v3.24.1.u1
Shareholders' Equity (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
 3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Shareholders' equity activity [Roll Forward]    
Beginning Balance $ 9,433 $ 7,977
Net income (loss) 609 655
Other comprehensive income (loss) 0 1
Cash dividends (151) (145)
Stock Repurchased During Period, Value (250) (100)
Stock plans 41 60
Other 0 3
Ending Balance $ 9,682 $ 8,445
Common Stock, Dividends, Per Share, Declared $ 0.17 $ 0.16
Stock Repurchased During Period, Shares 7.0 2.9
Common Shares    
Shareholders' equity activity [Roll Forward]    
Beginning Balance $ 2,663 $ 2,664
Net income (loss) 0 0
Other comprehensive income (loss) 0 0
Cash dividends 0 0
Stock Repurchased During Period, Value 0 0
Stock plans 1 0
Other 0 0
Ending Balance 2,662 2,664
Paid-in Capital in Excess of Par Value    
Shareholders' equity activity [Roll Forward]    
Beginning Balance 63 50
Net income (loss) 0 0
Other comprehensive income (loss) 0 0
Cash dividends 0 0
Stock Repurchased During Period, Value 0 0
Stock plans 63 50
Other 0 0
Ending Balance 0 0
Retained Earnings    
Shareholders' equity activity [Roll Forward]    
Beginning Balance 12,536 10,572
Net income (loss) 606 651
Other comprehensive income (loss) 0 0
Cash dividends (151) (145)
Stock Repurchased During Period, Value 0 0
Stock plans 3 [1] 3
Other 0 0
Ending Balance 12,988 11,075
Accumulated Other Comprehensive Income (Loss)    
Shareholders' equity activity [Roll Forward]    
Beginning Balance (331) (230)
Net income (loss) 0 0
Other comprehensive income (loss) (1) 1
Cash dividends 0 0
Stock Repurchased During Period, Value 0 0
Stock plans 0 0
Other 0 0
Ending Balance (332) (229)
Noncontrolling Interest in Consolidated Subsidiaries    
Shareholders' equity activity [Roll Forward]    
Beginning Balance 42 29
Net income (loss) 3 4
Other comprehensive income (loss) 1 0
Cash dividends 0 0
Stock Repurchased During Period, Value 0 0
Stock plans 0 0
Other 0 3
Ending Balance 46 30
Treasury Stock, Common    
Shareholders' equity activity [Roll Forward]    
Beginning Balance (5,540) (5,108)
Net income (loss) 0 0
Other comprehensive income (loss) 0 0
Cash dividends 0 0
Stock Repurchased During Period, Value 250 100
Stock plans 108 113
Other 0 0
Ending Balance $ (5,682) $ (5,095)
[1]
In the first quarter of 2024, we issued common stock from treasury shares for stock options exercised, restricted stock grants, performance shares under our performance unit program, and purchases under our employee stock purchase plan. As a result, additional paid in capital was reduced to zero, which resulted in a reduction of retained earnings by $3 million. Future issuances from treasury shares could similarly impact additional paid in capital and retained earnings.