XML 98 R86.htm IDEA: XBRL DOCUMENT v3.20.2
Stock-Based Compensation - Stock Options (Details) - Stock Options - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Stock Option Program    
Balance at the beginning of the period 33,675  
Granted - Annual 4,741  
Granted - Other 36  
Exercised (2,132)  
Forfeited (250)  
Balance at the end of the period 36,070  
Options exercisable 28,189  
Options exercisable, exercise price $ 148.59  
Weighted average exercise price - Beginning balance 151.15  
Weighted average exercise price - Granted - Annual 157.26  
Weighted average exercise price - Granted - Other 155.43  
Weighted average exercise price - Exercised 91.51  
Weighted average exercise price - Forfeited 179.87  
Weighted average exercise price - Ending balance $ 155.28  
Weighted average remaining contractual life for options outstanding 65 months  
Weighted average remaining contractual life for options exercisable 54 months  
Aggregate intrinsic value for options outstanding $ 643  
Aggregate intrinsic value for options exercisable $ 629  
Expiration of annual grants 10 years  
Compensation expense yet to be recognized $ 71  
Expense recognition period 21 months  
Total intrinsic value of stock options exercised $ 160 $ 368
Cash received from options exercised 193 304
Tax benefit realized from exercise of stock options $ 34 $ 77
Share- based compensation assumptions    
Weighted average exercise price $ 157.24  
Risk-free interest rate (as a percent) 1.50%  
Dividend yield (as a percent) 2.70%  
Expected volatility (as a percent) 19.70%  
Expected life 78 months  
Black-Scholes fair value $ 21.58  
Maximum    
Stock Option Program    
Vesting period 3 years  
Minimum    
Stock Option Program    
Vesting period 1 year