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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Preferred Stock Issued
Common Stock Issued
Paid-in Capital
Accumulated Other Comprehensive Loss
Retained Earnings
Treasury Stock
Preferred stock, beginning balance (in shares) at Dec. 31, 2022   20,000          
Common stock, beginning balance (in shares) at Dec. 31, 2022     474,916,234        
Total equity, beginning balance at Dec. 31, 2022 $ 6,494 $ 0 $ 5 $ 7,253 $ (108) $ 50 $ (706)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 1,049         1,049  
Other comprehensive income (loss) 9       9    
Common stock issued 4     (3)     7
Common stock dividends (427)         (427)  
Other, net 3     3      
Preferred stock, issued, ending balance (in shares) at Mar. 31, 2023   20,000          
Common stock, ending balance (in shares) at Mar. 31, 2023     474,916,234        
Total equity, ending balance at Mar. 31, 2023 7,132 $ 0 $ 5 7,253 (99) 672 (699)
Preferred stock, beginning balance (in shares) at Dec. 31, 2022   20,000          
Common stock, beginning balance (in shares) at Dec. 31, 2022     474,916,234        
Total equity, beginning balance at Dec. 31, 2022 6,494 $ 0 $ 5 7,253 (108) 50 (706)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 1,971            
Other comprehensive income (loss) 40            
Preferred stock, issued, ending balance (in shares) at Sep. 30, 2023   20,000          
Common stock, ending balance (in shares) at Sep. 30, 2023     609,713,834        
Total equity, ending balance at Sep. 30, 2023 16,299 $ 0 $ 6 16,315 (68) 737 (691)
Preferred stock, beginning balance (in shares) at Mar. 31, 2023   20,000          
Common stock, beginning balance (in shares) at Mar. 31, 2023     474,916,234        
Total equity, beginning balance at Mar. 31, 2023 7,132 $ 0 $ 5 7,253 (99) 672 (699)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 468         468  
Other comprehensive income (loss) 24       24    
Common stock issued 13     7     6
Common stock dividends (429)         (429)  
Other, net 10     10      
Preferred stock, issued, ending balance (in shares) at Jun. 30, 2023   20,000          
Common stock, ending balance (in shares) at Jun. 30, 2023     474,916,234        
Total equity, ending balance at Jun. 30, 2023 7,218 $ 0 $ 5 7,270 (75) 711 (693)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 454         454  
Other comprehensive income (loss) 7       7    
Preferred stock dividends (1)         (1)  
Magellan Acquisition consideration (in shares)     134,797,600        
Magellan Acquisition consideration 9,062   $ 1 9,061      
Common stock issued 5     3     2
Common stock dividends (427)         (427)  
Other, net (19)     (19)      
Preferred stock, issued, ending balance (in shares) at Sep. 30, 2023   20,000          
Common stock, ending balance (in shares) at Sep. 30, 2023     609,713,834        
Total equity, ending balance at Sep. 30, 2023 $ 16,299 $ 0 $ 6 16,315 (68) 737 (691)
Preferred stock, beginning balance (in shares) at Dec. 31, 2023   20,000          
Common stock, beginning balance (in shares) at Dec. 31, 2023 583,093,100   609,713,834        
Total equity, beginning balance at Dec. 31, 2023 $ 16,484 $ 0 $ 6 16,320 (33) 868 (677)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 639         639  
Other comprehensive income (loss) (95)       (95)    
Common stock issued 6     (8)     14
Common stock dividends (579)         (579)  
Other, net (10)     (9)   (1)  
Preferred stock, issued, ending balance (in shares) at Mar. 31, 2024   20,000          
Common stock, ending balance (in shares) at Mar. 31, 2024     609,713,834        
Total equity, ending balance at Mar. 31, 2024 $ 16,445 $ 0 $ 6 16,303 (128) 927 (663)
Preferred stock, beginning balance (in shares) at Dec. 31, 2023   20,000          
Common stock, beginning balance (in shares) at Dec. 31, 2023 583,093,100   609,713,834        
Total equity, beginning balance at Dec. 31, 2023 $ 16,484 $ 0 $ 6 16,320 (33) 868 (677)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 2,112            
Other comprehensive income (loss) $ (35)            
Preferred stock, issued, ending balance (in shares) at Sep. 30, 2024   20,000          
Common stock, ending balance (in shares) at Sep. 30, 2024 584,172,823   609,713,834        
Total equity, ending balance at Sep. 30, 2024 $ 16,887 $ 0 $ 6 16,362 (68) 1,237 (650)
Preferred stock, beginning balance (in shares) at Mar. 31, 2024   20,000          
Common stock, beginning balance (in shares) at Mar. 31, 2024     609,713,834        
Total equity, beginning balance at Mar. 31, 2024 16,445 $ 0 $ 6 16,303 (128) 927 (663)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 780         780  
Other comprehensive income (loss) 20       20    
Common stock issued 28     18     10
Common stock dividends (580)         (580)  
Other, net 16     17   (1)  
Preferred stock, issued, ending balance (in shares) at Jun. 30, 2024   20,000          
Common stock, ending balance (in shares) at Jun. 30, 2024     609,713,834        
Total equity, ending balance at Jun. 30, 2024 16,709 $ 0 $ 6 16,338 (108) 1,126 (653)
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net income 693         693  
Other comprehensive income (loss) 40       40    
Preferred stock dividends (1)         (1)  
Common stock issued 10     7     3
Common stock dividends (578)         (578)  
Other, net $ 14     17   (3)  
Preferred stock, issued, ending balance (in shares) at Sep. 30, 2024   20,000          
Common stock, ending balance (in shares) at Sep. 30, 2024 584,172,823   609,713,834        
Total equity, ending balance at Sep. 30, 2024 $ 16,887 $ 0 $ 6 $ 16,362 $ (68) $ 1,237 $ (650)