v3.26.1
EARNINGS PER SHARE AND EQUITY - Schedule of Calculation of Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Basic earnings (loss) per common share        
Income from continuing operations $ 3,000 $ 338 $ 3,236 $ 1,168
Discontinued operations, net of taxes (4) 130 3,119 245
NET INCOME 2,996 468 6,355 1,413
Less: Net income attributable to noncontrolling interest (19) (10) (33) (19)
Less: Preferred stock dividends (170) (170) (340) (340)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS 2,807 288 5,982 1,054
Less: Incremental fair value for warrants inducement 0 (25) 0 (25)
Less: Net income allocated to participating securities (20) (2) (37) (7)
Net income, net of participating securities $ 2,787 $ 261 $ 5,945 $ 1,022
Weighted-average number of basic shares (in shares) 997.1 985.1 993.7 963.5
Basic income per common share (in dollars per share) $ 2.80 $ 0.27 $ 5.98 $ 1.06
Less: Incremental fair value for warrants inducement $ 0 $ (25) $ 0 $ (25)
Less: Net income allocated to participating securities (19) (2) (37) (7)
Net income, net of participating securities $ 2,788 $ 261 $ 5,945 $ 1,022
Dilutive securities (in shares) 15.1 25.3 16.1 33.5
Total diluted weighted-average common shares (in shares) 1,012.2 1,010.4 1,009.8 997.0
Diluted income per common share (in dollars per share) $ 2.75 $ 0.26 $ 5.89 $ 1.03
Antidilutive securities (in shares) 83.9 84.2 83.9 83.9