v3.26.1
Profit Per Share (Tables)
3 Months Ended
Mar. 31, 2026
Earnings Per Share Reconciliation [Abstract]  
Computations of profit per share
Computations of profit per share:Three Months Ended March 31,
(Dollars in millions except per share data)20262025
Profit for the period (A) 1
$2,549 $2,003 
Determination of shares (in millions):
Weighted-average number of common shares outstanding (B)463.4474.9
Shares issuable on exercise of stock awards, net of shares assumed to be purchased out of proceeds at average market price2.42.2
Average common shares outstanding for fully diluted computation (C) 2
465.8477.1
Profit per share of common stock:
Basic (A/B)$5.50 $4.22 
Diluted (A/C) 2
$5.47 $4.20 
Shares outstanding as of March 31, (in millions)460.6 471.0 
1 Profit attributable to common shareholders.
2 Diluted by assumed exercise of stock-based compensation awards using the treasury stock method.