v3.26.3
Stockholders' Equity (Notes)
9 Months Ended
Sep. 30, 2026
Stockholders' Equity Note [Abstract]  
Stockholders' Equity
4. Stockholders’ Equity

Class P Common Stock

Dividends

The following table provides information about our per share dividends:
Three Months Ended
September 30,
Nine Months Ended
September 30,
2026202520262025
Per share cash dividend declared for the period$0.2975 $0.2925 $0.8925 $0.8775 
Per share cash dividend paid in the period0.2975 0.2925 0.8875 0.8725 

On October 21, 2026, our board of directors declared a cash dividend of $0.2975 per share for the quarterly period ended September 30, 2026, which is payable on November 16, 2026 to shareholders of record as of the close of business on November 2, 2026.

Accumulated Other Comprehensive Income (Loss)

Changes in the components of our “Accumulated other comprehensive income (loss)” not including noncontrolling interests are summarized as follows:
Net unrealized
gains/(losses)
on cash flow
hedge derivatives
Pension and
other
postretirement
liability adjustments
Total
accumulated other
comprehensive income (loss)
(In millions)
Balance as of December 31, 2025
$67 $(22)$45 
Other comprehensive loss before reclassifications
(308)(9)(317)
Loss reclassified from accumulated other comprehensive loss
110 — 110 
Net current-period change in accumulated other comprehensive loss(198)(9)(207)
Balance as of September 30, 2026$(131)$(31)$(162)
Net unrealized
gains/(losses)
on cash flow
hedge derivatives
Pension and
other
postretirement
liability adjustments
Total
accumulated other
comprehensive loss
(In millions)
Balance as of December 31, 2024
$(33)$(62)$(95)
Other comprehensive gain (loss) before reclassifications145 (5)140 
Gain reclassified from accumulated other comprehensive loss
(59)— (59)
Net current-period change in accumulated other comprehensive loss86 (5)81 
Balance as of September 30, 2025$53 $(67)$(14)