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CONSOLIDATED STATEMENT OF EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Common Stock
Additional Paid-In Capital
Retained Earnings
Treasury Stock
Capital Stock Expense
Accumulated Other Comprehensive Income (Loss)
Non- controlling Interest
Beginning balance (shares) at Dec. 31, 2022   355            
Beginning balance at Dec. 31, 2022 $ 20,889 $ 37 $ 9,803 $ 11,985 $ (1,038) $ (122) $ 22 $ 202
Beginning balance (shares) at Dec. 31, 2022         23      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 1,430     1,433       (3)
Common stock dividends (288)     (288)        
Issuance of common shares for stock plans 15   15          
Common stock repurchases (in shares)   (9)     9      
Common stock repurchases (1,008)   (200)   $ (808)      
Other comprehensive income (loss) 4           4  
Distributions to noncontrolling interest (4)             (4)
Disposal of the Clean Energy Businesses (195)             (195)
Ending balance (shares) at Mar. 31, 2023   346            
Ending balance at Mar. 31, 2023 20,843 $ 37 9,618 13,130 $ (1,846) (122) 26 0
Ending balance (shares) at Mar. 31, 2023         32      
Beginning balance (shares) at Dec. 31, 2022   355            
Beginning balance at Dec. 31, 2022 20,889 $ 37 9,803 11,985 $ (1,038) (122) 22 202
Beginning balance (shares) at Dec. 31, 2022         23      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 1,655              
Ending balance (shares) at Jun. 30, 2023   344            
Ending balance at Jun. 30, 2023 20,805 $ 37 9,807 13,075 $ (2,017) (122) 25 0
Ending balance (shares) at Jun. 30, 2023         34      
Beginning balance (shares) at Mar. 31, 2023   346            
Beginning balance at Mar. 31, 2023 20,843 $ 37 9,618 13,130 $ (1,846) (122) 26 0
Beginning balance (shares) at Mar. 31, 2023         32      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 226     226      
Common stock dividends (281)     (281)        
Issuance of common shares for stock plans 20   20          
Common stock repurchases (in shares)   (2)     2      
Common stock repurchases (2)   169   $ (171)      
Other comprehensive income (loss) (1)           (1)  
Ending balance (shares) at Jun. 30, 2023   344            
Ending balance at Jun. 30, 2023 20,805 $ 37 9,807 13,075 $ (2,017) (122) 25 0
Ending balance (shares) at Jun. 30, 2023         34      
Beginning balance (shares) at Dec. 31, 2023   345            
Beginning balance at Dec. 31, 2023 21,158 $ 37 9,861 13,377 $ (2,017) (122) 22 0
Beginning balance (shares) at Dec. 31, 2023         34      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 720     720        
Common stock dividends (287)     (287)        
Issuance of common shares for stock plans (in shares)   1            
Issuance of common shares for stock plans 28 $ 1 27          
Other comprehensive income (loss) (4)           (4)  
Ending balance (shares) at Mar. 31, 2024   346            
Ending balance at Mar. 31, 2024 21,615 $ 38 9,888 13,810 $ (2,017) (122) 18 0
Ending balance (shares) at Mar. 31, 2024         34      
Beginning balance (shares) at Dec. 31, 2023   345            
Beginning balance at Dec. 31, 2023 21,158 $ 37 9,861 13,377 $ (2,017) (122) 22 0
Beginning balance (shares) at Dec. 31, 2023         34      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 922              
Ending balance (shares) at Jun. 30, 2024   346            
Ending balance at Jun. 30, 2024 21,560 $ 38 9,918 13,725 $ (2,017) (122) 18 0
Ending balance (shares) at Jun. 30, 2024         34      
Beginning balance (shares) at Mar. 31, 2024   346            
Beginning balance at Mar. 31, 2024 21,615 $ 38 9,888 13,810 $ (2,017) (122) 18 0
Beginning balance (shares) at Mar. 31, 2024         34      
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income (loss) 202     202        
Common stock dividends (287)     (287)        
Issuance of common shares for stock plans 30   30          
Ending balance (shares) at Jun. 30, 2024   346            
Ending balance at Jun. 30, 2024 $ 21,560 $ 38 $ 9,918 $ 13,725 $ (2,017) $ (122) $ 18 $ 0
Ending balance (shares) at Jun. 30, 2024         34