v3.26.3
Condensed Consolidated Statements of Stockholders' Equity (Deficit) - USD ($)
$ in Millions
Total
Common Stock
Additional Paid-in Capital
Earnings Reinvested in the Business
Accumulated Other Comprehensive Losses
Cost of Repurchased Stock
Non-controlling Interest
Beginning balance at Dec. 31, 2024 $ (2,188) $ 935 $ 5,905 $ 35,516 $ (2,400) $ (42,194) $ 50 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings (losses) 5,830     5,830      
Other comprehensive earnings (losses), net of deferred income taxes (309)       (309)    
Stock award activity $ 21   1     20  
Cash dividends declared (USD per share) $ 3.10            
Cash dividends declared $ (5,231)     (5,231)      
Repurchases of common stock (712)         (712)  
Other (7)         (7)  
Ending balance at Sep. 30, 2025 (2,596) 935 5,906 36,115 (2,709) (42,893) 50 [1]
Beginning balance at Jun. 30, 2025 (3,206) 935 5,895 35,525 (2,831) (42,780) 50 [2]
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings (losses) 2,375     2,375      
Other comprehensive earnings (losses), net of deferred income taxes 122       122    
Stock award activity $ 11   11        
Cash dividends declared (USD per share) $ 1.06            
Cash dividends declared $ (1,785)     (1,785)      
Repurchases of common stock (112)         (112)  
Other (1)         (1)  
Ending balance at Sep. 30, 2025 (2,596) 935 5,906 36,115 (2,709) (42,893) 50 [1]
Beginning balance at Dec. 31, 2025 (3,452) 935 5,921 35,452 (2,627) (43,183) 50 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings (losses) 6,995     6,999     (4) [1]
Other comprehensive earnings (losses), net of deferred income taxes 414       414    
Stock award activity $ 11   (5)     16  
Cash dividends declared (USD per share) $ 3.23            
Cash dividends declared $ (5,405)     (5,405)      
Repurchases of common stock (735)         (735)  
Other (1)         (7) 6 [1]
Ending balance at Sep. 30, 2026 (2,173) 935 5,916 37,046 (2,213) (43,909) 52 [2]
Beginning balance at Jun. 30, 2026 (2,618) 935 5,901 36,382 (2,381) (43,505) 50 [2]
Increase (Decrease) in Stockholders' Equity [Roll Forward]              
Net earnings (losses) 2,514     2,518     (4) [2]
Other comprehensive earnings (losses), net of deferred income taxes 168       168    
Stock award activity $ 15   15        
Cash dividends declared (USD per share) $ 1.11            
Cash dividends declared $ (1,854)     (1,854)      
Repurchases of common stock (400)         (400)  
Other 2         (4) 6 [2]
Ending balance at Sep. 30, 2026 $ (2,173) $ 935 $ 5,916 $ 37,046 $ (2,213) $ (43,909) $ 52 [2]
[1] Represents amounts attributable to JTIUH’s noncontrolling interest in Horizon. See Note 1. Background and Basis of Presentation.
[2] Represents amounts attributable to JTIUH’s noncontrolling interest in Horizon. See Note 1. Background and Basis of Presentation.