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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Common Stock Outstanding [Member]
Preferred Stock [Member]
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Common Stock in Treasury
Total
Balance, shares at Dec. 31, 2015 390,138,549 1,725,000       47,149  
Balance at Dec. 31, 2015 $ 4   $ 3,409 $ (1,082) $ (48) $ (1) $ 2,282
Comprehensive income:              
Net income (loss)       (1,132)     (1,132)
Other comprehensive income (loss)         4   4
Comprehensive income (loss)             (1,128)
Stock-based compensation     26       26
Preferred stock dividend     (27)       (27)
Issuance of restricted stock, shares 84,165            
Cancellation of restricted stock, shares (24,333)            
Treasury stock, shares           (15,880)  
Tax withholding - stock compensation, shares (524,703)            
Tax withholding - stock compensation     (5)       (5)
Balance, shares at Mar. 31, 2016 389,673,678 1,725,000       31,269  
Balance at Mar. 31, 2016 $ 4   3,403 (2,214) (44) $ (1) 1,148
Balance, shares at Dec. 31, 2015 390,138,549 1,725,000       47,149  
Balance at Dec. 31, 2015 $ 4   3,409 (1,082) (48) $ (1) 2,282
Comprehensive income:              
Net income (loss)             (2,643)
Other comprehensive income (loss)             9
Comprehensive income (loss)             $ (2,634)
Preferred stock dividend, shares             9,917,799
Balance, shares at Dec. 31, 2016 495,248,369 1,725,000       31,269  
Balance at Dec. 31, 2016 $ 5   4,677 (3,725) [1] (39) $ (1) $ 917
Balance, shares at Mar. 31, 2016 389,673,678 1,725,000       31,269  
Balance at Mar. 31, 2016 $ 4   3,403 (2,214) (44) $ (1) 1,148
Comprehensive income:              
Net income (loss)       (593)     (593)
Other comprehensive income (loss)         3   3
Comprehensive income (loss)             (590)
Stock-based compensation     16       16
Preferred stock dividend, shares 3,024,737            
Cancellation of restricted stock, shares (64,762)            
Tax withholding - stock compensation, shares (136,828)            
Tax withholding - stock compensation     (1)       (1)
Balance, shares at Jun. 30, 2016 392,496,825 1,725,000       31,269  
Balance at Jun. 30, 2016 $ 4   3,418 (2,807) (41) $ (1) 573
Comprehensive income:              
Net income (loss)       (708)     (708)
Other comprehensive income (loss)         2   2
Comprehensive income (loss)             (706)
Stock-based compensation     8       8
Issuance of common stock, shares 98,900,000            
Issuance of common stock $ 1   1,246       1,247
Preferred stock dividend, shares 2,100,119            
Issuance of restricted stock, shares 1,140            
Cancellation of restricted stock, shares (48,534)            
Tax withholding - stock compensation     1       1
Tax withholding - stock compensation, shares (3,179)            
Balance, shares at Sep. 30, 2016 493,446,371 1,725,000       31,269  
Balance at Sep. 30, 2016 $ 5   4,673 (3,515) (39) $ (1) 1,123
Comprehensive income:              
Net income (loss)       (210)     (210)
Comprehensive income (loss)             (210)
Stock-based compensation     8       8
Exercise of stock options, shares 44,880            
Preferred stock dividend, shares 2,041,533            
Issuance of restricted stock, shares 2,167            
Cancellation of restricted stock, shares (27,854)            
Tax withholding - stock compensation, shares (264,542)            
Tax withholding - stock compensation     (4)       (4)
Issuance of stock awards, shares 5,814            
Balance, shares at Dec. 31, 2016 495,248,369 1,725,000       31,269  
Balance at Dec. 31, 2016 $ 5   4,677 (3,725) [1] (39) $ (1) 917
Comprehensive income:              
Net income (loss)       351 [1]     351
Comprehensive income (loss)             351
Stock-based compensation     10       10
Preferred stock dividend, shares 2,751,410            
Issuance of restricted stock, shares 4,549,122            
Cancellation of restricted stock, shares (113,185)            
Performance units vested, shares 121,208            
Tax withholding - stock compensation, shares (59,455)            
Balance, shares at Mar. 31, 2017 502,497,469 1,725,000       31,269  
Balance at Mar. 31, 2017 $ 5   4,687 (3,374) [1] (39) $ (1) 1,278
Balance, shares at Dec. 31, 2016 495,248,369 1,725,000       31,269  
Balance at Dec. 31, 2016 $ 5   4,677 (3,725) [1] (39) $ (1) $ 917
Comprehensive income:              
Preferred stock dividend, shares             10,040,306
Balance, shares at Sep. 30, 2017 509,142,659 1,725,000       31,269  
Balance at Sep. 30, 2017 $ 5   4,698 (3,013) [1] (37) $ (1) $ 1,652
Balance, shares at Dec. 31, 2016 495,248,369 1,725,000       31,269  
Balance at Dec. 31, 2016 $ 5   4,677 (3,725) [1] (39) $ (1) 917
Comprehensive income:              
Net income (loss) [2]             1,046
Other comprehensive income (loss)             (5)
Comprehensive income (loss) [2]             1,041
Balance, shares at Dec. 31, 2017 512,134,311 1,725,000       31,269  
Balance at Dec. 31, 2017 $ 5   4,698 (2,679) [1] (44) $ (1) 1,979
Balance, shares at Mar. 31, 2017 502,497,469 1,725,000       31,269  
Balance at Mar. 31, 2017 $ 5   4,687 (3,374) [1] (39) $ (1) 1,278
Comprehensive income:              
Net income (loss)       284 [1]     284
Other comprehensive income (loss)         1   1
