CONDENSED CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
$ in Millions |
Total |
Total Shareholders' Equity |
Preferred Stock |
Common Stock |
Reinvested Earnings |
Accumulated Other Comprehensive Income (Loss) |
Non- controlling Interest - Preferred Stock of Subsidiary |
| Beginning balance at Dec. 31, 2024 |
$ 30,401
|
$ 30,149
|
$ 1,579
|
$ 31,555
|
$ (2,966)
|
$ (19)
|
$ 252
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
2,193,573,536
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net income |
634
|
634
|
|
|
634
|
|
|
| Other comprehensive (loss) income |
7
|
7
|
|
|
|
7
|
|
| Common stock issued, net (in shares) |
|
|
|
4,111,477
|
|
|
|
| Common stock issued, net |
(1)
|
(1)
|
|
$ (1)
|
|
|
|
| Stock-based compensation amortization |
(22)
|
(22)
|
|
(22)
|
|
|
|
| Common stock dividends declared |
(55)
|
(55)
|
|
|
(55)
|
|
|
| Preferred stock dividend requirement |
(27)
|
(27)
|
|
|
(27)
|
|
|
| Ending balance at Mar. 31, 2025 |
30,937
|
30,685
|
1,579
|
$ 31,532
|
(2,414)
|
(12)
|
252
|
| Ending balance (in shares) at Mar. 31, 2025 |
|
|
|
2,197,685,013
|
|
|
|
| Beginning balance at Dec. 31, 2024 |
30,401
|
30,149
|
1,579
|
$ 31,555
|
(2,966)
|
(19)
|
252
|
| Beginning balance (in shares) at Dec. 31, 2024 |
|
|
|
2,193,573,536
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net income |
2,033
|
|
|
|
|
|
|
| Other comprehensive (loss) income |
11
|
|
|
|
|
|
|
| Ending balance at Sep. 30, 2025 |
32,230
|
31,978
|
1,579
|
$ 31,588
|
(1,181)
|
(8)
|
252
|
| Ending balance (in shares) at Sep. 30, 2025 |
|
|
|
2,197,907,403
|
|
|
|
| Beginning balance at Mar. 31, 2025 |
30,937
|
30,685
|
1,579
|
$ 31,532
|
(2,414)
|
(12)
|
252
|
| Beginning balance (in shares) at Mar. 31, 2025 |
|
|
|
2,197,685,013
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net income |
549
|
549
|
|
|
549
|
|
|
| Other comprehensive (loss) income |
8
|
8
|
|
|
|
8
|
|
| Common stock issued, net (in shares) |
|
|
|
152,389
|
|
|
|
| Stock-based compensation amortization |
28
|
28
|
|
$ 28
|
|
|
|
| Common stock dividends declared |
(56)
|
(56)
|
|
|
(56)
|
|
|
| Preferred stock dividend requirement |
(28)
|
(28)
|
|
|
(28)
|
|
|
| Ending balance at Jun. 30, 2025 |
31,438
|
31,186
|
1,579
|
$ 31,560
|
(1,949)
|
(4)
|
252
|
| Ending balance (in shares) at Jun. 30, 2025 |
|
|
|
2,197,837,402
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net income |
850
|
850
|
|
|
850
|
|
|
| Other comprehensive (loss) income |
(4)
|
(4)
|
|
|
|
(4)
|
|
| Common stock issued, net (in shares) |
|
|
|
70,001
|
|
|
|
| Stock-based compensation amortization |
28
|
28
|
|
$ 28
|
|
|
|
| Common stock dividends declared |
(55)
|
(55)
|
|
|
(55)
|
|
|
| Preferred stock dividend requirement |
(27)
|
(27)
|
|
|
(27)
|
|
|
| Ending balance at Sep. 30, 2025 |
32,230
|
31,978
|
1,579
|
