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STATEMENTS OF CONDENSED CONSOLIDATED EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Retained Earnings
Accumulated Other Comprehensive Loss
[1]
Noncontrolling Interest in Consolidated Subsidiaries
Beginning balance (in shares) at Dec. 31, 2022   365,363      
Beginning balance at Dec. 31, 2022 $ 11,213,328 $ 9,891,890 $ 1,283,578 $ (2,994) $ 40,854
Comprehensive income, net of tax:          
Net income (loss) 1,219,233   1,218,548   685
Other post-retirement benefits liability adjustment, net of tax expense 164     164  
Dividends (54,070)   (54,070)    
Share-based compensation plans (in shares)   2,127      
Share-based compensation plans (24,023) $ (24,023)      
Convertible Notes settlements (in shares)   2      
Convertible Notes settlements 70 $ 70      
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 (3,835)       (3,835)
Contribution from noncontrolling interest 3,750       3,750
Ending balance (in shares) at Mar. 31, 2023   361,586      
Ending balance at Mar. 31, 2023 12,153,588 $ 9,776,392 2,338,572 (2,830) 41,454
Beginning balance (in shares) at Dec. 31, 2023   419,896      
Beginning balance at Dec. 31, 2023 14,780,817 $ 12,093,986 2,681,898 (2,684) 7,617
Comprehensive income, net of tax:          
Net income (loss) 103,063   103,488   (425)
Other post-retirement benefits liability adjustment, net of tax expense 43     43  
Dividends (69,412)   (69,412)    
Share-based compensation plans (in shares)   1,670      
Share-based compensation plans (22,008) $ (22,008)      
Convertible Notes settlements (in shares)   19,992      
Convertible Notes settlements 285,608 $ 285,608      
Net settlement of Capped Call Transactions 93,290 $ 93,290      
Ending balance (in shares) at Mar. 31, 2024   441,558      
Ending balance at Mar. 31, 2024 $ 15,171,401 $ 12,450,876 $ 2,715,974 $ (2,641) $ 7,192
[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.