Item 1A. Risk Factors.

For the three and nine months ended September 30, 2021 there were no material changes from risk factors disclosed in Part I, Item 1A of the Company’s Annual Report on Form 10-K for the year ended December 31, 2020.

**Item 2.**Unregistered Sales of Equity Securities and Use of Proceeds.

Issuer Purchases of Equity Securities


	(a)	(b)		(c)	(d)
Total Number of Shares Purchased	Average Price Paid per Share	Total Number of Shares Purchased as Part of Publicly Announced Program		Approximate Dollar Value (in thousands) of Shares that may yet be Purchased under the Program


July 1 to July 31, 2021	46,649	$	1,438.80	46,649	$	2,516,308
August 1 to August 31, 2021	64,519	$	1,525.25	64,519	$	2,417,900
September 1 to September 30, 2021	55,604	$	1,564.10	55,604	$	2,330,928
Total	166,772	$	1,514.02	166,772	$	2,330,928

In November 2020, the Company's Board of Directors authorized an additional $2.5 billion to the share repurchase program, which has $2.3 billion of remaining availability as of September 30, 2021. We have purchased 30.0 million shares since the inception of the program through September 30, 2021.

During the nine months ended September 30, 2021 and 2020, we spent $727.5 million and $400.0 million on the repurchase of 557,310 and 475,530 shares at an average price per share of $1,305.35 and $841.14, respectively. We also reissued 71,124 shares and 144,776 shares held in treasury upon the exercise of stock options and vesting of restricted stock units during the nine months ended September 30, 2021 and 2020, respectively.

**Item 3.**Defaults Upon Senior Securities. None

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