Comprehensive income (loss)             285
Stock-based compensation     10       10
Preferred stock dividend, shares 3,346,865            
Issuance of restricted stock, shares 353,803            
Cancellation of restricted stock, shares (303,135)            
Tax withholding - stock compensation, shares (1,729)            
Issuance of stock awards, shares 72            
Balance, shares at Jun. 30, 2017 505,893,345 1,725,000       31,269  
Balance at Jun. 30, 2017 $ 5   4,697 (3,090) [1] (38) $ (1) 1,573
Comprehensive income:              
Net income (loss)       77 [1]     77
Other comprehensive income (loss)         1   1
Comprehensive income (loss)             78
Stock-based compensation     9       9
Preferred stock dividend, shares 3,346,738            
Preferred stock dividend     (8)       (8)
Issuance of restricted stock, shares 133,197            
Cancellation of restricted stock, shares (192,810)            
Tax withholding - stock compensation, shares (37,811)            
Balance, shares at Sep. 30, 2017 509,142,659 1,725,000       31,269  
Balance at Sep. 30, 2017 $ 5   4,698 (3,013) [1] (37) $ (1) 1,652
Comprehensive income:              
Net income (loss)       334 [1]     334
Other comprehensive income (loss)         (7)   (7)
Comprehensive income (loss)             327
Stock-based compensation     9       9
Preferred stock dividend, shares 3,346,703            
Preferred stock dividend     (8)       (8)
Issuance of restricted stock, shares 19,086            
Cancellation of restricted stock, shares (132,898)            
Tax withholding - stock compensation, shares (241,239)            
Tax withholding - stock compensation     (1)       (1)
Balance, shares at Dec. 31, 2017 512,134,311 1,725,000       31,269  
Balance at Dec. 31, 2017 $ 5   4,698 (2,679) [1] (44) $ (1) 1,979
Comprehensive income:              
Net income (loss)       208     208
Other comprehensive income (loss)
Comprehensive income (loss)             208
Stock-based compensation     7       7
Conversion of preferred stock, shares 74,998,614 (1,725,000)          
Conversion of preferred stock $ 1   (1)        
Issuance of restricted stock, shares 5,076            
Cancellation of restricted stock, shares (160,168)            
Performance units vested, shares 214,866            
Tax withholding - stock compensation, shares (338,808)            
Tax withholding - stock compensation     (1)       (1)
Balance, shares at Mar. 31, 2018 586,853,891         31,269  
Balance at Mar. 31, 2018 $ 6   4,703 (2,471) (44) $ (1) 2,193
Balance, shares at Dec. 31, 2017 512,134,311 1,725,000       31,269  
Balance at Dec. 31, 2017 $ 5   4,698 (2,679) [1] (44) $ (1) 1,979
Comprehensive income:              
Net income (loss)             537
Other comprehensive income (loss)             8
Comprehensive income (loss)             $ 545
Treasury stock, shares             39,061,269
Treasury stock             $ (180)
Balance, shares at Dec. 31, 2018 585,407,107         39,092,537  
Balance at Dec. 31, 2018 $ 6   4,715 (2,142) (36) $ (181) 2,362
Balance, shares at Mar. 31, 2018 586,853,891         31,269  
Balance at Mar. 31, 2018 $ 6   4,703 (2,471) (44) $ (1) 2,193
Comprehensive income:              
Net income (loss)       51     51
Other comprehensive income (loss)
Comprehensive income (loss)             51
Stock-based compensation     6       6
Issuance of restricted stock, shares 307,743            
Cancellation of restricted stock, shares (722,465)            
Tax withholding - stock compensation, shares (9,068)            
Balance, shares at Jun. 30, 2018 586,430,101         31,269  
Balance at Jun. 30, 2018 $ 6   4,709 (2,420) (44) $ (1) 2,250
Comprehensive income:              
Net income (loss)       (29)     (29)
Other comprehensive income (loss)         4   4
Comprehensive income (loss)             (25)
Stock-based compensation     5       5
Issuance of restricted stock, shares 30,924            
Cancellation of restricted stock, shares (248,342)            
Treasury stock, shares           4,829,011  
Treasury stock           $ (25) (25)
Tax withholding - stock compensation, shares (17,521)            
Balance, shares at Sep. 30, 2018 586,195,162         4,860,280  
Balance at Sep. 30, 2018 $ 6   4,714 (2,449) (40) $ (26) 2,205
Comprehensive income:              
Net income (loss)       307     307
Other comprehensive income (loss)         4   4
Comprehensive income (loss)             311
Stock-based compensation     3       3
Issuance of restricted stock, shares 5,819            
Cancellation of restricted stock, shares (673,147)            
Treasury stock, shares           34,232,257  
Treasury stock           $ (155) (155)
Tax withholding - stock compensation, shares (120,727)            
Tax withholding - stock compensation     (2)       (2)
Balance, shares at Dec. 31, 2018 585,407,107         39,092,537  
Balance at Dec. 31, 2018 $ 6   $ 4,715 $ (2,142) $ (36) $ (181) $ 2,362
[1] Includes a net cumulative-effect adjustment of $59 million related to the recognition of previously unrecognized windfall tax benefits resulting from the adoption of ASU 2016-09 as of the beginning of 2017. This adjustment increased net deferred tax assets and the related income tax valuation allowance by the same amount.
[2] In 2018 and 2017, deferred tax activity incurred in other comprehensive income was offset by a valuation allowance.