v3.25.2
CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common shares:
Other capital:
Retained earnings:
Accumulated other comprehensive loss:
Balance at beginning of period at Dec. 31, 2023   $ 912 $ 7,608 $ 2,009 $ (293)
Issued for exercise of stock options and vested units   2 3    
Repurchases of common shares (Note 4)   (4) (95)    
Share-based compensation     22    
Other transactions, net     (8)    
Net earnings $ 287     287  
Dividends on common shares       (399)  
Other comprehensive income $ 1       1
Dividends paid per common share $ 0.54        
Balance at end of period at Jun. 30, 2024 $ 10,045 910 7,530 1,897 (292)
Balance at beginning of period at Mar. 31, 2024   912 7,566 1,870 (294)
Issued for exercise of stock options and vested units   0 1    
Repurchases of common shares (Note 4)   (2) (48)    
Share-based compensation     12    
Other transactions, net     (1)    
Net earnings 173     173  
Dividends on common shares       (146)  
Other comprehensive income $ 2       2
Dividends paid per common share $ 0.2        
Balance at end of period at Jun. 30, 2024 $ 10,045 910 7,530 1,897 (292)
Balance at beginning of period at Dec. 31, 2024 9,721 908 7,500 1,715 (402)
Issued for exercise of stock options and vested units   1 1    
Repurchases of common shares (Note 4)   (6) (119)    
Share-based compensation     23    
Other transactions, net     (4)    
Net earnings 170     170  
Dividends on common shares       (309)  
Other comprehensive income $ 46       46
Dividends paid per common share $ 0.42        
Balance at end of period at Jun. 30, 2025 $ 9,524 903 7,401 1,576 (356)
Balance at beginning of period at Mar. 31, 2025   908 7,483 1,643 (389)
Issued for exercise of stock options and vested units   0 0    
Repurchases of common shares (Note 4)   (5) (95)    
Share-based compensation     12    
Other transactions, net     1    
Net earnings 87     87  
Dividends on common shares       (154)  
Other comprehensive income $ 33       33
Dividends paid per common share $ 0.21        
Balance at end of period at Jun. 30, 2025 $ 9,524 $ 903 $ 7,401 $ 1,576 $ (356)