$ 31,588
|
(1,181)
|
(8)
|
252
|
| Ending balance (in shares) at Sep. 30, 2025 |
|
|
|
2,197,907,403
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
$ 32,792
|
32,540
|
1,579
|
$ 31,636
|
(650)
|
(25)
|
252
|
| Beginning balance (in shares) at Dec. 31, 2025 |
2,193,573,536
|
|
|
2,197,942,874
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net income |
$ 885
|
885
|
|
|
885
|
|
|
| Other comprehensive (loss) income |
(6)
|
(6)
|
|
|
|
(6)
|
|
| Common stock issued, net (in shares) |
|
|
|
4,281,854
|
|
|
|
| Stock-based compensation amortization |
(31)
|
(31)
|
|
$ (31)
|
|
|
|
| Common stock dividends declared |
(111)
|
(111)
|
|
|
(111)
|
|
|
| Preferred stock dividend requirement |
(27)
|
(27)
|
|
|
(27)
|
|
|
| Ending balance at Mar. 31, 2026 |
33,502
|
33,250
|
1,579
|
$ 31,605
|
97
|
(31)
|
252
|
| Ending balance (in shares) at Mar. 31, 2026 |
|
|
|
2,202,224,728
|
|
|
|
| Beginning balance at Dec. 31, 2025 |
$ 32,792
|
32,540
|
1,579
|
$ 31,636
|
(650)
|
(25)
|
252
|
| Beginning balance (in shares) at Dec. 31, 2025 |
2,193,573,536
|
|
|
2,197,942,874
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net income |
$ 2,422
|
|
|
|
|
|
|
| Other comprehensive (loss) income |
(11)
|
|
|
|
|
|
|
| Ending balance at Sep. 30, 2026 |
$ 34,825
|
34,573
|
1,579
|
$ 31,672
|
1,357
|
(35)
|
252
|
| Ending balance (in shares) at Sep. 30, 2026 |
2,202,416,553
|
|
|
2,202,416,553
|
|
|
|
| Beginning balance at Mar. 31, 2026 |
$ 33,502
|
33,250
|
1,579
|
$ 31,605
|
97
|
(31)
|
252
|
| Beginning balance (in shares) at Mar. 31, 2026 |
|
|
|
2,202,224,728
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net income |
761
|
761
|
|
|
761
|
|
|
| Other comprehensive (loss) income |
(2)
|
(2)
|
|
|
|
(2)
|
|
| Common stock issued, net (in shares) |
|
|
|
141,998
|
|
|
|
| Stock-based compensation amortization |
31
|
31
|
|
$ 31
|
|
|
|
| Common stock dividends declared |
(111)
|
(111)
|
|
|
(111)
|
|
|
| Preferred stock dividend requirement |
(28)
|
(28)
|
|
|
(28)
|
|
|
| Ending balance at Jun. 30, 2026 |
34,153
|
33,901
|
1,579
|
$ 31,636
|
719
|
(33)
|
252
|
| Ending balance (in shares) at Jun. 30, 2026 |
|
|
|
2,202,366,726
|
|
|
|
| Increase (Decrease) in Stockholders' Equity [Roll Forward] |
|
|
|
|
|
|
|
| Net income |
776
|
776
|
|
|
776
|
|
|
| Other comprehensive (loss) income |
(2)
|
(2)
|
|
|
|
(2)
|
|
| Common stock issued, net (in shares) |
|
|
|
49,827
|
|
|
|
| Stock-based compensation amortization |
36
|
36
|
|
$ 36
|
|
|
|
| Common stock dividends declared |
(111)
|
(111)
|
|
|
(111)
|
|
|
| Preferred stock dividend requirement |
(27)
|
(27)
|
|
|
(27)
|
|
|
| Ending balance at Sep. 30, 2026 |
$ 34,825
|
$ 34,573
|
$ 1,579
|
$ 31,672
|
$ 1,357
|
$ (35)
|
$ 252
|
| Ending balance (in shares) at Sep. 30, 2026 |
2,202,416,553
|
|
|
2,202,416,553
|
|
|
|