v3.26.3
CONSOLIDATED STATEMENTS OF SHAREHOLDERS’ EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Reinvested Earnings
Accumulated Other Comprehensive Income (Loss)
Non-controlling Interests
Beginning balance (in shares) at Dec. 31, 2024   478.0      
Beginning balance at Dec. 31, 2024 $ 22,178 $ 3,223 $ 21,933 $ (2,988) $ 10
Comprehensive income          
Net earnings 621   622   (1)
Other comprehensive income 378     378  
Cash dividends paid (743)   (743)    
Share repurchases 1   1    
Stock compensation expense (in shares)   2.0      
Stock compensation expense 93 $ 93      
Stock option exercises, net of taxes (31) (31)      
Other 5 $ 6     (1)
Ending balance (in shares) at Sep. 30, 2025   480.0      
Ending balance at Sep. 30, 2025 22,502 $ 3,291 21,813 (2,610) 8
Beginning balance (in shares) at Jun. 30, 2025   480.0      
Beginning balance at Jun. 30, 2025 22,438 $ 3,270 21,952 (2,792) 8
Comprehensive income          
Net earnings 109   108   1
Other comprehensive income 182     182  
Cash dividends paid (248)   (248)    
Share repurchases 1   1    
Stock compensation expense 21 21      
Stock option exercises, net of taxes (3) (3)      
Other 2 $ 3     (1)
Ending balance (in shares) at Sep. 30, 2025   480.0      
Ending balance at Sep. 30, 2025 22,502 $ 3,291 21,813 (2,610) 8
Beginning balance (in shares) at Dec. 31, 2025   480.0      
Beginning balance at Dec. 31, 2025 22,740 $ 3,281 21,983 (2,531) 7
Comprehensive income          
Net earnings 2,028   2,027   1
Other comprehensive income 96     96  
Cash dividends paid $ (764)   (764)    
Share repurchases (in shares) (4.4) (4.0)      
Share repurchases $ (360)   (360)    
Stock compensation expense (in shares)   2.0      
Stock compensation expense 176 $ 176      
Stock option exercises, net of taxes (54) (54)      
Other (4) $ 6 (9)   (1)
Ending balance (in shares) at Sep. 30, 2026   478.0      
Ending balance at Sep. 30, 2026 23,858 $ 3,409 22,877 (2,435) 7
Beginning balance (in shares) at Jun. 30, 2026   482.0      
Beginning balance at Jun. 30, 2026 23,580 $ 3,369 22,671 (2,467) 7
Comprehensive income          
Net earnings 821   821    
Other comprehensive income 32     32  
Cash dividends paid $ (254)   (254)    
Share repurchases (in shares) (4.4) (4.0)      
Share repurchases $ (360)   (360)    
Stock compensation expense 38 $ 38      
Stock option exercises, net of taxes (1) (1)      
Other 2 $ 3 (1)    
Ending balance (in shares) at Sep. 30, 2026   478.0      
Ending balance at Sep. 30, 2026 $ 23,858 $ 3,409 $ 22,877 $ (2,435) $ 7