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Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
$ in Millions
Total
Total Stockholders’ Equity
Preferred Stock
Common Stock
Capital in Excess of Par Value
Retained Deficit
AOCI*
Treasury Stock
Noncontrolling Interests
Period Start at Dec. 31, 2021 $ 14,101 $ 11,423 $ 35 $ 1,250 $ 24,449 $ (13,237) $ (33) $ (1,041) $ 2,678
Net income (loss) 799 780 0 0 0 780 0 0 19
Other comprehensive income (loss) 10 10 0 0 0 0 10 0 0
Cash dividends – common stock ($0.895 per share) (1,035) (1,035) 0 0 0 (1,035) 0 0 0
Dividends and distributions to noncontrolling interests (95) 0 0 0 0 0 0 0 (95)
Stock-based compensation and related common stock issuances, net of tax 54 54 0 3 51 0 0 0 0
Contributions from noncontrolling interests 8 0 0 0 0 0 0 0 8
Other (6) (6) 0 0 0 (6) 0 0 0
Net increase (decrease) in equity (265) (197) 0 3 51 (261) 10 0 (68)
Period End at Jun. 30, 2022 13,836 11,226 35 1,253 24,500 (13,498) (23) (1,041) 2,610
Period Start at Mar. 31, 2022 13,971 11,316 35 1,252 24,476 (13,378) (28) (1,041) 2,655
Net income (loss) 407 400 0 0 0 400 0 0 7
Other comprehensive income (loss) 5 5 0 0 0 0 5 0 0
Cash dividends – common stock ($0.895 per share) (517) (517) 0 0 0 (517) 0 0 0
Dividends and distributions to noncontrolling interests (58) 0 0 0 0 0 0 0 (58)
Stock-based compensation and related common stock issuances, net of tax 25 25 0 1 24 0 0 0 0
Contributions from noncontrolling interests 5 0 0 0 0 0 0 0 5
Other (2) (3) 0 0 0 (3) 0 0 1
Net increase (decrease) in equity (135) (90) 0 1 24 (120) 5 0 (45)
Period End at Jun. 30, 2022 13,836 11,226 35 1,253 24,500 (13,498) (23) (1,041) 2,610
Period Start at Dec. 31, 2022 14,045 11,485 35 1,253 24,542 (13,271) (24) (1,050) 2,560
Net income (loss) 1,451 1,387 0 0 0 1,387 0 0 64
Other comprehensive income (loss) 36 36 0 0 0 0 36 0 0
Cash dividends – common stock ($0.895 per share) (1,091) (1,091) 0 0 0 (1,091) 0 0 0
Dividends and distributions to noncontrolling interests (112) 0 0 0 0 0 0 0 (112)
Stock-based compensation and related common stock issuances, net of tax (1) (1) 0 3 (4) 0 0 0 0
Contributions from noncontrolling interests 18 0 0 0 0 0 0 0 18
Purchases of treasury stock (130) (130) 0 0 0 0 0 (130) 0
Other (7) (7) 0 0 0 (7) 0 0 0
Net increase (decrease) in equity 164 194 0 3 (4) 289 36 (130) (30)
Period End at Jun. 30, 2023 14,209 11,679 35 1,256 24,538 (12,982) 12 (1,180) 2,530
Period Start at Mar. 31, 2023 14,323 11,785 35 1,256 24,516 (12,895) (3) (1,124) 2,538
Net income (loss) 494 460 0 0 0 460 0 0 34
Other comprehensive income (loss) 15 15 0 0 0 0 15 0 0
Cash dividends – common stock ($0.895 per share) (545) (545) 0 0 0 (545) 0 0 0
Dividends and distributions to noncontrolling interests (58) 0 0 0 0 0 0 0 (58)
Stock-based compensation and related common stock issuances, net of tax 22 22 0 0 22 0 0 0 0
Contributions from noncontrolling interests 15 0 0 0 0 0 0 0 15
Purchases of treasury stock (56) (56) 0 0 0 0 0 (56) 0
Other (1) (2) 0 0 0 (2) 0 0 1
Net increase (decrease) in equity (114) (106) 0 0 22 (87) 15 (56) (8)
Period End at Jun. 30, 2023 $ 14,209 $ 11,679 $ 35 $ 1,256 $ 24,538 $ (12,982) $ 12 $ (1,180) $ 2,530