1 unchanged sentence
Issuer Purchases of Equity Securities
−Removed: We may repurchase shares of our common stock from time to time pursuant to our $5.0 billion common stock repurchase authorization, which was approved by our Board of Directors in April 2025 and replaced our prior $4.0 billion repurchase authorization.
+Added: We may repurchase shares of our common stock from time to time pursuant to our $5.0 billion common stock repurchase authorization, which was approved by our Board of Directors in April 2025.
The authorization has no expiration date.
−Removed: During the three months ended June 30, 2025, we repurchased 9.7 million shares of our common stock at a total cost, including commissions and excise taxes, of $1.2 billion.
−Removed: At June 30, 2025, there was $4.0 billion remaining on the repurchase authorization.
+Added: During the three months ended December 31, 2025, we repurchased 4.4 million shares of our common stock at a total cost including commissions and excise taxes of $669.7 million.
+Added: At December 31, 2025, there was $2.6 billion remaining on the repurchase authorization.
The following table sets forth additional information concerning our common stock repurchases during the quarter.
3 unchanged sentences
(In millions)
−Removed: April 2025 2,458,439 $ 123.15 2,458,439 $ 4,873.5
−Removed: May 2025 4,415,656 123.49 4,415,656 4,328.2
−Removed: June 2025 2,840,558 125.12 2,840,558 3,972.8
+Added: October 2025 1,764,930 $ 157.93 1,764,930 $ 3,005.3
+Added: November 2025 2,013,300 146.20 2,013,300 2,711.0
+Added: December 2025 632,079 152.96 632,079 2,614.3
Total 4,410,309 $ 151.86 4,410,309 $ 2,614.3
−Removed: ____________________________
−Removed: (1) Our $5.0 billion common stock repurchase authorization was in effect for much of the quarter;
−Removed: however, share repurchases in April 2025 included 1,449,200 shares purchased for $176.3 million under the previous authorization.
The share repurchases may be effected through Rule 10b5-1 plans or open market purchases, each in compliance with Rule 10b-18 under the Securities Exchange Act of 1934, as amended (Exchange Act).
−Removed: Shares repurchased in April and June 2025 included 1,449,200 shares and 1,098,823 shares, respectively, purchased pursuant to a trading plan under Rule 10b5-1 of the Exchange Act.
+Added: Shares repurchased in October and December 2025 included 1,389,930 shares and 257,079 shares, respectively, purchased pursuant to a trading plan under Rule 10b5-1 of the Exchange Act.
Compared sentence by sentence after normalising whitespace, quotation marks, case and digits, so re-formatting and restated figures do not read as changed language. Wording changes appear as one removal and one addition. The current filing and the prior one are authoritative.