v3.26.1
Consolidated Condensed Statements of Equity - USD ($)
$ in Millions
Total
Preferred Stock
Common Stock
Treasury Stock
Additional Paid-in Capital
Retained Earnings
Accumulated Other Comprehensive Income (Loss)
Noncontrolling interest
Beginning balance at Dec. 31, 2024 $ 34,480 $ 8,287 $ 233 $ (15,597) $ 19,868 $ 21,189 $ 179 $ 321
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 1,413         1,394   19
Other comprehensive loss, net of tax (15)           (15)  
Dividends on common stock (467)         (467)    
Dividends on preferred stock (340)         (340)    
Shareholder warrants exercised 896   9   887      
Issuance of common stock and other, net of cancellations 95   1   94      
Noncontrolling interest contributions 114             114
Ending balance at Jun. 30, 2025 36,176 8,287 243 (15,597) 20,849 21,776 164 454
Beginning balance at Mar. 31, 2025 35,105 8,287 234 (15,597) 19,892 21,726 170 393
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 468         458   10
Other comprehensive loss, net of tax (6)           (6)  
Dividends on common stock (238)         (238)    
Dividends on preferred stock (170)         (170)    
Shareholder warrants exercised 893   9   884      
Issuance of common stock and other, net of cancellations 73       73      
Noncontrolling interest contributions 51             51
Ending balance at Jun. 30, 2025 36,176 8,287 243 (15,597) 20,849 21,776 164 454
Beginning balance at Dec. 31, 2025 36,598 8,287 243 (15,597) 21,008 21,891 202 564
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 6,355         6,322   33
Other comprehensive loss, net of tax (11)           (11)  
Dividends on common stock (523)         (523)    
Dividends on preferred stock (340)         (340)    
Shareholder warrants exercised 276   3   273      
Options exercised 9       9      
Issuance of common stock and other, net of cancellations 96       96      
Purchases of treasury stock (117)     (117)        
Noncontrolling interest contributions 38             38
Ending balance at Jun. 30, 2026 42,381 8,287 246 (15,714) 21,386 27,350 191 635
Beginning balance at Mar. 31, 2026 39,560 8,287 244 (15,676) 21,077 24,806 194 628
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 2,996         2,977   19
Other comprehensive loss, net of tax (3)           (3)  
Dividends on common stock (263)         (263)    
Dividends on preferred stock (170)         (170)    
Shareholder warrants exercised 197   2   195      
Options exercised 3       3      
Issuance of common stock and other, net of cancellations 111       111      
Purchases of treasury stock (38)     (38)        
Noncontrolling interest contributions (12)             (12)
Ending balance at Jun. 30, 2026 $ 42,381 $ 8,287 $ 246 $ (15,714) $ 21,386 $ 27,350 $ 191 $ 635