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CONDENSED CONSOLIDATED STATEMENTS OF SHAREHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Common Stock
Preferred Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Earnings
Balance at beginning of period at Dec. 31, 2022 $ 15,010 $ 0 $ 0 $ 8,742 $ (1,373) $ 7,641
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 584         584
Other comprehensive income (loss) 49       49  
Stock-based compensation 7     7    
Dividends paid (Note 10) (450)         (450)
Balance at end of period at Mar. 31, 2023 15,201 0 0 8,749 (1,323) 7,775
Balance at beginning of period at Dec. 31, 2022 15,010 0 0 8,742 (1,373) 7,641
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 1,155          
Other comprehensive income (loss) 60          
Balance at end of period at Jun. 30, 2023 15,284 0 0 8,760 (1,312) 7,837
Balance at beginning of period at Mar. 31, 2023 15,201 0 0 8,749 (1,323) 7,775
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 571         571
Other comprehensive income (loss) 11       11  
Stock-based compensation 11     11    
Dividends paid (Note 10) (450)         (450)
Dividends declared on preferred stock (Note 10) (59)         (59)
Balance at end of period at Jun. 30, 2023 15,284 0 0 8,760 (1,312) 7,837
Balance at beginning of period at Dec. 31, 2023 15,542 0 0 8,783 (1,208) 7,967
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 536         536
Other comprehensive income (loss) (39)       (39)  
Stock-based compensation 6     6    
Dividends paid (Note 10) (450)         (450)
Balance at end of period at Mar. 31, 2024 15,596 0 0 8,789 (1,246) 8,054
Balance at beginning of period at Dec. 31, 2023 15,542 0 0 8,783 (1,208) 7,967
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 1,147          
Other comprehensive income (loss) (207)          
Balance at end of period at Jun. 30, 2024 15,538 0 0 8,797 (1,414) 8,155
Balance at beginning of period at Mar. 31, 2024 15,596 0 0 8,789 (1,246) 8,054
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income (loss) 610         610
Other comprehensive income (loss) (168)       (168)  
Stock-based compensation 8     8    
Dividends paid (Note 10) (450)         (450)
Dividends declared on preferred stock (Note 10) (59)         (59)
Balance at end of period at Jun. 30, 2024 $ 15,538 $ 0 $ 0 $ 8,797 $ (1,414) $ 8,155