v3.26.1
Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings per Share
The following table sets forth the computation of basic earnings per share and earnings per share, assuming dilution.
Second QuartersSix Months
2026202520262025
Numerator (Dollars in Millions):
Net Earnings
$1,002 $829 $1,809 $1,475 
Denominator (Units in Millions):
Average Common Shares Outstanding1,855 1,867 1,858 1,878 
Other Potentially Dilutive Common Shares4 2 2 3 
Average Common Shares Outstanding, Assuming Dilution
1,859 1,869 1,860 1,881 
Net Earnings Per Share, Basic
$0.54 $0.44 $0.97 $0.79 
Net Earnings Per Share, Assuming Dilution
$0.54 $0.44 $0.97 $0.78 
Schedule of Total Average Outstanding Stock Options Excluded from Diluted Earnings Per Share Calculation The total average outstanding stock options that were excluded from the diluted earnings per share calculation because their effect was antidilutive is in the table below.
Second QuartersSix Months
2026202520262025
Antidilutive Stock Options Excluded from Diluted EPS (Units in Millions)
1515
Schedule of Share Repurchase Activity
During second quarters and six months ended June 30, 2026, and June 30, 2025, the Company engaged in the following repurchase activities:

Second QuartersSix Months
2026202520262025
Shares Repurchased (Millions)
6 14 12 38 
Cost of Shares (Dollars in Millions)
$284 $401 $506 $1,152 
Average Price Paid per Share$45.30 $28.28 $42.31 $30.39 
Excise Taxes Paid for Net Share Repurchases (Dollars in Millions) (a)
$12 $20 $12 $20 
(a) Excise tax payments made in 2026 were related to share repurchases in 2025. Excise tax payments made in 2025 were related to share repurchases in 2024.