v3.26.1
Equity and Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Class of Treasury Stock
The following table presents information about our repurchases of common stock:
Six Months Ended June 30,
20262025
(Dollars in millions)
Total number of shares repurchased
28,094,695 30,295,410 
Total cost of shares repurchased
$1,542 $1,262 
Commissions and excise tax included in total cost$15 $12 
Weighted Average Number of Common and Common Equivalent Shares Used in Calculation of Basic and Diluted Earnings Per Share
The weighted average number of common and common equivalent shares used in the calculation of basic and diluted earnings per share consisted of the following:
Three Months Ended
June 30,
Six Months Ended
June 30,
2026202520262025
(In millions)
Weighted-average common shares outstanding (used in the calculation of basic earnings per share)
654 695 661 704 
Potential dilution from stock options and restricted stock and stock units
— 
Weighted-average common and common equivalent shares (used in the calculation of diluted earnings per share)
656 696 663 704 
Antidilutive stock options and restricted stock and stock units excluded from the calculation of diluted earnings per share