Item 1A. Risk Factors
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Item 1A. Risk Factors
We are not aware of any material changes from the risk factors set forth under “Part I—Item 1A. Risk Factors” in our 2021 Form 10-K.
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds
The following table presents information related to the repurchases of shares of our common stock for each calendar month in the third quarter of 2022. Commission costs are excluded from the amounts presented below.
| Total Number of Shares Purchased**(1)** | Average Price per Share | Total Number of Shares Purchased as Part of Publicly Announced Plans**(1)** | Maximum Amount That May Yet be Purchased Under the Plan or Program(1) (in millions) | |||||||||||||||||||||||
| July | 1,846,896 | $ | 107.92 | 1,846,896 | $ | 5,450 | ||||||||||||||||||||
| August | 631,379 | 109.86 | 580,866 | 5,386 | ||||||||||||||||||||||
| September | 498,700 | 100.60 | 497,026 | 5,336 | ||||||||||||||||||||||
| Total | 2,976,975 | 107.11 | 2,924,788 |
(1)In January 2022, our Board of Directors authorized the repurchase of up to $5.0 billion of shares of our common stock. In April 2022, our Board of Directors authorized the repurchase of up to an additional $5.0 billion of shares of our common stock. There were 50,513 and 1,674 shares withheld in August and September, respectively, to cover taxes on restricted stock units (“RSUs”) whose restrictions have lapsed. See “MD&A—Capital Management—Dividend Policy and Stock Purchases” for more information.
Item 3. Defaults Upon Senior Securities
None.
Item 4. Mine Safety Disclosures
Not applicable.
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