XML 70 R40.htm IDEA: XBRL DOCUMENT
v3.20.4

STOCKHOLDERS' EQUITY (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2020
Stockholders' Equity Note [Abstract] |
Summary of common stock issuances | The following is a summary of common stock issuances:
Shares in thousands |  | Common Stock
Balance, December 31, 2017 |  | 893,469 |
Issued |  | 1,628 |
Options exercised and other, net |  | 19 |
Balance, December 31, 2018 |  | 895,116 |
Issued |  | 3,188 |
Issued as part of the Acquisition (a) |  | 146,131 |
Balance, December 31, 2019 |  | 1,044,435 |
Issued |  | 36,130 |
Options exercised and other, net |  | — |
Balance, December 31, 2020 |  | 1,080,565 |
(a)Included approximately 2 million shares of common stock issued to a benefits trust for former Anadarko employees treated as treasury stock at December 31, 2019. These shares were sold from the trust in the first quarter of 2020.
Calculation of basic and diluted EPS | The following table presents the calculation of basic and diluted earnings per share for the years ended December 31:
millions except per share amounts |  | 2020 |  | 2019 |  | 2018
Income (loss) from continuing operations |  | $ | (13,533) |  |  | $ | (507) |  |  | $ | 4,131 |
Loss from discontinued operations |  | (1,298) |  |  | (15) |  |  | — |
Net income (loss) |  | $ | (14,831) |  |  | $ | (522) |  |  | $ | 4,131 |
Less: Net income attributable to noncontrolling interest |  | — |  |  | (145) |  |  | — |
Less: Preferred stock dividends |  | (844) |  |  | (318) |  |  | — |
Net income (loss) attributable to common stock |  | $ | (15,675) |  |  | $ | (985) |  |  | $ | 4,131 |
Less: Net income allocated to participating securities |  | — |  |  | — |  |  | (17) |
Net income (loss), net of participating securities |  | $ | (15,675) |  |  | $ | (985) |  |  | $ | 4,114 |
Weighted-average number of basic shares |  | 918.7 |  |  | 809.5 |  |  | 761.7 |
Basic earnings (loss) per common share |  | $ | (17.06) |  |  | $ | (1.22) |  |  | $ | 5.40 |
Net income (loss), net of participating securities |  | $ | (15,675) |  |  | $ | (985) |  |  | $ | 4,114 |
Weighted-average number of basic shares |  | 918.7 |  |  | 809.5 |  |  | 761.7 |
Dilutive securities |  | — |  |  | — |  |  | 1.6 |
Total diluted weighted-average common shares |  | 918.7 |  |  | 809.5 |  |  | 763.3 |
Diluted earnings (loss) per common share |  | $ | (17.06) |  |  | $ | (1.22) |  |  | $ | 5.39 |
Components of accumulated other comprehensive loss | Accumulated other comprehensive loss consisted of the following after-tax amounts at December 31:
millions |  | 2020 |  | 2019
Foreign currency translation adjustments |  | $ | (6) |  |  | $ | (7) |
Losses on derivatives |  | (119) |  |  | (122) |
Pension and postretirement adjustments (a) |  | (163) |  |  | (92) |
Total |  | $ | (288) |  |  | $ | (221) |
(a)See Note 15 - Retirement and Postretirement Benefit Plans for further information.

X
- Definition Tabular disclosure of the components of accumulated other comprehensive income (loss). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6450520&loc=d3e32583-110901 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section 45 -Paragraph 14A -URI http://asc.fasb.org/extlink&oid=121641772&loc=SL7669686-108580 Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 830 -SubTopic 30 -Section 45 -Paragraph 20 -URI http://asc.fasb.org/extlink&oid=118261656&loc=d3e32211-110900 + Details
Name: | us-gaap_ScheduleOfAccumulatedOtherComprehensiveIncomeLossTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the change in common stock outstanding. + References No definition available. + Details
Name: | us-gaap_ScheduleOfCommonStockOutstandingRollForwardTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_StockholdersEquityNoteAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration