v3.26.3
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY - USD ($)
shares in Millions, $ in Millions
Total
COMMON SHARES
ADDITIONAL PAID-IN CAPITAL:
ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS), NET OF DEFERRED INCOME TAXES:
RETAINED EARNINGS:
TREASURY SHARES AT COST:
Balance beginning of period (in shares) at Dec. 31, 2024   43.0        
Balance beginning of period at Dec. 31, 2024   $ 1 $ 3,812 $ (1,138) $ 15,309 $ (4,108)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issued (redeemed) during the period, net (in shares)   0.2        
Treasury shares acquired (in shares)   (1.2)        
Purchase of treasury shares           (400)
Share-based compensation plans     24     0
Net increase (decrease) during the period $ 984     984    
Net income (loss) 1,145       1,145  
Dividends declared ($2.00 per share in 3Q 2026 and $6.00 per share YTD in 2026; $2.00 per share in 3Q 2025 and $6.00 per share YTD in 2025)         (253)  
Balance ending of period (in shares) at Sep. 30, 2025   42.0        
Balance ending of period at Sep. 30, 2025 15,375 $ 1 3,835 (154) 16,202 (4,508)
Balance beginning of period (in shares) at Jun. 30, 2025   41.9        
Balance beginning of period at Jun. 30, 2025   $ 1 3,818 (321) 16,030 (4,508)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Purchase of treasury shares           0
Share-based compensation plans     17     0
Net increase (decrease) during the period 167     167    
Net income (loss) 255       255  
Dividends declared ($2.00 per share in 3Q 2026 and $6.00 per share YTD in 2026; $2.00 per share in 3Q 2025 and $6.00 per share YTD in 2025)         (84)  
Balance ending of period (in shares) at Sep. 30, 2025   42.0        
Balance ending of period at Sep. 30, 2025 $ 15,375 $ 1 3,835 (154) 16,202 (4,508)
Balance beginning of period (in shares) at Dec. 31, 2025 74.4 40.7        
Balance beginning of period at Dec. 31, 2025 $ 15,461 $ 1 3,852 (52) 16,565 (4,906)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Issued (redeemed) during the period, net (in shares)   0.1        
Treasury shares acquired (in shares)   (3.4)        
Purchase of treasury shares           (1,200)
Share-based compensation plans     39     2
Net increase (decrease) during the period (1,262)     (1,262)    
Net income (loss) $ 1,445       1,445  
Dividends declared ($2.00 per share in 3Q 2026 and $6.00 per share YTD in 2026; $2.00 per share in 3Q 2025 and $6.00 per share YTD in 2025)         (233)  
Balance ending of period (in shares) at Sep. 30, 2026 74.5 37.4        
Balance ending of period at Sep. 30, 2026 $ 14,252 $ 1 3,891 (1,314) 17,777 (6,104)
Balance beginning of period (in shares) at Jun. 30, 2026   38.7        
Balance beginning of period at Jun. 30, 2026   $ 1 3,871 (432) 17,620 (5,630)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Treasury shares acquired (in shares)   (1.3)        
Purchase of treasury shares           (474)
Share-based compensation plans     20     1
Net increase (decrease) during the period (882)     (882)    
Net income (loss) $ 233       233  
Dividends declared ($2.00 per share in 3Q 2026 and $6.00 per share YTD in 2026; $2.00 per share in 3Q 2025 and $6.00 per share YTD in 2025)         (75)  
Balance ending of period (in shares) at Sep. 30, 2026 74.5 37.4        
Balance ending of period at Sep. 30, 2026 $ 14,252 $ 1 $ 3,891 $ (1,314) $ 17,777 $ (6,104)