v3.25.2
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
$ in Millions
Total
Series A Preferred Stock
Series B Preferred Stock
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Series A Preferred Stock
Retained Earnings
Series B Preferred Stock
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Preferred stock, beginning balance (in shares) at Dec. 31, 2023       750,000              
Beginning balance at Dec. 31, 2023 $ 13,903     $ 734 $ 1 $ 9,775 $ 18,662     $ (68) $ (15,201)
Beginning balance (in shares) at Dec. 31, 2023         833,985,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net earnings 1,293           1,293        
Other comprehensive income (1)                 (1)  
Issuance of preferred stock (in shares)       500,000              
Issuance of preferred stock 488     $ 488              
Purchases of treasury stock (300)                   (300)
Stock-based compensation 12         (7) (52)       71
Dividends - preferred stock   $ (11) $ (9)         $ (11)      
Dividends - common stock (102)           (102)        
Preferred stock, ending balance (in shares) at Mar. 31, 2024       1,250,000              
Ending balance at Mar. 31, 2024 15,282     $ 1,222 $ 1 9,768 19,790     (69) (15,430)
Ending balance (in shares) at Mar. 31, 2024         833,985,000            
Preferred stock, beginning balance (in shares) at Dec. 31, 2023       750,000              
Beginning balance at Dec. 31, 2023 13,903     $ 734 $ 1 9,775 18,662     (68) (15,201)
Beginning balance (in shares) at Dec. 31, 2023         833,985,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net earnings 1,936                    
Other comprehensive income (5)                    
Preferred stock, ending balance (in shares) at Jun. 30, 2024       1,250,000              
Ending balance at Jun. 30, 2024 15,540     $ 1,222 $ 1 9,793 20,310     (73) (15,713)
Ending balance (in shares) at Jun. 30, 2024         833,985,000            
Preferred stock, beginning balance (in shares) at Mar. 31, 2024       1,250,000              
Beginning balance at Mar. 31, 2024 15,282     $ 1,222 $ 1 9,768 19,790     (69) (15,430)
Beginning balance (in shares) at Mar. 31, 2024         833,985,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net earnings 643           643        
Other comprehensive income (4)                 (4)  
Purchases of treasury stock (305)                   (305)
Stock-based compensation (in shares)         0            
Stock-based compensation 43         25 (4)       22
Dividends - preferred stock (10)           (10)   $ (9)    
Dividends - common stock (100)           (100)        
Preferred stock, ending balance (in shares) at Jun. 30, 2024       1,250,000              
Ending balance at Jun. 30, 2024 $ 15,540     $ 1,222 $ 1 9,793 20,310     (73) (15,713)
Ending balance (in shares) at Jun. 30, 2024         833,985,000            
Preferred stock, beginning balance (in shares) at Dec. 31, 2024 1,250,000     1,250,000              
Beginning balance at Dec. 31, 2024 $ 16,580     $ 1,222 $ 1 9,853 21,635     (59) (16,072)
Beginning balance (in shares) at Dec. 31, 2024 833,984,684       833,985,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net earnings $ 757           757        
Other comprehensive income 6                 6  
Purchases of treasury stock (605)                   (605)
Stock-based compensation (39)         (49) (65)       75
Dividends - preferred stock   (11) (10)         (11) (10)    
Dividends - common stock (97)           (97)        
Preferred stock, ending balance (in shares) at Mar. 31, 2025       1,250,000              
Ending balance at Mar. 31, 2025 $ 16,581     $ 1,222 $ 1 9,804 22,209     (53) (16,602)
Ending balance (in shares) at Mar. 31, 2025         833,985,000            
Preferred stock, beginning balance (in shares) at Dec. 31, 2024 1,250,000     1,250,000              
Beginning balance at Dec. 31, 2024 $ 16,580     $ 1,222 $ 1 9,853 21,635     (59) (16,072)
Beginning balance (in shares) at Dec. 31, 2024 833,984,684       833,985,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net earnings $ 1,724                    
Other comprehensive income $ 14                    
Preferred stock, ending balance (in shares) at Jun. 30, 2025 1,250,000     1,250,000              
Ending balance at Jun. 30, 2025 $ 16,952     $ 1,222 $ 1 9,836 23,036     (45) (17,098)
Ending balance (in shares) at Jun. 30, 2025 833,984,684       833,985,000            
Preferred stock, beginning balance (in shares) at Mar. 31, 2025       1,250,000              
Beginning balance at Mar. 31, 2025 $ 16,581     $ 1,222 $ 1 9,804 22,209     (53) (16,602)
Beginning balance (in shares) at Mar. 31, 2025         833,985,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                      
Net earnings 967           967        
Other comprehensive income 8                 8  
Purchases of treasury stock (504)                   (504)
Stock-based compensation (in shares)         0            
Stock-based compensation 35         32 (5)       8
Dividends - preferred stock   $ (10) $ (11)         $ (10) $ (11)    
Dividends - common stock $ (114)           (114)        
Preferred stock, ending balance (in shares) at Jun. 30, 2025 1,250,000     1,250,000              
Ending balance at Jun. 30, 2025 $ 16,952     $ 1,222 $ 1 $ 9,836 $ 23,036     $ (45) $ (17,098)
Ending balance (in shares) at Jun. 30, 2025 833,984,684       833,985,000