v3.26.3
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Noncontrolling Interests
Balance, December 31, 2025 at Dec. 31, 2024 $ 8,254 $ 6 $ 5,496 $ 15,858 $ (115) $ (12,993) $ 2
Beginning balance, common shares (in shares) at Dec. 31, 2024   630,282,000          
Beginning balance, treasury shares (in shares) at Dec. 31, 2024           (228,788,000)  
Equity roll forward              
Consolidated net income 1,967     1,966     1
Other comprehensive income (loss), net of tax 84       84    
Cash dividends declared (1,001)     (1,001)      
Equity-based compensation transactions, net 218   144     $ 74  
Equity-based compensation transactions, net (in shares)           1,365,000  
Other, net (2)           (2)
Other, net, (in shares)           2,000  
Balance, September 30, 2026 at Sep. 30, 2025 $ 9,520 $ 6 5,640 16,823 (31) $ (12,919) 1
Ending balance, common shares (in shares) at Sep. 30, 2025 402,900,000 630,282,000          
Ending balance, treasury shares (in shares) at Sep. 30, 2025           (227,421,000)  
Balance, December 31, 2025 at Jun. 30, 2025 $ 9,202 $ 6 5,566 16,553 9 $ (12,933) 1
Beginning balance, common shares (in shares) at Jun. 30, 2025   630,282,000          
Beginning balance, treasury shares (in shares) at Jun. 30, 2025           (227,680,000)  
Equity roll forward              
Consolidated net income 603     603      
Other comprehensive income (loss), net of tax (40)       (40)    
Cash dividends declared (332)     (332)      
Equity-based compensation transactions, net 87   74 (1)   $ 14  
Equity-based compensation transactions, net (in shares)           258,000  
Other, net, (in shares)           1,000  
Balance, September 30, 2026 at Sep. 30, 2025 $ 9,520 $ 6 5,640 16,823 (31) $ (12,919) 1
Ending balance, common shares (in shares) at Sep. 30, 2025 402,900,000 630,282,000          
Ending balance, treasury shares (in shares) at Sep. 30, 2025           (227,421,000)  
Balance, December 31, 2025 at Dec. 31, 2025 $ 9,991 $ 6 5,676 17,232 (10) $ (12,914) 1
Beginning balance, common shares (in shares) at Dec. 31, 2025   630,282,000          
Beginning balance, treasury shares (in shares) at Dec. 31, 2025 (227,340,757)         (227,341,000)  
Equity roll forward              
Consolidated net income $ 2,329     2,328     1
Other comprehensive income (loss), net of tax (80)       (80)    
Cash dividends declared (1,141)     (1,141)      
Equity-based compensation transactions, net 226   156     $ 70  
Equity-based compensation transactions, net (in shares)           1,207,000  
Common stock repurchase program (1,600)         $ (1,600)  
Common stock repurchase program, (in shares)           (7,065,000)  
Acquisitions     107     $ 37  
Acquisitions (in shares)           632,000  
Other, net (1)           (1)
Other, net, (in shares)           2,000  
Balance, September 30, 2026 at Sep. 30, 2026 $ 9,868 $ 6 5,939 18,419 (90) $ (14,407) 1
Ending balance, common shares (in shares) at Sep. 30, 2026 397,700,000 630,282,000          
Ending balance, treasury shares (in shares) at Sep. 30, 2026 (232,564,661)         (232,565,000)  
Balance, December 31, 2025 at Jun. 30, 2026 $ 9,926 $ 6 5,864 17,977 (71) $ (13,851) 1
Beginning balance, common shares (in shares) at Jun. 30, 2026   630,282,000          
Beginning balance, treasury shares (in shares) at Jun. 30, 2026           (230,315,000)  
Equity roll forward              
Consolidated net income 820     820      
Other comprehensive income (loss), net of tax (19)       (19)    
Cash dividends declared (377)     (377)      
Equity-based compensation transactions, net 93   75 (1)   $ 19  
Equity-based compensation transactions, net (in shares)           317,000  
Common stock repurchase program (575)         $ (575)  
Common stock repurchase program, (in shares)           (2,568,000)  
Other, net 0            
Other, net, (in shares)           1,000  
Balance, September 30, 2026 at Sep. 30, 2026 $ 9,868 $ 6 $ 5,939 $ 18,419 $ (90) $ (14,407) $ 1
Ending balance, common shares (in shares) at Sep. 30, 2026 397,700,000 630,282,000          
Ending balance, treasury shares (in shares) at Sep. 30, 2026 (232,564,661)         (232,565,000)