v3.23.2
CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Common Stock Shares
Treasury Stock
Additional Paid-In Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Beginning balance (in shares) at Dec. 31, 2021   1,168,000,000        
Beginning balance at Dec. 31, 2021 $ 21,727   $ (11,880) $ 17,208 $ (136) $ 16,535
Increase (Decrease) in Stockholders' Equity            
Net income (loss) 509         509
Foreign CTA (95)       (95)  
Net investment hedges CTA gains, net 21       21  
Tax expense on net investment hedges CTA gains, net (5)       (5)  
Unrealized gains (losses) on cash flow hedges, net (3)       (3)  
Unrealized gains (losses) on investments, net (293)       (293)  
Tax (expense) benefit on unrealized gains (losses) on investments, net 67       67  
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes (in shares)   4,000,000        
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes (273)     (273)    
Common stock repurchased (in shares)   (11,000,000)        
Common stock repurchased (1,500)   (1,500)      
Stock-based compensation 447     447    
Other 1     1    
Ending balance (in shares) at Mar. 31, 2022   1,161,000,000        
Ending balance at Mar. 31, 2022 20,603   (13,380) 17,383 (444) 17,044
Beginning balance (in shares) at Dec. 31, 2021   1,168,000,000        
Beginning balance at Dec. 31, 2021 21,727   (11,880) 17,208 (136) 16,535
Increase (Decrease) in Stockholders' Equity            
Net income (loss) 168          
Foreign CTA (395)          
Net investment hedges CTA gains, net 156          
Tax expense on net investment hedges CTA gains, net (36)          
Unrealized gains (losses) on cash flow hedges, net 210          
Tax benefit (expense) on unrealized gains (losses) on cash flow hedges, net (11)          
Unrealized gains (losses) on investments, net (457)          
Tax (expense) benefit on unrealized gains (losses) on investments, net 105          
Ending balance (in shares) at Jun. 30, 2022   1,156,000,000        
Ending balance at Jun. 30, 2022 19,767   (14,130) 17,758 (564) 16,703
Beginning balance (in shares) at Mar. 31, 2022   1,161,000,000        
Beginning balance at Mar. 31, 2022 20,603   (13,380) 17,383 (444) 17,044
Increase (Decrease) in Stockholders' Equity            
Net income (loss) (341)         (341)
Foreign CTA (300)       (300)  
Net investment hedges CTA gains, net 135       135  
Tax expense on net investment hedges CTA gains, net (31)       (31)  
Unrealized gains (losses) on cash flow hedges, net 213       213  
Tax benefit (expense) on unrealized gains (losses) on cash flow hedges, net (11)       (11)  
Unrealized gains (losses) on investments, net (164)       (164)  
Tax (expense) benefit on unrealized gains (losses) on investments, net 38       38  
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes (in shares)   3,000,000        
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes 51     51    
Common stock repurchased (in shares)   (8,000,000)        
Common stock repurchased (750)   (750)      
Stock-based compensation 324     324    
Ending balance (in shares) at Jun. 30, 2022   1,156,000,000        
Ending balance at Jun. 30, 2022 $ 19,767   (14,130) 17,758 (564) 16,703
Beginning balance (in shares) at Dec. 31, 2022 1,136,000,000 1,136,000,000        
Beginning balance at Dec. 31, 2022 $ 20,274   (16,079) 18,327 (928) 18,954
Increase (Decrease) in Stockholders' Equity            
Net income (loss) 795         795
Foreign CTA (20)       (20)  
Net investment hedges CTA gains, net 27       27  
Tax expense on net investment hedges CTA gains, net (6)       (6)  
Unrealized gains (losses) on cash flow hedges, net (111)       (111)  
Tax benefit (expense) on unrealized gains (losses) on cash flow hedges, net 6       6  
Unrealized gains (losses) on investments, net 175       175  
Tax (expense) benefit on unrealized gains (losses) on investments, net (41)       (41)  
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes (in shares)   5,000,000        
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes (157)     (157)    
Common stock repurchased (in shares)   (19,000,000)        
Common stock repurchased (1,443)   (1,443)      
Stock-based compensation 359     359    
Ending balance (in shares) at Mar. 31, 2023   1,122,000,000        
Ending balance at Mar. 31, 2023 $ 19,858   (17,522) 18,529 (898) 19,749
Beginning balance (in shares) at Dec. 31, 2022 1,136,000,000 1,136,000,000        
Beginning balance at Dec. 31, 2022 $ 20,274   (16,079) 18,327 (928) 18,954
Increase (Decrease) in Stockholders' Equity            
Net income (loss) 1,824          
Foreign CTA (236)          
Net investment hedges CTA gains, net 196          
Tax expense on net investment hedges CTA gains, net (45)          
Unrealized gains (losses) on cash flow hedges, net (134)          
Tax benefit (expense) on unrealized gains (losses) on cash flow hedges, net 7          
Unrealized gains (losses) on investments, net 188          
Tax (expense) benefit on unrealized gains (losses) on investments, net $ (44)          
Ending balance (in shares) at Jun. 30, 2023 1,102,000,000 1,102,000,000        
Ending balance at Jun. 30, 2023 $ 19,661   (19,064) 18,943 (996) 20,778
Beginning balance (in shares) at Mar. 31, 2023   1,122,000,000        
Beginning balance at Mar. 31, 2023 19,858   (17,522) 18,529 (898) 19,749
Increase (Decrease) in Stockholders' Equity            
Net income (loss) 1,029         1,029
Foreign CTA (216)       (216)  
Net investment hedges CTA gains, net 169       169  
Tax expense on net investment hedges CTA gains, net (39)       (39)  
Unrealized gains (losses) on cash flow hedges, net (23)       (23)  
Tax benefit (expense) on unrealized gains (losses) on cash flow hedges, net 1       1  
Unrealized gains (losses) on investments, net 13       13  
Tax (expense) benefit on unrealized gains (losses) on investments, net (3)       (3)  
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes (in shares)   2,000,000        
Common stock and stock-based awards issued and assumed, net of shares withheld for employee taxes 39     39    
Common stock repurchased (in shares)   (22,000,000)        
Common stock repurchased (1,542)   (1,542)      
Stock-based compensation $ 375     375    
Ending balance (in shares) at Jun. 30, 2023 1,102,000,000 1,102,000,000        
Ending balance at Jun. 30, 2023 $ 19,661   $ (19,064) $ 18,943 $ (996) $ 20,778