v3.26.1
Condensed Consolidated Statements of Stockholders’ Equity - USD ($)
$ in Millions
Total
Common stock:
Paid-in capital:
Retained earnings:
Treasury shares:
Accumulated other comprehensive loss:
Beginning balance at Dec. 31, 2024   $ 0 $ 908 $ 5,887 $ (407) $ (955)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Total other comprehensive (loss) income $ 5          
Ending balance at Mar. 31, 2025   0 918 6,065 (610) (950)
Beginning balance at Dec. 31, 2024   0 908 5,887 (407) (955)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common stock issued   0        
Share-based compensation expense     15      
Net earnings 979     979    
Cash dividends declared of $0.89, $0.83, $1.78 and $1.66, respectively       (328)    
Shares issued under employee stock plans       (3) 3  
Other       0    
Share repurchases         (428)  
Total other comprehensive (loss) income 55         55
Ending balance at Jun. 30, 2025 $ 5,726 0 923 6,535 (832) (900)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Cash dividends declared (in usd per share) $ 1.66          
Beginning balance at Mar. 31, 2025   0 918 6,065 (610) (950)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common stock issued   0        
Share-based compensation expense     5      
Net earnings $ 634     634    
Cash dividends declared of $0.89, $0.83, $1.78 and $1.66, respectively       (163)    
Shares issued under employee stock plans       (1) 2  
Other       0    
Share repurchases         (224)  
Total other comprehensive (loss) income 50         50
Ending balance at Jun. 30, 2025 $ 5,726 0 923 6,535 (832) (900)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Cash dividends declared (in usd per share) $ 0.83          
Beginning balance at Dec. 31, 2025 $ 5,857 0 996 7,167 (1,274) (1,032)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Total other comprehensive (loss) income (7)          
Ending balance at Mar. 31, 2026   0 1,011 7,403 (1,501) (1,039)
Beginning balance at Dec. 31, 2025 5,857 0 996 7,167 (1,274) (1,032)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common stock issued   0        
Share-based compensation expense     35      
Net earnings 1,080     1,080    
Cash dividends declared of $0.89, $0.83, $1.78 and $1.66, respectively       (345)    
Shares issued under employee stock plans       (13) 30  
Other       0    
Share repurchases         (425)  
Total other comprehensive (loss) income (18)         (18)
Ending balance at Jun. 30, 2026 $ 6,201 0 1,031 7,889 (1,669) (1,050)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Cash dividends declared (in usd per share) $ 1.78          
Beginning balance at Mar. 31, 2026   0 1,011 7,403 (1,501) (1,039)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Common stock issued   0        
Share-based compensation expense     20      
Net earnings $ 666     666    
Cash dividends declared of $0.89, $0.83, $1.78 and $1.66, respectively       (172)    
Shares issued under employee stock plans       (13) 30  
Other       5    
Share repurchases         (198)  
Total other comprehensive (loss) income (11)         (11)
Ending balance at Jun. 30, 2026 $ 6,201 $ 0 $ 1,031 $ 7,889 $ (1,669) $ (1,050)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Cash dividends declared (in usd per share) $ 0.89