v3.26.1
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Common Stock [Member]
Additional Paid-In Capital [Member]
Retained Earnings [Member]
Accumulated Other Comprehensive (Loss) Income [Member]
Treasury Stock [Member]
Noncontrolling Interests [Member]
Total
Beginning balance at Dec. 31, 2024 $ 6 $ 5,496 $ 15,858 $ (115) $ (12,993) $ 2 $ 8,254
Beginning balance, common shares at Dec. 31, 2024 630,282,000            
Beginning balance, treasury shares at Dec. 31, 2024         (228,788,000)    
Equity roll forward              
Consolidated net income     1,363     1 1,364
Other comprehensive income (loss), net of tax       124     124
Cash dividends declared     (669)       (669)
Equity-based compensation transactions, net   70 1   $ 60   131
Equity-based compensation transactions, net (in shares)         1,107,000    
Other, net           (2) (2)
Other, net, (in shares)         1,000    
Ending balance at Jun. 30, 2025 $ 6 5,566 16,553 9 $ (12,933) 1 $ 9,202
Ending balance, common shares at Jun. 30, 2025 630,282,000           402,600,000
Ending balance, treasury shares at Jun. 30, 2025         (227,680,000)    
Beginning balance at Mar. 31, 2025 $ 6 5,515 16,160 (87) $ (12,944) 1 $ 8,651
Beginning balance, common shares at Mar. 31, 2025 630,282,000            
Beginning balance, treasury shares at Mar. 31, 2025         (227,911,000)    
Equity roll forward              
Consolidated net income     726     1 727
Other comprehensive income (loss), net of tax       96     96
Cash dividends declared     (333)       (333)
Equity-based compensation transactions, net   51     $ 11   62
Equity-based compensation transactions, net (in shares)         231,000    
Other, net           (1) (1)
Ending balance at Jun. 30, 2025 $ 6 5,566 16,553 9 $ (12,933) 1 $ 9,202
Ending balance, common shares at Jun. 30, 2025 630,282,000           402,600,000
Ending balance, treasury shares at Jun. 30, 2025         (227,680,000)    
Beginning balance at Dec. 31, 2025 $ 6 5,676 17,232 (10) $ (12,914) 1 $ 9,991
Beginning balance, common shares at Dec. 31, 2025 630,282,000            
Beginning balance, treasury shares at Dec. 31, 2025         (227,341,000)   (227,340,757)
Equity roll forward              
Consolidated net income     1,508     1 $ 1,509
Other comprehensive income (loss), net of tax       (61)     (61)
Cash dividends declared     (764)       (764)
Equity-based compensation transactions, net   81 1   $ 51   133
Equity-based compensation transactions, net (in shares)         890,000    
Common stock repurchase program         $ (1,025)   (1,025)
Common stock repurchase program, (in shares)         (4,497,000)    
Acquisitions   107     $ 37   144
Acquisitions (in shares)         632,000    
Other, net           (1) (1)
Other, net, (in shares)         1,000    
Ending balance at Jun. 30, 2026 $ 6 5,864 17,977 (71) $ (13,851) 1 $ 9,926
Ending balance, common shares at Jun. 30, 2026 630,282,000           400,000,000
Ending balance, treasury shares at Jun. 30, 2026         (230,315,000)   (230,314,758)
Beginning balance at Mar. 31, 2026 $ 6 5,708 17,571 (44) $ (13,220) 1 $ 10,022
Beginning balance, common shares at Mar. 31, 2026 630,282,000            
Beginning balance, treasury shares at Mar. 31, 2026         (228,009,000)    
Equity roll forward              
Consolidated net income     785     1 786
Other comprehensive income (loss), net of tax       (27)     (27)
Cash dividends declared     (379)       (379)
Equity-based compensation transactions, net   49     $ 3   52
Equity-based compensation transactions, net (in shares)         59,000    
Common stock repurchase program         $ (671)   (671)
Common stock repurchase program, (in shares)         (2,998,000)    
Acquisitions   107     $ 37   144
Acquisitions (in shares)         632,000    
Other, net           (1) (1)
Other, net, (in shares)         1,000    
Ending balance at Jun. 30, 2026 $ 6 $ 5,864 $ 17,977 $ (71) $ (13,851) $ 1 $ 9,926
Ending balance, common shares at Jun. 30, 2026 630,282,000           400,000,000
Ending balance, treasury shares at Jun. 30, 2026         (230,315,000)   (230,314,758)