v3.24.1.u1
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
Beginning balance (in shares) at Dec. 31, 2022     198,667          
Beginning balance 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 1,238 1,239     1,239     (1)
Distribution from noncontrolling interest holders, net 4             4
Acquisition (5)             (5)
Other comprehensive income (loss) 191 191       191    
Common stock repurchases (94) (94)         (94)  
Dividends and dividend equivalents (112) (112)     (112)      
Stock-based compensation 38 38   38        
Restricted stock unit vesting 0     (24)     24  
Stock option exercises 4 4   2     2  
Ending balance (in shares) at Mar. 31, 2023     198,667          
Ending balance at Mar. 31, 2023 16,634 16,577 $ 33 3,262 26,619 (1,113) (12,224) 57
Beginning balance (in shares) at Dec. 31, 2023     198,690          
Beginning balance at Dec. 31, 2023 16,318 16,262 $ 33 3,346 27,540 (999) (13,658) 56
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 739 741     741     (2)
Distribution from noncontrolling interest holders, net 2             2
Other comprehensive income (loss) (87) (87)       (87)    
Common stock repurchases (723) (723)         (723)  
Dividends and dividend equivalents (108) (108)     (108)      
Stock-based compensation 45 45   45        
Restricted stock unit vesting (in shares)     1          
Restricted stock unit vesting 0     (22)     22  
Ending balance (in shares) at Mar. 31, 2024     198,691          
Ending balance at Mar. 31, 2024 $ 16,186 $ 16,130 $ 33 $ 3,369 $ 28,173 $ (1,086) $ (14,359) $ 56