316.8 $153.01 3.1$1,001.1 
Options expected to vest4.3 $243.26 7.8$242.2 
Summary of RSU and PSU Activity
Restricted Stock Units (RSUs) and Performance Stock Units (PSUs) Activity
Shares
(in millions)
Weighted-Average
Grant Date Fair Value
RSUsPSUsRSUsPSUs
Nonvested on January 10.7 0.2 $232.02 $234.70 
Granted0.4 0.1 257.09 255.27 
Vested(0.3)(0.1)227.85 217.73 
Canceled or forfeited(0.1)— 244.09 217.73 
Nonvested on December 310.7 0.2 $246.98 $250.17