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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-In Capital
Accumulated Deficit
Accumulated Other Comprehensive Income (Loss)
Common Stock in Treasury
Balance (in shares) at Dec. 31, 2020   718,795,700       44,353,224
Balance beginning at Dec. 31, 2020 $ 497 $ 7 $ 5,093 $ (4,363) $ (38) $ (202)
Comprehensive income (loss):            
Net income (loss) 80     80    
Comprehensive income (loss) 80          
Issuance of restricted stock (in shares)   10,067        
Cancellation of restricted stock (in shares)   (405)        
Restricted units vested (in shares)   2,136,882        
Restricted units vested 8   8      
Performance units vested (in shares)   1,001,505        
Performance units vested 4   4      
Tax withholding - stock compensation (in shares)   (748,627)        
Tax withholding – stock compensation (3)   (3)      
Balance (in shares) at Mar. 31, 2021   721,195,122       44,353,224
Balance ending at Mar. 31, 2021 586 $ 7 5,102 (4,283) (38) $ (202)
Balance (in shares) at Dec. 31, 2020   718,795,700       44,353,224
Balance beginning at Dec. 31, 2020 497 $ 7 5,093 (4,363) (38) $ (202)
Comprehensive income (loss):            
Net income (loss) (529)          
Other comprehensive income [1] 3          
Comprehensive income (loss) (526)          
Balance (in shares) at Jun. 30, 2021   721,372,443       44,353,224
Balance ending at Jun. 30, 2021 (18) $ 7 5,104 (4,892) (35) $ (202)
Balance (in shares) at Dec. 31, 2020   718,795,700       44,353,224
Balance beginning at Dec. 31, 2020 497 $ 7 5,093 (4,363) (38) $ (202)
Balance (in shares) at Dec. 31, 2021   1,158,672,666       44,353,224
Balance ending at Dec. 31, 2021 2,547 $ 12 7,150 (4,388) (25) $ (202)
Balance (in shares) at Mar. 31, 2021   721,195,122       44,353,224
Balance beginning at Mar. 31, 2021 586 $ 7 5,102 (4,283) (38) $ (202)
Comprehensive income (loss):            
Net income (loss) (609)     (609)    
Other comprehensive income 3 [1]       3  
Comprehensive income (loss) (606)          
Stock-based compensation 2   2      
Issuance of restricted stock (in shares)   148,700        
Restricted units vested (in shares)   41,879        
Restricted units vested 0   0      
Tax withholding - stock compensation (in shares)   (13,258)        
Tax withholding – stock compensation 0   0      
Balance (in shares) at Jun. 30, 2021   721,372,443       44,353,224
Balance ending at Jun. 30, 2021 (18) $ 7 5,104 (4,892) (35) $ (202)
Balance (in shares) at Dec. 31, 2021   1,158,672,666       44,353,224
Balance beginning at Dec. 31, 2021 2,547 $ 12 7,150 (4,388) (25) $ (202)
Comprehensive income (loss):            
Net income (loss) (2,675)     (2,675)    
Comprehensive income (loss) (2,675)          
Stock-based compensation 1   1      
Performance units vested (in shares)   2,499,860        
Performance units vested 12   12      
Tax withholding - stock compensation (in shares)   (721,070)        
Tax withholding – stock compensation (4)   (4)      
Balance (in shares) at Mar. 31, 2022   1,160,451,456       44,353,224
Balance ending at Mar. 31, 2022 (119) $ 12 7,159 (7,063) (25) $ (202)
Balance (in shares) at Dec. 31, 2021   1,158,672,666       44,353,224
Balance beginning at Dec. 31, 2021 2,547 $ 12 7,150 (4,388) (25) $ (202)
Comprehensive income (loss):            
Net income (loss) (1,502)          
Other comprehensive income 0 [1]       0  
Comprehensive income (loss) (1,502)          
Balance (in shares) at Jun. 30, 2022   1,161,475,422       47,168,765
Balance ending at Jun. 30, 2022 1,043 $ 12 7,168 (5,890) (25) $ (222)
Balance (in shares) at Mar. 31, 2022   1,160,451,456       44,353,224
Balance beginning at Mar. 31, 2022 (119) $ 12 7,159 (7,063) (25) $ (202)
Comprehensive income (loss):            
Net income (loss) 1,173     1,173    
Other comprehensive income 0 [1]       0  
Comprehensive income (loss) 1,173          
Stock-based compensation 2   2      
Exercise of stock options (in shares)   893,312        
Exercise of stock options 7   7      
Issuance of restricted stock (in shares)   115,608        
Restricted units vested (in shares)   21,981        
Treasury stock (in shares)           2,815,541
Treasury stock $ (20)         $ (20)
Issuance of stock awards (in shares) 79          
Tax withholding - stock compensation (in shares)   (7,014)        
Balance (in shares) at Jun. 30, 2022   1,161,475,422       47,168,765
Balance ending at Jun. 30, 2022 $ 1,043 $ 12 $ 7,168 $ (5,890) $ (25) $ (222)
[1] Settlement adjustment was less than $1 million for the three and six months ended June 30, 2022. Settlement adjustment reflects $1 million in tax benefits for the three and six months ended June 30, 2021.