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Consolidated Statements of Changes In Shareholders' Equity (Unaudited) - USD ($)
$ in Millions
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2019 $ 2,300 $ 859 $ 14,323 $ 16,408 $ (19,812) $ (1,171) $ 12,907 $ 90 $ 12,997
Net income (loss)     (96)     (96)   (96)
Other comprehensive income (loss)           (326) (326) (1) (327)
Shares issued to benefit plans and for option exercises     17       17   17
Common dividends       (168)     (168)   (168)
Preferred dividends       (24)     (24)   (24)
Other, net       (6) (1)   (7)   (7)
Purchase of common stock for treasury         (105)   (105)   (105)
Balance at Mar. 31, 2020 2,300 859 14,340 16,114 (19,918) (1,497) 12,198 89 12,287
Net income (loss)       (71)     (71) 6 (65)
Other comprehensive income (loss)           65 65   65
Shares issued to benefit plans and for option exercises   1 58       59   59
Common dividends       (171)     (171)   (171)
Preferred dividends       (25)     (25)   (25)
Other, net         (6)   (6) (11) (17)
Balance at Jun. 30, 2020 2,300 860 14,398 15,847 (19,924) (1,432) 12,049 84 12,133
Net income (loss)       427     427 5 432
Other comprehensive income (loss)           298 298 1 299
Shares issued to benefit plans and for option exercises   1 96       97   97
Common dividends       (171)     (171)   (171)
Preferred dividends       (24)     (24)   (24)
Other, net       (14) (2)   (16) 5 (11)
Non-controlling interest in HSG [1]               102 102
Balance at Sep. 30, 2020 2,300 861 14,494 16,065 (19,926) (1,134) 12,660 197 12,857
Balance at Dec. 31, 2020 2,300 863 14,642 16,120 (19,928) (740) 13,257 191 13,448
Net income (loss)       599     599 2 601
Other comprehensive income (loss)           (352) (352) (1) (353)
Shares issued to benefit plans and for option exercises   1 80       81   81
Common dividends       (187)     (187)   (187)
Preferred dividends       (24)     (24)   (24)
Other, net       1 (6)   (5) (3) (8)
Balance at Mar. 31, 2021 2,300 864 14,722 16,509 (19,934) (1,092) 13,369 189 13,558
Net income (loss)       449     449 5 454
Other comprehensive income (loss)           40 40 1 41
Shares issued to benefit plans and for option exercises   3 70       73   73
Common dividends       (416)     (416)   (416)
Other, net [2]         (51)   (51) (13) (64)
Redemption of preferred stock [3] (700)     (803)     (1,503)   (1,503)
Conversion of preferred stock to common stock [4] (1,600) 40 1,560           0
Purchase of common stock for treasury         (1)   (1)   (1)
Balance at Jun. 30, 2021 0 907 16,352 15,739 (19,986) (1,052) 11,960 182 12,142
Net income (loss)       371     371 13 384
Other comprehensive income (loss)           (207) (207)   (208)
Shares issued to benefit plans and for option exercises   46       46   46
Other, net       (1)   (1) 16 15
Purchase of common stock for treasury         (24)   (24)   (24)
Balance at Sep. 30, 2021 $ 0 $ 907 $ 16,398 $ 16,110 $ (20,011) $ (1,259) $ 12,145 $ 210 $ 12,355
[1] Refer to Note 3 (HSG Transactions) to the consolidated financial statements for more information.
[2] Treasury stock includes the deemed surrender to the Company of common stock to satisfy employee tax withholding obligations.
[3] Refer to Note 6 (Earnings per Share) and Note 14 (Shareholders' Equity) to the consolidated financial statements for additional information.
[4] Refer to Note 14 (Shareholders' Equity) to the consolidated financial statements for additional information.