Quarterly report [Sections 13 or 15(d)]

Consolidated Statements of Stockholders' Equity

v3.25.1
Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
2025 Q1 Dividends
2024 Q1 Dividends
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Non-controlling Interests
Redeemable Noncontrolling Interest
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2023       237,000          
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2023         40,900        
Stockholders' Equity, Beginning of Period at Dec. 31, 2023 $ 9,020     $ 1 $ (3,864) $ 4,377 $ 4,546 $ 3,960  
Redeemable non-controlling interest at Dec. 31, 2023 [1]                 $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Vesting of share-based compensation awards, shares       600 0        
Vesting of share-based compensation awards 0     $ 0 $ 0 0 0 0  
Share-based compensation 34     $ 0 $ 0 34 0 0  
Shares withheld from employees related to share-based compensation, at cost, shares, common stock       0          
Issued shares withheld from employees related to share-based compensation, at cost, shares, treasury shares         0        
Issued shares withheld from employees related to share-based compensation, at cost $ (40)     $ 0 $ 0 (40) 0 0  
Shares repurchased, at cost, shares 7,520     (7,500) 7,500        
Shares repurchased, at cost $ (1,203)     $ 0 $ (1,203) 0 0 0  
Net Income (Loss), Including Portion Attributable to Non Redeemable Noncontrolling Interest 839     0 0 0 502 337  
Contributions from redeemable non-controlling interest 4               4 [1]
Distributions to non-controlling interests (253)     0 0 0 0 (253)  
Dividends declared (103)     $ 0 $ 0 0 (103) 0  
Accretion of redeemable non-controlling interest, net of tax 0                
Common Stock, Shares, Outstanding, End of Period at Mar. 31, 2024       230,100          
Treasury Stock, Shares, End of Period at Mar. 31, 2024         48,400        
Stockholders' Equity, End of Period at Mar. 31, 2024 $ 8,294     $ 1 $ (5,067) 4,371 4,945 4,044  
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Mar. 31, 2024 [1]                 4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common Stock, Dividends, Per Share, Declared     $ 0.435            
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2024       224,000          
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2024 54,700       54,700        
Stockholders' Equity, Beginning of Period at Dec. 31, 2024 $ 10,053     $ 1 $ (6,136) 4,452 7,382 4,354  
Redeemable non-controlling interest at Dec. 31, 2024 7               7 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Vesting of share-based compensation awards, shares       400 0        
Vesting of share-based compensation awards 0     $ 0 $ 0 0 0 0  
Share-based compensation 40     $ 0 $ 0 40 0 0  
Shares withheld from employees related to share-based compensation, at cost, shares, common stock       0          
Issued shares withheld from employees related to share-based compensation, at cost, shares, treasury shares         0        
Issued shares withheld from employees related to share-based compensation, at cost $ (44)     $ 0 $ 0 (44) 0 0  
Shares repurchased, at cost, shares 1,600     (1,600) 1,600        
Shares repurchased, at cost $ (352)     $ 0 $ (352) 0 0 0  
Net Income (Loss), Including Portion Attributable to Non Redeemable Noncontrolling Interest 670     0 0 0 353 317  
Net Income (Loss) Attributable to Redeemable Noncontrolling Interest [1]                 (2)
Contributions from redeemable non-controlling interest 38               38 [1]
Distributions to non-controlling interests (200)     0 0 0 0 (200)  
Dividends declared (113)     0 0 0 (113) 0  
Accretion of redeemable non-controlling interest, net of tax $ (2)     $ 0 0 0 (2) 0 2 [1]
Common Stock, Shares, Outstanding, End of Period at Mar. 31, 2025       222,800          
Treasury Stock, Shares, End of Period at Mar. 31, 2025 56,300                
Stockholders' Equity, End of Period at Mar. 31, 2025 $ 10,052     $ 1 $ (6,488) $ 4,448 $ 7,620 $ 4,471  
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Mar. 31, 2025 $ 45               $ 45 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common Stock, Dividends, Per Share, Declared   $ 0.50              
[1] Redeemable non-controlling interest represents the economic interest held by a third party in one of our consolidated VIEs that is redeemable for cash under certain circumstances, including those that are outside of our control. As such, the economic interest is not a component of permanent equity on our Consolidated Balance Sheets.