v3.26.1
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Reinvested Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Balance (in shares) at Dec. 31, 2024   478      
Balance at Dec. 31, 2024 $ 22,178 $ 3,223 $ 21,933 $ (2,988) $ 10
Comprehensive income          
Net earnings 294   295   (1)
Other comprehensive income (loss) (120)     (120)  
Cash dividends paid (247)   (247)    
Stock compensation expense (in shares)   2      
Stock compensation expense 50 $ 50      
Stock option exercises, net of taxes (30) (30)      
Other 2 $ 3     (1)
Balance (in shares) at Mar. 31, 2025   480      
Balance at Mar. 31, 2025 22,127 $ 3,246 21,981 (3,108) 8
Balance (in shares) at Dec. 31, 2025   480      
Balance at Dec. 31, 2025 22,740 $ 3,281 21,983 (2,531) 7
Comprehensive income          
Net earnings 298   298    
Other comprehensive income 20     20  
Other comprehensive income (loss) 18     20  
Cash dividends paid (254)   (254)    
Stock compensation expense (in shares)   2      
Stock compensation expense 64 $ 64      
Stock option exercises, net of taxes (52) (52)      
Other (5) $ 3 (8)    
Balance (in shares) at Mar. 31, 2026   482      
Balance at Mar. 31, 2026 $ 22,811 $ 3,296 $ 22,019 $ (2,511) $ 7