Annual report pursuant to Section 13 and 15(d)

Share Repurchase Programs

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Share Repurchase Programs
 12 Months Ended
Dec. 31, 2024
Equity [Abstract]  
Share Repurchase Programs SHARE REPURCHASE PROGRAMS
The following table presents information with respect to common stock repurchased under our share repurchase program (in millions, except per share data):
Year Ended December 31,
2024 2023 2022
Total shares repurchased 13.75  9.54  9.35 
Weighted average price paid per share $ 163.72  $ 155.50  $ 146.88 
Total cost of repurchases (1) $ 2,251  $ 1,484  $ 1,373 
(1)Amount excludes associated commission fees and excise taxes incurred, which are excluded costs under the repurchase program.
As of December 31, 2024, we had approximately $3.9 billion remaining under our share repurchase program, subsequent to authorization by our Board of Directors to increase our previous authorization by $4.0 billion on June 14, 2024. Our share repurchase program authorization is effective through December 31, 2027.