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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common shares:
Other capital:
Retained earnings:
Accumulated other comprehensive loss:
Balance at beginning of period at Dec. 31, 2022   $ 916 $ 7,691 $ 2,389 $ (247)
Issued for exercise of stock options and vested units   2 2    
Repurchases of common shares (Note 4)   (4) (81)    
Share-based compensation     17    
Other transactions, net     (5)    
Net earnings $ 381     381  
Dividends on common shares       (942)  
Other comprehensive income $ 22       22
Dividends paid per common share $ 1.28        
Balance at end of period at Jun. 30, 2023 $ 10,141 914 7,624 1,828 (225)
Balance at beginning of period at Mar. 31, 2023   916 7,662 1,738 (240)
Issued for exercise of stock options and vested units   1 0    
Repurchases of common shares (Note 4)   (3) (47)    
Share-based compensation     9    
Other transactions, net     0    
Net earnings 230     230  
Dividends on common shares       (140)  
Other comprehensive income $ 15       15
Dividends paid per common share $ 0.19        
Balance at end of period at Jun. 30, 2023 $ 10,141 914 7,624 1,828 (225)
Balance at beginning of period at Dec. 31, 2023 10,236 912 7,608 2,009 (293)
Issued for exercise of stock options and vested units   2 3    
Repurchases of common shares (Note 4)   (4) (95)    
Share-based compensation     22    
Other transactions, net     (8)    
Net earnings 287     287  
Dividends on common shares       (399)  
Other comprehensive income $ 1       1
Dividends paid per common share $ 0.54        
Balance at end of period at Jun. 30, 2024 $ 10,045 910 7,530 1,897 (292)
Balance at beginning of period at Mar. 31, 2024   912 7,566 1,870 (294)
Issued for exercise of stock options and vested units   0 1    
Repurchases of common shares (Note 4)   (2) (48)    
Share-based compensation     12    
Other transactions, net     (1)    
Net earnings 173     173  
Dividends on common shares       (146)  
Other comprehensive income $ 2       2
Dividends paid per common share $ 0.2        
Balance at end of period at Jun. 30, 2024 $ 10,045 $ 910 $ 7,530 $ 1,897 $ (292)