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Consolidated Condensed Statements of Equity - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Additional Paid-in Capital
Retained Earnings
Employee Benefit Trust
Accumulated Other Comprehensive Loss
Common Stock in Treasury
Noncontrolling Interests
Beginning balance (in shares) at Dec. 31, 2020   957,077            
Beginning balance (in shares) at Dec. 31, 2020 [1]             487  
Beginning balance at Dec. 31, 2020   $ 598.2 $ 6,778.5 $ 7,830.2 $ (3,013.2) $ (6,496.4) $ (55.7) [1] $ 183.6
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       2,745.5       47.8
Other comprehensive income (loss), net of tax           209.3    
Cash dividends declared       (1,542.9)        
Retirement of treasury shares (in shares)   (2,467)         (2,467) [1]  
Retirement of treasury shares   $ (1.6)   (498.5)     $ 500.0 [1]  
Purchase of treasury shares (in shares) [1]             2,467  
Purchase of treasury shares [1]             $ (500.0)  
Issuance of stock under employee stock plans, net (in shares)   2,428         (24) [1]  
Issuance of stock under employee stock plans, net   $ 1.5 (285.8)       $ 3.0 [1]  
Stock-based compensation     177.4          
Other     (0.9) (4.2)       (12.3)
Ending balance (in shares) at Jun. 30, 2021   957,038            
Ending balance (in shares) at Jun. 30, 2021 [2]             463  
Ending balance at Jun. 30, 2021   $ 598.1 6,669.2 8,530.1 (3,013.2) (6,287.1) $ (52.7) [2] 219.1
Beginning balance (in shares) at Mar. 31, 2021   959,482            
Beginning balance (in shares) at Mar. 31, 2021 [2]             463  
Beginning balance at Mar. 31, 2021   $ 599.7 6,579.2 9,181.3 (3,013.2) (6,395.6) $ (52.7) [2] 200.6
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       1,390.2       31.4
Other comprehensive income (loss), net of tax           108.5    
Cash dividends declared       (1,542.9)        
Retirement of treasury shares (in shares)   (2,467)         (2,467) [2]  
Retirement of treasury shares   $ (1.6)   (498.5)     $ 500.0 [2]  
Purchase of treasury shares (in shares) [2]             2,467  
Purchase of treasury shares [2]             $ (500.0)  
Issuance of stock under employee stock plans, net (in shares)   23            
Issuance of stock under employee stock plans, net     (1.9)          
Stock-based compensation     91.9          
Other               (12.9)
Ending balance (in shares) at Jun. 30, 2021   957,038            
Ending balance (in shares) at Jun. 30, 2021 [2]             463  
Ending balance at Jun. 30, 2021   $ 598.1 6,669.2 8,530.1 (3,013.2) (6,287.1) $ (52.7) [2] 219.1
Beginning balance (in shares) at Dec. 31, 2021   954,116            
Beginning balance (in shares) at Dec. 31, 2021 [1]             463  
Beginning balance at Dec. 31, 2021 $ 9,154.8 $ 596.3 6,833.4 8,958.5 (3,013.2) (4,343.1) $ (52.7) [1] 175.6
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       2,855.4       (48.0)
Other comprehensive income (loss), net of tax           55.4    
Cash dividends declared       (1,765.9)        
Retirement of treasury shares (in shares)   (5,607)         (5,607) [1]  
Retirement of treasury shares   $ (3.5)   (1,496.5)     $ 1,500.0 [1]  
Purchase of treasury shares (in shares) [1]             5,607  
Purchase of treasury shares [1]             $ (1,500.0)  
Issuance of stock under employee stock plans, net (in shares)   2,110         (13) [1]  
Issuance of stock under employee stock plans, net   $ 1.3 (280.5)       $ 2.2 [1]  
Stock-based compensation     193.1          
Other       4.5       (13.1)
Ending balance (in shares) at Jun. 30, 2022   950,619            
Ending balance (in shares) at Jun. 30, 2022 [2]             450  
Ending balance at Jun. 30, 2022 8,659.2 $ 594.1 6,746.0 8,556.0 (3,013.2) (4,287.7) $ (50.5) [1] 114.5
Beginning balance (in shares) at Mar. 31, 2022   950,605            
Beginning balance (in shares) at Mar. 31, 2022 [2]             450  
Beginning balance at Mar. 31, 2022   $ 594.1 6,656.3 9,369.4 (3,013.2) (4,225.3) $ (50.5) [2] 131.2
Increase (Decrease) in Shareholders' Equity [Roll Forward]                
Net income (loss)       952.5       (11.4)
Other comprehensive income (loss), net of tax           (62.4)    
Cash dividends declared       (1,765.9)        
Issuance of stock under employee stock plans, net (in shares)   14            
Issuance of stock under employee stock plans, net     (2.4)          
Stock-based compensation     92.1          
Other               (5.3)
Ending balance (in shares) at Jun. 30, 2022   950,619            
Ending balance (in shares) at Jun. 30, 2022 [2]             450  
Ending balance at Jun. 30, 2022 $ 8,659.2 $ 594.1 $ 6,746.0 $ 8,556.0 $ (3,013.2) $ (4,287.7) $ (50.5) [1] $ 114.5
[1] As of June 30, 2022, there was $3.25 billion remaining under our $5.00 billion share repurchase program authorized in May 2021.
[2] As of June 30, 2022, there was $3.25 billion remaining under our $5.00 billion share repurchase program authorized in May 2021.