Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Stockholders' Equity

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Consolidated Statements of Stockholders' Equity - USD ($)
shares in Thousands, $ in Millions
Total
Common Stock
Common Stock
Dividend Paid [Member]
Common Stock
Dividend Declared [Member]
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   (3,100)     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, 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]                  
Shares repurchased, at cost, shares 5,360                
Net income $ 8,142                
Common Stock, Shares, Outstanding, End of Period at Jun. 30, 2023   240,900              
Treasury Stock, Shares, End of Period at Jun. 30, 2023         36,800        
Stockholders' Equity, End of Period at Jun. 30, 2023 6,492 $ 1     $ (3,162) 4,363 1,666 3,624  
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Jun. 30, 2023                 0
Common Stock, Shares, Outstanding, Beginning of Period at Mar. 31, 2023   243,200              
Treasury Stock, Shares, Beginning of Period at Mar. 31, 2023         34,500        
Stockholders' Equity, Beginning of Period at Mar. 31, 2023 5,440 $ 1     $ (2,821) 4,328 394 3,538  
Redeemable non-controlling interest at Mar. 31, 2023                 0
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Share-based compensation 36 $ 0     $ 0 36 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 $ (1) $ 0     $ 0 (1) 0 0  
Shares repurchased, at cost, shares 2,300 (2,300)     2,300        
Shares repurchased, at cost $ (341) $ 0     $ (341) 0 0 0  
Net income 1,707 0     0 0 1,369 338  
Distributions to non-controlling interest (252) 0     0 0 0 (252)  
Dividends declared (97) $ 0     $ 0 0 (97) 0  
Common Stock, Shares, Outstanding, End of Period at Jun. 30, 2023   240,900              
Treasury Stock, Shares, End of Period at Jun. 30, 2023         36,800        
Stockholders' Equity, End of Period at Jun. 30, 2023 6,492 $ 1     $ (3,162) 4,363 1,666 3,624  
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Jun. 30, 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   (7,500)     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 [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, 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]                  
Shares repurchased, at cost, shares 10,660                
Net income $ 2,001                
Common Stock, Shares, Outstanding, End of Period at Jun. 30, 2024   227,000              
Treasury Stock, Shares, End of Period at Jun. 30, 2024         51,500        
Stockholders' Equity, End of Period at Jun. 30, 2024 8,592 $ 1     $ (5,568) 4,406 5,625 4,128  
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Jun. 30, 2024 6               6 [1]
Common Stock, Shares, Outstanding, Beginning of Period at Mar. 31, 2024   230,100              
Treasury Stock, Shares, Beginning of Period at Mar. 31, 2024         48,400        
Stockholders' Equity, Beginning of Period at Mar. 31, 2024 8,294 $ 1     $ (5,067) 4,371 4,945 4,044  
Redeemable non-controlling interest at Mar. 31, 2024 [1]                 4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Share-based compensation 36 $ 0     $ 0 36 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 $ (1) $ 0     $ 0 (1) 0 0  
Shares repurchased, at cost, shares 3,140 (3,100)     3,100        
Shares repurchased, at cost $ (501) $ 0     $ (501) 0 0 0  
Net income 1,162 0     0 0 880 282  
Contributions from redeemable non-controlling interest [1]                 2
Distributions to non-controlling interest (198) 0     0 0 0 (198)  
Dividends declared (200) $ 0     $ 0 0 (200) 0  
Common Stock, Shares, Outstanding, End of Period at Jun. 30, 2024   227,000              
Treasury Stock, Shares, End of Period at Jun. 30, 2024         51,500        
Stockholders' Equity, End of Period at Jun. 30, 2024 8,592 $ 1     $ (5,568) $ 4,406 $ 5,625 $ 4,128  
Redeemable Noncontrolling Interest, Equity, Carrying Amount at Jun. 30, 2024 $ 6               $ 6 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Common Stock, Dividends, Per Share, Declared     $ 0.435 $ 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