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Stockholders' equity (Tables)
 6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Share repurchase program activity
Activity under our stock repurchase program, on a trade date basis, was as follows (in millions):
 
2017
 
2016
 
Shares
 
Dollars 
 
Shares
 
Dollars
First quarter
3.4

 
$
555

 
4.7

 
$
690

Second quarter
6.2

 
1,006

 
3.9

 
591

 
9.6

 
$
1,561

 
8.6

 
$
1,281
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, 2016
$
(610
)
 
$
282

 
$
(138
)
 
$
(5
)
 
$
(471
)
Foreign currency translation adjustments
21

 
—

 
—

 
—

 
21

Unrealized gains
—

 
17

 
116

 
—

 
133

Reclassification adjustments to income
—

 
(131
)
 
49

 
—

 
(82
)
Income taxes
3

 
41

 
(7
)
 
—

 
37

Balance as of March 31, 2017
$
(586
)
 
$
209

 
$
20

 
$
(5
)
 
$
(362
)
Foreign currency translation adjustments
37

 
—

 
—

 
—

 
37

Unrealized gains
—

 
17

 
73

 
—

 
90

Reclassification adjustments to income
—

 
(330
)
 
47

 
—

 
(283
)
Other
—

 
—

 
—

 
(1
)
 
(1
)
Income taxes
(2
)
 
112

 
(40
)
 
—

 
70

Balance as of June 30, 2017
$
(551
)
 
$
8

 
$
100

 
$
(6
)
 
$
(449
)
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, 2017
 
Three months ended June 30, 2016
 
Line item affected in the Condensed
Consolidated Statements of Income
Cash flow hedges:
 
 
 
 
 
 
     Foreign currency contract gains
 
$
33

 
$
79

 
Product sales
     Cross-currency swap contract gains (losses)
 
297

 
(212
)
 
Interest and other income, net
 
 
330

 
(133
)
 
Income before income taxes
 
 
(117
)
 
49

 
Provision for income taxes
 
 
$
213

 
$
(84
)
 
Net income
Available-for-sale securities:
 
 
 
 
 
 
     Net realized losses
 
$
(47
)
 
$
(23
)
 
Interest and other income, net
 
 
(2
)
 
8

 
Provision for income taxes
 
 
$
(49
)
 
$
(15
)
 
Net income
 
 
Amounts reclassified out of AOCI
 
 
Components of AOCI
 
Six months ended
June 30, 2017
 
Six months ended
June 30, 2016
 
Line item affected in the Condensed
Consolidated Statements of Income
Cash flow hedges:
 
 
 
 
 
 
     Foreign currency contract gains
 
$
90

 
$
175

 
Product sales
     Cross-currency swap contract gains (losses)
 
371

 
(142
)
 
Interest and other income, net
 
 
461

 
33

 
Income before income taxes
 
 
(164
)
 
(12
)
 
Provision for income taxes
 
 
$
297

 
$
21

 
Net income
Available-for-sale securities:
 
 
 
 
 
 
     Net realized losses
 
$
(96
)
 
$
(53
)
 
Interest and other income, net
 
 
(2
)
 
8

 
Provision for income taxes
 
 
$
(98
)
 
$
(45
)
 
Net income