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Stockholders' equity (Tables)
 6 Months Ended
Jun. 30, 2016
Equity [Abstract]  
Share repurchase program activity
Activity under our stock repurchase program, on a trade date basis, was as follows (in millions):
 
2016
 
2015
 
Shares
 
Dollars 
 
Shares
 
Dollars
First quarter
4.7

 
$
690

 
2.9

 
$
451

Second quarter
3.9

 
591

 
3.3

 
515

 
8.6

 
$
1,281

 
6.2

 
$
966
Components of accumulated other comprehensive income
The components of accumulated other comprehensive income/(loss) (AOCI) were as follows (in millions):
 
Foreign
currency
translation
 
Cash flow
hedges
 
Available-for-sale
securities
 
Other
 
AOCI
Balance as of December 31, 2015
$
(511
)
 
$
297

 
$
(260
)
 
$
(6
)
 
$
(480
)
Foreign currency translation adjustments
36

 
—

 
—

 
—

 
36

Unrealized (losses) gains
—

 
(117
)
 
379

 
—

 
262

Reclassification adjustments to income
—

 
(166
)
 
30

 
—

 
(136
)
Income taxes
(3
)
 
104

 
(51
)
 
—

 
50

Balance as of March 31, 2016
$
(478
)
 
$
118

 
$
98

 
$
(6
)
 
$
(268
)
Foreign currency translation adjustments
(22
)
 
—

 
—

 
—

 
(22
)
Unrealized (losses) gains
—

 
(144
)
 
268

 
—

 
124

Reclassification adjustments to income
—

 
133

 
23

 
—

 
156

Other
—

 
—

 
—

 
1

 
1

Income taxes
5

 
5

 
(107
)
 
—

 
(97
)
Balance as of June 30, 2016
$
(495
)
 
$
112

 
$
282

 
$
(5
)
 
$
(106
)
Reclassifications out of accumulated other comprehensive income
The reclassifications out of AOCI and into earnings were as follows (in millions):
 
 
Amounts reclassified out of AOCI
 
 
Components of AOCI
 
Three months ended June 30, 2016
 
Three months ended June 30, 2015
 
Line item affected in the
 Statements of Income
Cash flow hedges:
 
 
 
 
 
 
     Foreign currency contract gains
 
$
79

 
$
91

 
Product sales
     Cross-currency swap contract (losses) gains
 
(212
)
 
136

 
Interest and other income, net
     Forward interest rate contract losses
 
—

 
(1
)
 
Interest expense, net
 
 
(133
)
 
226

 
Total before income tax
 
 
49

 
(81
)
 
Tax benefit (expense)
 
 
$
(84
)
 
$
145

 
Net of taxes
Available-for-sale securities:
 
 
 

 

     Net realized losses
 
$
(23
)
 
$
(9
)
 
Interest and other income, net
 
 
8

 
3

 
Tax benefit
 
 
$
(15
)
 
$
(6
)
 
Net of taxes
 
 
Amounts reclassified out of AOCI
 
 
Components of AOCI
 
Six months ended June 30, 2016
 
Six months ended June 30, 2015
 
Line item affected in the
 Statements of Income
Cash flow hedges:
 
 
 
 
 
 
     Foreign currency contract gains
 
$
175

 
$
160

 
Product sales
     Cross-currency swap contract losses
 
(142
)
 
(47
)
 
Interest and other income, net
     Forward interest rate contract losses
 
—

 
(1
)
 
Interest expense, net
 
 
33

 
112

 
Total before income tax
 
 
(12
)
 
(40
)
 
Tax expense
 
 
$
21

 
$
72

 
Net of taxes
Available-for-sale securities:
 
 
 
 
 
 
     Net realized losses
 
$
(53
)
 
$
(44
)
 
Interest and other income, net
 
 
8

 
16

 
Tax benefit
 
 
$
(45
)
 
$
(28
)
 
Net of taxes