Stockholders' equity (Tables)

9 Months Ended

Sep. 30, 2025

Changes in equity are as follows:


	Common Stock		Paid-in Capital		Retained Earnings		Treasury Common Stock		AOCI
Balance, December 31, 2024	$	1,741	$	3,935	$	52,262	$	(40,895)	$	(140)

2025
Net income	—		—		1,179		—		—
Dividends declared and paid ($1.36 per share)	—		—		(1,238)		—		—
Common stock issued for stock-based awards	—		8		—		110		—
Stock repurchases	—		—		—		(657)		—
Stock compensation	—		116		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		(7)
Dividend equivalents on RSUs	—		—		(7)		—		—
Other	—		(1)		—		—		—
Balance, March 31, 2025	1,741		4,058		52,196		(41,442)		(147)

Net income	—		—		1,295		—		—
Dividends declared and paid ($1.36 per share)	—		—		(1,235)		—		—
Common stock issued for stock-based awards	—		59		—		56		—
Stock repurchases	—		—		—		(290)		—
Stock compensation	—		129		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		(9)
Dividend equivalents on RSUs	—		—		(7)		—		—
Other	—		(1)		—		—		—
Balance, June 30, 2025	1,741		4,245		52,249		(41,676)		(156)

Net income	—		—		1,364		—		—
Dividends declared and paid ($1.36 per share)	—		—		(1,236)		—		—
Common stock issued for stock-based awards	—		72		—		53		—
Stock repurchases	—		—		—		(121)		—
Stock compensation	—		93		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		7
Dividend equivalents on RSUs	—		—		(7)		—		—
Other	—		—		(1)		—		—
Balance, September 30, 2025	$	1,741	$	4,410	$	52,369	$	(41,744)	$	(149)


	Common Stock		Paid-in Capital		Retained Earnings		Treasury Common Stock		AOCI
Balance, December 31, 2023	$	1,741	$	3,362	$	52,283	$	(40,284)	$	(205)

2024
Net income	—		—		1,105		—		—
Dividends declared and paid ($1.30 per share)	—		—		(1,183)		—		—
Common stock issued for stock-based awards	—		(29)		—		94		—
Stock repurchases	—		—		—		(3)		—
Stock compensation	—		106		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		2
Dividend equivalents on RSUs	—		—		(7)		—		—
Other	—		—		1		—		—
Balance, March 31, 2024	1,741		3,439		52,199		(40,193)		(203)

Net income	—		—		1,127		—		—
Dividends declared and paid ($1.30 per share)	—		—		(1,185)		—		—
Common stock issued for stock-based awards	—		111		—		137		—
Stock repurchases	—		—		—		(72)		—
Stock compensation	—		116		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		3
Dividend equivalents on RSUs	—		—		(6)		—		—

Balance, June 30, 2024	1,741		3,666		52,135		(40,128)		(200)

Net income	—		—		1,362		—		—
Dividends declared and paid ($1.30 per share)	—		—		(1,187)		—		—
Common stock issued for stock-based awards	—		62		—		55		—
Stock repurchases	—		—		—		(322)		—
Stock compensation	—		87		—		—		—
Other comprehensive income (loss), net of taxes	—		—		—		—		5
Dividend equivalents on RSUs	—		—		(6)		—		—
Other	—		(2)		—		—		—
Balance, September 30, 2024	$	1,741	$	3,813	$	52,304	$	(40,395)	$	(195)

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