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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY - USD ($)
$ in Millions
Total
Common shares:
Other capital:
Retained earnings:
Accumulated other comprehensive loss:
Balance at beginning of period at Dec. 31, 2021   $ 934 $ 8,181 $ 2,131 $ (479)
Issued for exercise of stock options and vested units   2 13    
Repurchases of common shares (Note 4)   (9) (250)    
Share-based compensation     17    
Other transactions, net     (7)    
Net earnings $ 1,559     1,559  
Dividends on common shares       (1,357)  
Other comprehensive income $ 81       81
Dividends paid per common share $ 1.81        
Balance at end of period at Jun. 30, 2022 $ 10,816 927 7,954 2,333 (398)
Balance at beginning of period at Mar. 31, 2022   932 8,076 1,679 (450)
Issued for exercise of stock options and vested units   0 2    
Repurchases of common shares (Note 4)   (5) (133)    
Share-based compensation     9    
Other transactions, net     0    
Net earnings 788     788  
Dividends on common shares       (134)  
Other comprehensive income $ 52       52
Dividends paid per common share $ 0.18        
Balance at end of period at Jun. 30, 2022 $ 10,816 927 7,954 2,333 (398)
Balance at beginning of period at Dec. 31, 2022 10,749 916 7,691 2,389 (247)
Issued for exercise of stock options and vested units   2 2    
Repurchases of common shares (Note 4)   (4) (81)    
Share-based compensation     17    
Other transactions, net     (5)    
Net earnings 381     381  
Dividends on common shares       (942)  
Other comprehensive income $ 22       22
Dividends paid per common share $ 1.28        
Balance at end of period at Jun. 30, 2023 $ 10,141 914 7,624 1,828 (225)
Balance at beginning of period at Mar. 31, 2023   916 7,662 1,738 (240)
Issued for exercise of stock options and vested units   1 0    
Repurchases of common shares (Note 4)   (3) (47)    
Share-based compensation     9    
Other transactions, net     0    
Net earnings 230     230  
Dividends on common shares       (140)  
Other comprehensive income $ 15       15
Dividends paid per common share $ 0.19        
Balance at end of period at Jun. 30, 2023 $ 10,141 $ 914 $ 7,624 $ 1,828 $ (225)