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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Total Stockholders' Equity
Common Stock
Capital In Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Income (loss)
Treasury Stock
Noncontrolling Interests
Balances (in shares) at Dec. 31, 2021     198,649          
Balances at Dec. 31, 2021 $ 16,103 $ 16,080 $ 33 $ 3,082 $ 23,086 $ 42 $ (10,163) $ 23
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,627 1,626     1,626     1
Distribution from (to) noncontrolling interest holders, net (4)             (4)
Other comprehensive income (loss) (1,093) (1,093)       (1,093)    
Common stock repurchases (1,028) (1,028)         (1,028)  
Dividends and dividend equivalents (201) (201)     (201)      
Stock-based compensation 93 93   93        
Restricted stock unit vesting (in shares)     18          
Restricted stock unit vesting 0     (28)     28  
Stock option exercises 13 13   6     7  
Balances (in shares) at Jun. 30, 2022     198,667          
Balances at Jun. 30, 2022 15,510 15,490 $ 33 3,153 24,511 (1,051) (11,156) 20
Balances (in shares) at Mar. 31, 2022     198,649          
Balances at Mar. 31, 2022 15,342 15,319 $ 33 3,103 23,915 (572) (11,160) 23
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 697 696     696     1
Distribution from (to) noncontrolling interest holders, net (4)             (4)
Other comprehensive income (loss) (479) (479)       (479)    
Common stock repurchases (4) (4)         (4)  
Dividends and dividend equivalents (100) (100)     (100)      
Stock-based compensation 50 50   50        
Restricted stock unit vesting (in shares)     18          
Restricted stock unit vesting 0     (4)     4  
Stock option exercises 8 8   4     4  
Balances (in shares) at Jun. 30, 2022     198,667          
Balances at Jun. 30, 2022 15,510 15,490 $ 33 3,153 24,511 (1,051) (11,156) 20
Balances (in shares) at Dec. 31, 2022     198,667          
Balances at Dec. 31, 2022 15,370 15,311 $ 33 3,246 25,492 (1,304) (12,156) 59
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,194 2,198     2,198     (4)
Distribution from (to) noncontrolling interest holders, net 7             7
Acquisition (5)             (5)
Other comprehensive income (loss) 78 78       78    
Common stock repurchases (628) (628)         (628)  
Dividends and dividend equivalents (222) (222)     (222)      
Stock-based compensation 89 89   89        
Restricted stock unit vesting (in shares)     23          
Restricted stock unit vesting 0     (27)     27  
Stock option exercises 8 8   5     3  
Balances (in shares) at Jun. 30, 2023     198,690          
Balances at Jun. 30, 2023 16,891 16,834 $ 33 3,313 27,468 (1,226) (12,754) 57
Balances (in shares) at Mar. 31, 2023     198,667          
Balances at Mar. 31, 2023 16,634 16,577 $ 33 3,262 26,619 (1,113) (12,224) 57
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 956 959     959     (3)
Distribution from (to) noncontrolling interest holders, net 3             3
Other comprehensive income (loss) (113) (113)       (113)    
Common stock repurchases (534) (534)         (534)  
Dividends and dividend equivalents (110) (110)     (110)      
Stock-based compensation 51 51   51        
Restricted stock unit vesting (in shares)     23          
Restricted stock unit vesting 0     (3)     3  
Stock option exercises 4 4   3     1  
Balances (in shares) at Jun. 30, 2023     198,690          
Balances at Jun. 30, 2023 $ 16,891 $ 16,834 $ 33 $ 3,313 $ 27,468 $ (1,226) $ (12,754) $ 57