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CONSOLIDATED CONDENSED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Common Stock
Preferred Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Loss
Beginning balance at Dec. 31, 2018 $ 21,330 $ 179   $ (10,473) $ 8,046 $ 23,750 $ (172)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1,266         1,266  
Other comprehensive income (loss), net of tax (12)           (12)
Dividends on common stock (1,168)         (1,168)  
Issuance of common stock, net 111       111    
Purchases of treasury stock (180)     (180)      
Ending balance at Jun. 30, 2019 21,347 179   (10,653) 8,157 23,848 (184)
Beginning balance at Mar. 31, 2019 21,236 179   (10,653) 8,083 23,795 (168)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 635         635  
Other comprehensive income (loss), net of tax (16)           (16)
Dividends on common stock (582)         (582)  
Issuance of common stock, net 74       74    
Ending balance at Jun. 30, 2019 21,347 179   (10,653) 8,157 23,848 (184)
Beginning balance at Dec. 31, 2019 34,232 209 $ 9,762 (10,653) 14,955 20,180 (221)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (10,144)         (10,144)  
Other comprehensive income (loss), net of tax (91)           (91)
Dividends on common stock (727)         (727)  
Dividends on preferred stock (219) 3     219 (441)  
Issuance of common stock, net 192 1     191    
Stock warrants [1] 107       870 (763)  
Purchases of treasury stock (4)     (4)      
Ending balance at Jun. 30, 2020 23,346 213 9,762 (10,657) 16,235 8,105 (312)
Beginning balance at Mar. 31, 2020 31,295 210 9,762 (10,653) 15,081 17,229 (334)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest (8,131)         (8,131)  
Other comprehensive income (loss), net of tax 22           22
Dividends on common stock (8)         (8)  
Dividends on preferred stock   3     219 (222)  
Issuance of common stock, net 65       65 0  
Stock warrants [2] 107       870 (763)  
Purchases of treasury stock (4)     (4)      
Ending balance at Jun. 30, 2020 $ 23,346 $ 213 $ 9,762 $ (10,657) $ 16,235 $ 8,105 $ (312)
[1] Represents the declaration of the Common Stock Warrants and the reclassification of the Berkshire Warrants. Please see Note 6 - Derivatives and Note 13 - EPS and Stockholders' Equity, respectively, to these Consolidated Condensed Financial Statements for additional information.
[2] Represents the declaration of the Common Stock Warrants and the reclassification of the Berkshire Warrants. Please see Note 6 - Derivatives and Note 13 - EPS and Stockholders' Equity, respectively, to these Consolidated Condensed Financial Statements for additional information.