STOCK REPURCHASE PROGRAMS |
6 Months Ended |
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Jun. 30, 2023 | |
| Equity [Abstract] | |
| STOCK REPURCHASE PROGRAMS | STOCK REPURCHASE PROGRAMS During the six months ended June 30, 2023, we repurchased approximately 41 million shares of our common stock for approximately $3.0 billion at an average price of $72.42, excluding excise tax. These shares were purchased in the open market under our stock repurchase programs authorized in July 2018 and June 2022. As of June 30, 2023, a total of approximately $12.9 billion remained available for future repurchases of our common stock under our June 2022 stock repurchase program. The Inflation Reduction Act of 2022 imposed a nondeductible 1% excise tax on the net value of certain stock repurchases made after December 31, 2022. Beginning in the first quarter of 2023, we reflected the applicable excise tax in treasury stock on our condensed consolidated balance sheet. During the six months ended June 30, 2023, we recorded $24 million in excise tax within treasury stock on our condensed consolidated balance sheet.
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