Item 1A. RISK FACTORS. We are subject to a number of risks that could materially and adversely affect our business, results of

operations, cash flows, financial condition, and/or future prospects, including those identified in Item 1A. "Risk Factors" in our Annual

Report on Form 10-K for the fiscal year ended on December 31, 2024.

ITEM 2. UNREGISTERED SALES OF EQUITY SECURITIES AND USE OF PROCEEDS**.** There were no unregistered sales of

equity securities during the three months ended March 31, 2025.

On December 10, 2024, we announced that the Board of Directors had authorized up to $6 billion of common stock repurchases, which

commenced in December 2024 and does not have an expiration date. We repurchased 4 million shares for $1,204 million during the three

months ended March 31, 2025 under this authorization.

The following table summarizes the share repurchase activity for the three months ended March 31, 2025:


	Total number of shares purchased (in thousands)	Average price paid per share	Total number of shares purchased as part of our share repurchase authorization (in thousands)	Approximate dollar value of shares that may yet be purchased under our share repurchase authorization (in millions)
January	11	$354.39	11	$5,993
February	552	331.75	552	5,810
March	3,418	297.62	3,418	4,793
Total	3,980	$302.50	3,980

ITEM 3. DEFAULTS UPON SENIOR SECURITIES**.** None.

ITEM 4. MINE SAFETY DISCLOSURES**.** Not applicable.