XML 127 R10.htm IDEA: XBRL DOCUMENT v3.24.0.1
STATEMENTS OF CONSOLIDATED CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Series A Preferred Stock
Cumulative Preferred Stock
Cumulative Preferred Stock
Series B and Series C Preferred Stock
Cumulative Preferred Stock
Series A Preferred Stock
Common Stock
Additional Paid-in-Capital
Additional Paid-in-Capital
Series B and Series C Preferred Stock
Retained Earnings (Accumulated Deficit)
Retained Earnings (Accumulated Deficit)
Series A Preferred Stock
Retained Earnings (Accumulated Deficit)
Series B Preferred Stock
Accumulated Other Comprehensive Loss
Balance, beginning of period (in shares) at Dec. 31, 2020     3,000,000                  
Balance, beginning of year at Dec. 31, 2020     $ 2,363     $ 6 $ 6,914   $ (845)     $ (90)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Conversion of Series B Preferred Stock and Series C Preferred Stock (in shares)       (2,000,000)                
Conversion of Series B Preferred Stock and Series C Preferred Stock       $ (1,573)       $ 1,573        
Redemption of Series A Preferred Stock (in shares)         0              
Redemption of Series A Preferred Stock         $ 0              
Stock issued (in shares)           77,000,000            
Stock issued           $ 0 1          
Balance, end of year (in shares) at Dec. 31, 2021 800,000 800,000 1,000,000                  
Balance, beginning of year (in shares) at Dec. 31, 2020           551,000,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance related to benefit and investment plans (in shares)           1,000,000            
Issuances related to benefit and investment plans           $ 0 41          
Net income (loss) $ 1,486               1,486      
Common Stock dividends declared (see Note 12)                 (404)      
Preferred stock dividends declared                   $ (49) $ (34)  
Net current period other comprehensive income (loss) 26                     26
Balance, end of year (in shares) at Dec. 31, 2021           629,000,000            
Balance, end of year at Dec. 31, 2021 $ 9,415   $ 790     $ 6 8,529   154     (64)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Conversion of Series B Preferred Stock and Series C Preferred Stock (in shares)       0                
Conversion of Series B Preferred Stock and Series C Preferred Stock       $ 0       0        
Redemption of Series A Preferred Stock (in shares)         0              
Redemption of Series A Preferred Stock         $ 0              
Stock issued (in shares)           0            
Stock issued           $ 0 0          
Balance, end of year (in shares) at Dec. 31, 2022 800,000 800,000 1,000,000                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance related to benefit and investment plans (in shares)           1,000,000            
Issuances related to benefit and investment plans           $ 0 39          
Net income (loss) $ 1,057               1,057      
Common Stock dividends declared (see Note 12)                 (453)      
Preferred stock dividends declared                   (49) 0  
Net current period other comprehensive income (loss) $ 33                     33
Balance, end of year (in shares) at Dec. 31, 2022 629,535,631         630,000,000            
Balance, end of year at Dec. 31, 2022 $ 10,042   $ 790     $ 6 8,568   709     (31)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Conversion of Series B Preferred Stock and Series C Preferred Stock (in shares)       0                
Conversion of Series B Preferred Stock and Series C Preferred Stock       $ 0       $ 0        
Redemption of Series A Preferred Stock (in shares)         (1,000,000)              
Redemption of Series A Preferred Stock         $ (790)              
Stock issued (in shares)           0            
Stock issued           $ 0 0          
Balance, end of year (in shares) at Dec. 31, 2023 0 0 0                  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                        
Issuance related to benefit and investment plans (in shares)           1,000,000            
Issuances related to benefit and investment plans           $ 0 36          
Net income (loss) $ 917               917      
Common Stock dividends declared (see Note 12)                 (492)      
Preferred stock dividends declared                   $ (42) $ 0  
Net current period other comprehensive income (loss) $ (4)                     (4)
Balance, end of year (in shares) at Dec. 31, 2023 631,225,829         631,000,000            
Balance, end of year at Dec. 31, 2023 $ 9,667   $ 0     $ 6 $ 8,604   $ 1,092     $ (35)