v3.25.4
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions
Total
Total
Capital Stock
Cap. in Excess of Par Value  of Stock
Retained Earnings/(Accumulated Deficit)
Accumulated Other Comprehensive Income/(Loss)
Treasury Stock
Equity Attributable to Non-controlling Interests
Beginning Balance at Dec. 31, 2022 $ 43,167 $ 43,242 $ 42 $ 22,832 $ 31,754 $ (9,339) $ (2,047) $ (75)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income/(loss) 4,329 4,347     4,347     (18)
Other comprehensive income/(loss), net of tax 298 297       297   1
Common stock issued [1] 425 425   425        
Treasury stock/other  (337) (466)   (129)     (337) 129
Dividend and dividend equivalents declared [2] (5,084) (5,072)     (5,072)     (12)
Ending balance at Dec. 31, 2023 42,798 42,773 42 23,128 31,029 (9,042) (2,384) 25
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income/(loss) 5,894 5,879     5,879     15
Other comprehensive income/(loss), net of tax (598) (597)       (597)   (1)
Common stock issued [1] 374 374   374        
Treasury stock/other  (426) (426)         (426)  
Dividend and dividend equivalents declared [2] (3,184) (3,168)     (3,168)     (16)
Ending balance at Dec. 31, 2024 44,858 44,835 42 23,502 33,740 (9,639) (2,810) 23
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income/(loss) (8,162) (8,182)     (8,182)     20
Other comprehensive income/(loss), net of tax 1,928 1,929       1,929   (1)
Common stock issued [1] 420 420   420        
Dividend and dividend equivalents declared [2] (3,064) (3,050)     (3,050)     (14)
Ending balance at Dec. 31, 2025 $ 35,980 $ 35,952 $ 42 $ 23,922 $ 22,508 $ (7,710) $ (2,810) $ 28
[1] Includes impacts of share-based compensation.
[2] We declared dividends per share of Common and Class B Stock of $1.25, $0.78, and $0.75 in 2023, 2024 and 2025, respectively. In the first quarter of 2023, 2024, and 2025, in addition to a regular dividend of $0.15 per share, we declared a supplemental dividend of $0.65 per share, $0.18 per share, and $0.15 per share, respectively. On February 2, 2026, we declared a regular dividend of $0.15 per share.