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Consolidated Statements of Income (Unaudited) - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenue $ 3,968 $ 3,968 $ 12,808 $ 12,388
Expense:        
Compensation and benefits 2,495 2,437 7,479 7,256
Other operating expenses 933 1,064 2,834 3,047
Operating expenses 3,428 3,501 10,313 10,303
Operating income 540 467 2,495 2,085
Other net benefit credits 60 69 187 203
Interest income 1 4 5 34
Interest expense (128) (133) (387) (394)
Cost of extinguishment of debt 0 0 0 (32)
Investment (loss) income (14) 7 (47) 20
Acquisition related derivative contracts 0 0 0 (8)
Income before income taxes 459 414 2,253 1,908
Income tax expense 139 108 586 531
Net income before non-controlling interests 320 306 1,667 1,377
Less: Net income attributable to non-controlling interests 4 3 25 26
Net income attributable to the Company $ 316 $ 303 $ 1,642 $ 1,351
Net income per share attributable to the Company:        
Basic net income per share attributable to the Company (usd per share) $ 0.62 $ 0.60 $ 3.25 $ 2.67
Diluted net income per share attributable to the Company (usd per share) $ 0.62 $ 0.59 $ 3.21 $ 2.64
Average number of shares outstanding:        
Average number of shares outstanding - Basic (in shares) 507 506 506 506
Average number of shares outstanding - Diluted (in shares) 512 511 511 511
Shares outstanding (in shares) 507 505 507 505