v3.22.2
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY AND REDEEMABLE NONCONTROLLING INTERESTS - USD ($)
$ in Millions
Total
Redeemable Non-Controlling Interests
Convertible Preference Shares
Common Shares
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Treasury Shares
Non- Controlling Interests
Beginning balance at Dec. 31, 2020   $ 415              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   79              
Other comprehensive income (loss)   (12)              
Ending balance at Jun. 30, 2021   483              
Beginning balance (in shares) at Dec. 31, 2020     6,899,683            
Beginning balance (in shares) at Dec. 31, 2020       139,790,238          
Beginning balance at Dec. 31, 2020 $ 6,205   $ 690 $ 1 $ 5,408 $ 7,236 $ (6,246) $ (1,020) $ 136
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 1,207         1,194     13
Other comprehensive income (loss) (12)           (12)    
Dividends on common shares (147)         (147)      
Dividends on preference shares (17)         (17)      
Dividends to noncontrolling interests on subsidiary common stock (2)               (2)
Sale of noncontrolling interest   1              
Acquisition of noncontrolling interest (3)         (3)      
Share-based compensation expense 29       29        
Issuance of common shares, including stock dividends (in shares)       1,924,609          
Issuance of common shares, including stock dividends 71       75 (4)      
Ending balance (in shares) at Jun. 30, 2021     6,899,683            
Ending balance (in shares) at Jun. 30, 2021       141,714,847          
Ending balance at Jun. 30, 2021 7,331   $ 690 $ 1 5,512 8,259 (6,258) (1,020) 147
Beginning balance at Mar. 31, 2021   473              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   2              
Other comprehensive income (loss)   7              
Sale of noncontrolling interest   1              
Ending balance at Jun. 30, 2021   483              
Beginning balance (in shares) at Mar. 31, 2021     6,899,683            
Beginning balance (in shares) at Mar. 31, 2021       141,260,402          
Beginning balance at Mar. 31, 2021 6,781   $ 690 $ 1 5,468 7,982 (6,484) (1,020) 144
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 367         363     4
Other comprehensive income (loss) 227           226   1
Dividends on common shares (76)         (76)      
Dividends on preference shares (9)         (9)      
Dividends to noncontrolling interests on subsidiary common stock (2)               (2)
Share-based compensation expense 16       16        
Issuance of common shares, including stock dividends (in shares)       454,445          
Issuance of common shares, including stock dividends 27       28 (1)      
Ending balance (in shares) at Jun. 30, 2021     6,899,683            
Ending balance (in shares) at Jun. 30, 2021       141,714,847          
Ending balance at Jun. 30, 2021 7,331   $ 690 $ 1 5,512 8,259 (6,258) (1,020) 147
Beginning balance at Dec. 31, 2021 381 381              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   6              
Other comprehensive income (loss)   (36)              
Ending balance at Jun. 30, 2022 $ 351 351              
Beginning balance (in shares) at Dec. 31, 2021 6,899,683   6,899,683            
Beginning balance (in shares) at Dec. 31, 2021 141,057,414     141,057,414          
Beginning balance at Dec. 31, 2021 $ 7,825   $ 690 $ 1 5,590 8,979 (6,471) (1,120) 156
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 915         894     21
Other comprehensive income (loss) 32           35   (3)
Dividends on common shares (176)         (176)      
Dividends to noncontrolling interests on subsidiary common stock (4)               (4)
Sale of noncontrolling interest 521       234       287
Share-based compensation expense 32       32        
Conversion of preference shares to common shares (in shares)     (6,899,683) 8,863,331          
Conversion of preference shares to common shares 0   $ (690)   690        
Issuance of common shares, including stock dividends (in shares)       1,964,709          
Issuance of common shares, including stock dividends $ 44       49 (5)      
Ending balance (in shares) at Jun. 30, 2022 0   0            
Ending balance (in shares) at Jun. 30, 2022 151,885,454     151,885,454          
Ending balance at Jun. 30, 2022 $ 9,189   $ 0 $ 1 6,595 9,692 (6,436) (1,120) 457
Beginning balance at Mar. 31, 2022   370              
Increase (Decrease) in Temporary Equity                  
Net income (loss)   2              
Other comprehensive income (loss)   (21)              
Ending balance at Jun. 30, 2022 351 $ 351              
Beginning balance (in shares) at Mar. 31, 2022       151,653,069          
Beginning balance at Mar. 31, 2022 8,741     $ 1 6,332 9,581 (6,213) (1,120) 160
Increase (Decrease) in Stockholders' Equity                  
Net income (loss) 223         206     17
Other comprehensive income (loss) (226)           (223)   (3)
Dividends on common shares (95)         (95)      
Dividends to noncontrolling interests on subsidiary common stock (4)               (4)
Sale of noncontrolling interest 521       234       287
Share-based compensation expense 16       16        
Issuance of common shares, including stock dividends (in shares)       232,385          
Issuance of common shares, including stock dividends $ 13       13        
Ending balance (in shares) at Jun. 30, 2022 0   0            
Ending balance (in shares) at Jun. 30, 2022 151,885,454     151,885,454          
Ending balance at Jun. 30, 2022 $ 9,189   $ 0 $ 1 $ 6,595 $ 9,692 $ (6,436) $ (1,120) $ 457