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Consolidated Statements of Changes In Shareholders' Equity - USD ($)
$ in Millions
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock, Common [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2020 $ 2,300 $ 863 $ 14,642 $ 16,120 $ (19,928) $ (740) $ 13,257 $ 191 $ 13,448
Net income (loss)       1,906     1,906 29 1,935
Other comprehensive loss           (435) (435) (1) (436)
Redemption of preferred stock [1] (700)     (803)     (1,503)   (1,503)
Conversion of preferred stock to common stock [1] (1,600) 40 1,560            
Purchase of common stock for treasury         (274)   (274)   (274)
Shares issued to benefit plans and for option exercises   4 273       277   277
Common dividends       (812)     (812)   (812)
Preferred dividends       (24)     (24)   (24)
Other, net [2]       2 (61)   (59) (7) (66)
Balance at Dec. 31, 2021 0 907 16,475 16,389 (20,263) (1,175) 12,333 212 12,545
Net income (loss)       1,316     1,316 70 1,386
Other comprehensive loss           (655) (655) (2) (657)
Purchase of common stock for treasury         (221)   (221)   (221)
Shares issued to benefit plans and for option exercises   3 207       210   210
Common dividends       (926)     (926)   (926)
Other, net [2]         (48)   (49) (13) (62)
Balance at Dec. 31, 2022 0 910 16,682 16,778 (20,532) (1,830) 12,008 267 12,275
Net income (loss)       581     581 67 648
Other comprehensive loss           (218) (218) (1) (219)
Shares issued to benefit plans and for option exercises   6 247       253   253
Common dividends       (968)     (968)   (968)
Other, net [2]         (105)   (105) (16) (121)
Balance at Dec. 31, 2023 $ 0 $ 916 $ 16,929 $ 16,391 $ (20,637) $ (2,048) $ 11,551 $ 317 $ 11,868
[1] Refer to Note 14 (Shareholders’ Equity) in the accompanying notes to the consolidated financial statements for additional information.
[2] Treasury stock includes the deemed surrender to the Company of common stock to satisfy employee tax withholding obligations