v3.25.2
Consolidated Statement of Changes in Equity (Unaudited) - USD ($)
$ in Millions
Total
Total
Common Shares
Common Stock and Capital Surplus
Retained Earnings
Accumulated Other Comp. Income (Loss)
Beginning Balance (shares) at Dec. 31, 2023     83,635,807      
Beginning Balance at Dec. 31, 2023   $ 4,258   $ 1,456 $ 3,121 $ (319)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings $ 451 451     451  
Other comprehensive income (loss)   (12)       (12)
Dividends   (328)     (328)  
Shares issued:            
Exercise of stock options (shares)     96,134      
Exercise of stock options   4   4    
Restricted stock awards (shares)     157,681      
Other benefit plans (shares)     51,161      
Other benefit plans   7   7    
Dividend reinvestment plan (shares)     10,068      
Dividend reinvestment plan   1   1    
Stock-based compensation expense   9   9    
Shares acquired and retired (shares)     0      
Shares acquired and retired   0   0 0  
Shares exchanged — benefit plans (shares)     (47,891)      
Shares exchanged — benefit plans   (6)   (1) (5)  
Forfeitures of restricted stock (shares)     (5,693)      
Ending Balance (shares) at Jun. 30, 2024     83,897,267      
Ending Balance at Jun. 30, 2024   4,384   1,476 3,239 (331)
Beginning Balance (shares) at Mar. 31, 2024     83,857,354      
Beginning Balance at Mar. 31, 2024   4,240   1,466 3,089 (315)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings $ 209 209     209  
Other comprehensive income (loss)   (16)       (16)
Dividends   (59)     (59)  
Shares issued:            
Exercise of stock options (shares)     3,283      
Exercise of stock options   0   0    
Restricted stock awards (shares)     0      
Other benefit plans (shares)     35,357      
Other benefit plans   5   5    
Dividend reinvestment plan (shares)     1,815      
Dividend reinvestment plan   0        
Stock-based compensation expense   5   5    
Shares acquired and retired (shares)     0      
Shares acquired and retired   0   0 0  
Shares exchanged — benefit plans (shares)     (21)      
Shares exchanged — benefit plans   0   0 0  
Forfeitures of restricted stock (shares)     (521)      
Ending Balance (shares) at Jun. 30, 2024     83,897,267      
Ending Balance at Jun. 30, 2024   4,384   1,476 3,239 (331)
Beginning Balance (shares) at Dec. 31, 2024 83,978,258   83,978,258      
Beginning Balance at Dec. 31, 2024   4,466   1,495 3,211 (240)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings $ 328 328     328  
Other comprehensive income (loss)   108       108
Dividends   (302)     (302)  
Shares issued:            
Exercise of stock options (shares)     18,932      
Exercise of stock options   1   1    
Restricted stock awards (shares)     166,297      
Other benefit plans (shares)     53,564      
Other benefit plans   7   7    
Dividend reinvestment plan (shares)     9,096      
Dividend reinvestment plan   1   1    
Stock-based compensation expense   9   9    
Shares acquired and retired (shares)     (782,134)      
Shares acquired and retired   (97)   (15) (82)  
Shares exchanged — benefit plans (shares)     (42,950)      
Shares exchanged — benefit plans   (5)   (1) (4)  
Forfeitures of restricted stock (shares)     (15,402)      
Ending Balance (shares) at Jun. 30, 2025 83,385,661   83,385,661      
Ending Balance at Jun. 30, 2025   4,516   1,497 3,151 (132)
Beginning Balance (shares) at Mar. 31, 2025     83,668,453      
Beginning Balance at Mar. 31, 2025   4,392   1,493 3,078 (179)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net earnings $ 174 174     174  
Other comprehensive income (loss)   47       47
Dividends   (68)     (68)  
Shares issued:            
Exercise of stock options (shares)     0      
Exercise of stock options   0   0    
Restricted stock awards (shares)     0      
Other benefit plans (shares)     37,907      
Other benefit plans   5   5    
Dividend reinvestment plan (shares)     2,076      
Dividend reinvestment plan   0   0    
Stock-based compensation expense   5   5    
Shares acquired and retired (shares)     (319,736)      
Shares acquired and retired   (39)   (6) (33)  
Shares exchanged — benefit plans (shares)     (141)      
Shares exchanged — benefit plans   0   0 0  
Forfeitures of restricted stock (shares)     (2,898)      
Ending Balance (shares) at Jun. 30, 2025 83,385,661   83,385,661      
Ending Balance at Jun. 30, 2025   $ 4,516   $ 1,497 $ 3,151 $ (132)