Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity

v3.24.1.u1
Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Non-controlling Interest
Redeemable Noncontrolling Interest
Common Stock, Shares, Outstanding, Beginning of Period at Dec. 31, 2022   245,500          
Treasury Stock, Shares, Beginning of Period at Dec. 31, 2022     31,200        
Stockholders' Equity, Beginning of Period at Dec. 31, 2022 $ (171) $ 1 $ (2,342) $ 4,314 $ (4,942) $ 2,798  
Redeemable non-controlling interest at Dec. 31, 2022             $ 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Vesting of share-based compensation awards, shares   1,000 0        
Vesting of share-based compensation awards 0 $ 0 $ 0 0 0 0  
Share-based compensation 43 $ 0 $ 0 43 0 0  
Shares withheld from employees related to share-based compensation, at cost, shares, common stock   (200)          
Issued shares withheld from employees related to share-based compensation, at cost, shares, treasury shares     200        
Issued shares withheld from employees related to share-based compensation, at cost $ (55) $ 0 $ (26) (29) 0 0  
Shares repurchased, at cost, shares 3,060 (3,100) 3,100        
Shares repurchased, at cost $ (453) $ 0 $ (453) 0 0 0  
Net income 6,435 0 0 0 5,434 1,001  
Distributions to non-controlling interest (261) 0 0 0 0 (261)  
Dividends declared (98) $ 0 $ 0 0 (98) 0  
Common Stock, Shares, Outstanding, End of Period at Mar. 31, 2023   243,200          
Treasury Stock, Shares, End of Period at Mar. 31, 2023     34,500        
Stockholders' Equity, End of Period at Mar. 31, 2023 $ 5,440 $ 1 $ (2,821) 4,328 394 3,538  
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Mar. 31, 2023             0
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Common Stock, Dividends, Per Share, Declared $ 0.395            
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 0           0 [1]
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 839 0 0 0 502 337  
Contributions from redeemable non-controlling interest [1]             4
Distributions to non-controlling interest (253) 0 0 0 0 (253)  
Dividends declared (103) $ 0 $ 0 0 (103) 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 $ 4           $ 4 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Common Stock, Dividends, Per Share, Declared $ 0.435            
[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