filings.toolsItem 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 2022 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 first quarter of 2023. 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) | |||||||||||||||||||||||
| January | 499,636 | $ | 100.07 | 499,636 | $ | 5,136 | ||||||||||||||||||||
| February | 1,097,213 | 115.01 | 424,802 | 5,087 | ||||||||||||||||||||||
| March | 690,356 | 101.94 | 513,047 | 5,036 | ||||||||||||||||||||||
| Total | 2,287,205 | 107.80 | 1,437,485 |
(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 672,411 and 177,309 shares withheld in February and March, respectively, to cover taxes on restricted stock units (“RSUs”) whose restrictions have lapsed. See “Part I—Item 2.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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