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CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Unaudited) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock Issued
Treasury stock
Retained Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interests
Balance at Dec. 31, 2021 $ 15,286 $ 12,608 $ (2,233) $ 8,199 $ (3,570) $ 282
Net income 1,490     1,469   21
Currency translation adjustments 110       110  
Changes in fair value of cash flow hedges (25)       (25)  
Pension and other postretirement benefit plans 21       21  
Shares sold to optionees, less shares exchanged 29 (24) 53      
Vesting of restricted stock, net of taxes withheld (85) (658) 573      
Employee stock purchase plan 64 (104) 168      
Stock-based compensation expense 160 160        
Dividends declared (424)     (424)    
Dividends paid to noncontrolling interests (4)         (4)
Other 3 (1) 3     1
Balance at Jun. 30, 2022 16,625 11,981 (1,436) 9,244 (3,464) 300
Balance at Mar. 31, 2022 15,639 11,957 (1,503) 8,532 (3,639) 292
Net income 970     959   11
Currency translation adjustments 216       216  
Changes in fair value of cash flow hedges (51)       (51)  
Pension and other postretirement benefit plans 10       10  
Shares sold to optionees, less shares exchanged 23 (18) 41      
Vesting of restricted stock, net of taxes withheld (4) (27) 23      
Stock-based compensation expense 71 71        
Dividends declared (247)     (247)    
Dividends paid to noncontrolling interests (4)         (4)
Other 2 (2) 3     1
Balance at Jun. 30, 2022 16,625 11,981 (1,436) 9,244 (3,464) 300
Balance at Dec. 31, 2022 $ 17,989 $ 11,837 $ (1,016) 10,719 (3,855) 304
Balance, shares at Dec. 31, 2022 1,420 1,434        
Treasury shares , Balance at Dec. 31, 2022     (14)      
Net income $ 1,990     1,967   23
Currency translation adjustments (77)       (77)  
Changes in fair value of cash flow hedges 58       58  
Pension and other postretirement benefit plans (12)       (12)  
Shares sold to optionees, less shares exchanged $ 38 $ (31) $ 69      
Shares sold to optionees, less shares exchanged, shares 1   1      
Vesting of restricted stock, net of taxes withheld $ (144) (573) $ 429      
Vesting of restricted stock, shares 6   6      
Employee stock purchase plan $ 86 (123) $ 209      
Shares issued under employee stock purchase plan, shares 3   3      
Stock repurchase program $ (443)   $ (443)      
Stock repurchase program, shares (9)   (9)      
Stock-based compensation expense $ 160 160        
Dividends declared (712)     (712)    
Dividends paid to noncontrolling interests (2)         (2)
Other 3   $ 2     1
Balance at Jun. 30, 2023 $ 18,934 $ 11,270 $ (750) 11,974 (3,886) 326
Balance, shares at Jun. 30, 2023 1,421 1,434        
Treasury shares, Balance at Jun. 30, 2023     (13)      
Balance at Mar. 31, 2023 $ 18,380 $ 11,264 $ (559) 11,296 (3,933) 312
Net income 1,047     1,033   14
Currency translation adjustments (43)       (43)  
Changes in fair value of cash flow hedges 96       96  
Pension and other postretirement benefit plans (6)       (6)  
Shares sold to optionees, less shares exchanged 3 (3) 6      
Vesting of restricted stock, net of taxes withheld (56) (70) 14      
Stock repurchase program (213)   (213)      
Stock-based compensation expense 79 79        
Dividends declared (355)     (355)    
Other 2   2      
Balance at Jun. 30, 2023 $ 18,934 $ 11,270 $ (750) $ 11,974 $ (3,886) $ 326
Balance, shares at Jun. 30, 2023 1,421 1,434        
Treasury shares, Balance at Jun. 30, 2023     (13)