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STATEMENTS OF CONDENSED CONSOLIDATED EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Treasury Stock
(Accumulated Deficit) Retained Earnings
Accumulated Other Comprehensive Loss
Noncontrolling Interest in Consolidated Subsidiaries
Beginning balance (in shares) at Dec. 31, 2021   376,399        
Beginning balance at Dec. 31, 2021 $ 9,970,999 $ 10,071,820 $ (18,046) $ (94,400) $ (4,611) [1] $ 16,236
Comprehensive income (loss), net of tax            
Net income (620,359)     (624,687)   4,328
Other post-retirement benefits liability adjustment, net of tax expense 127       127 [1]  
Dividends (93,272)     (93,272)    
Share-based compensation plans (in shares)   1,852        
Share-based compensation plans 24,246 $ 9,048 15,198      
Convertible Notes settlements (in shares)   2        
Convertible Notes settlements 38 $ 38        
Repurchase and retirement of common stock (in shares)   (8,533)        
Repurchase and retirement of common stock (200,028) $ (132,260)   (67,768)    
Distribution to noncontrolling interest (2,894)         (2,894)
Other 11,233         11,233
Ending balance (in shares) at Jun. 30, 2022   369,720        
Ending balance at Jun. 30, 2022 9,090,090 $ 9,948,646 (2,848) (880,127) (4,484) [1] 28,903
Beginning balance (in shares) at Mar. 31, 2022   369,074        
Beginning balance at Mar. 31, 2022 8,206,033 $ 9,921,348 (2,848) (1,725,279) (4,548) [2] 17,360
Comprehensive income (loss), net of tax            
Net income 894,224     891,361   2,863
Other post-retirement benefits liability adjustment, net of tax expense 64       64 [2]  
Dividends (46,209)     (46,209)    
Share-based compensation plans (in shares)   645        
Share-based compensation plans 27,268 $ 27,268        
Convertible Notes settlements (in shares)   1        
Convertible Notes settlements 30 $ 30        
Distribution to noncontrolling interest (2,553)         (2,553)
Other 11,233         11,233
Ending balance (in shares) at Jun. 30, 2022   369,720        
Ending balance at Jun. 30, 2022 9,090,090 $ 9,948,646 (2,848) (880,127) (4,484) [1] 28,903
Beginning balance (in shares) at Dec. 31, 2022   365,363        
Beginning balance at Dec. 31, 2022 11,213,328 $ 9,891,890 0 1,283,578 (2,994) [1] 40,854
Comprehensive income (loss), net of tax            
Net income 1,152,367     1,151,922   445
Other post-retirement benefits liability adjustment, net of tax expense 213       213 [1]  
Dividends (108,318)     (108,318)    
Share-based compensation plans (in shares)   2,191        
Share-based compensation plans (9,572) $ (9,572)        
Convertible Notes settlements (in shares)   6        
Convertible Notes settlements 82 $ 82        
Repurchase and retirement of common stock (in shares)   (5,906)        
Repurchase and retirement of common stock (201,029) $ (91,545)   (109,484)    
Distribution to noncontrolling interest (5,793)         (5,793)
Contribution from noncontrolling interest 3,750         3,750
Ending balance (in shares) at Jun. 30, 2023   361,654        
Ending balance at Jun. 30, 2023 12,045,028 $ 9,790,855 0 2,217,698 (2,781) [1] 39,256
Beginning balance (in shares) at Mar. 31, 2023   361,586        
Beginning balance at Mar. 31, 2023 12,153,588 $ 9,776,392 0 2,338,572 (2,830) [2] 41,454
Comprehensive income (loss), net of tax            
Net income (66,866)     (66,626)   (240)
Other post-retirement benefits liability adjustment, net of tax expense 49       49 [2]  
Dividends (54,248)     (54,248)    
Share-based compensation plans (in shares)   64        
Share-based compensation plans 14,451 $ 14,451        
Convertible Notes settlements (in shares)   4        
Convertible Notes settlements 12 $ 12        
Distribution to noncontrolling interest (1,958)         (1,958)
Ending balance (in shares) at Jun. 30, 2023   361,654        
Ending balance at Jun. 30, 2023 $ 12,045,028 $ 9,790,855 $ 0 $ 2,217,698 $ (2,781) [1] $ 39,256
[1] Amounts included in accumulated other comprehensive loss are related to other postretirement benefits liability adjustments, net of tax, which are attributable to net actuarial losses and net prior service costs.
[2] Amounts included in accumulated other comprehensive loss are related to other postretirement benefits liability adjustments, net of tax, which are attributable to net actuarial losses and net prior service costs.