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Condensed Consolidated Statements of Equity - USD ($)
shares in Millions, $ in Millions
Total
Preferred Stock
Common Stock
Additional Paid-In Capital
Treasury stock at cost
Accumulated Other Comprehensive Income
Retained Earnings
Total Shareholders' Equity
Non-Controlling Interests
Balance beginning of period at Dec. 31, 2021 [1] $ 8,321 $ 0 $ 1 $ 6,051 $ (211) $ 1,360 $ 440 $ 7,641 $ 680
Balance end of period at Mar. 31, 2022 [1] 8,909 0 1 6,081 (351) (119) 2,582 8,194 715
Balance beginning of period at Dec. 31, 2021 [1] 8,321 0 1 6,051 (211) 1,360 440 7,641 680
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 5,519 [2]           5,457 5,457 62
Other comprehensive income (loss) [3] (3,099)                
Change in equity of noncontrolling interests 5               5
Dividends on preferred stock 0                
Dividends on common stock (102)           (102) (102)  
Purchase of treasury stock (240)       (240)     (240)  
Share based compensation 49     (31) 80     49  
Balance end of period at Jun. 30, 2022 [1] 10,453 0 1 6,020 (371) (1,739) 5,795 9,706 747
Balance beginning of period at Dec. 31, 2021 [1] 8,321 0 1 6,051 (211) 1,360 440 7,641 680
Balance end of period at Dec. 31, 2022 9,378 [4] 0 [1] 1 [1] 6,063 [1] (443) [1] (3,378) [1] 6,403 [1] 8,646 [1] 732 [1]
Balance beginning of period at Mar. 31, 2022 [1] 8,909 0 1 6,081 (351) (119) 2,582 8,194 715
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 3,294 [5]           3,263 3,263 31
Other comprehensive income (loss) (1,620) [3]         (1,620)   (1,620)  
Change in equity of noncontrolling interests 1               1
Dividends on preferred stock 0                
Dividends on common stock (50)           (50) (50)  
Purchase of treasury stock (100)       (100)     (100)  
Share based compensation 19     (61) 80     19  
Balance end of period at Jun. 30, 2022 [1] 10,453 0 1 6,020 (371) (1,739) 5,795 9,706 747
Balance beginning of period at Dec. 31, 2022 9,378 [4] 0 [1] 1 [1] 6,063 [1] (443) [1] (3,378) [1] 6,403 [1] 8,646 [1] 732 [1]
Balance end of period at Mar. 31, 2023 9,467 533 1 6,070 (510) (2,308) 4,852 8,638 829
Balance beginning of period at Dec. 31, 2022 9,378 [4] 0 [1] 1 [1] 6,063 [1] (443) [1] (3,378) [1] 6,403 [1] 8,646 [1] 732 [1]
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (276)           (280) (280) 4
Other comprehensive income (loss) 13         13   13  
Change in equity of noncontrolling interests 35               35
Dividends on preferred stock (13)           (13) (13)  
Dividends on common stock (107)           (107) (107)  
Purchase of treasury stock $ (164)       (164)     (164)  
Issuance of preferred stock (in shares) 533                
Issuance of preferred stock $ 533             533  
Share based compensation 24     (66) 141   (51) 24  
Balance end of period at Jun. 30, 2023 9,423 533 1 5,997 (466) (3,365) 5,952 8,652 771
Balance beginning of period at Mar. 31, 2023 9,467 533 1 6,070 (510) (2,308) 4,852 8,638 829
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 1,220           1,217 1,217 3
Other comprehensive income (loss) (1,057)         (1,057)   (1,057)  
Change in equity of noncontrolling interests (61)               (61)
Dividends on preferred stock (13)           (13) (13)  
Dividends on common stock (53)           (53) (53)  
Purchase of treasury stock (94)       (94)     (94)  
Share based compensation 14     (73) 138   (51) 14  
Balance end of period at Jun. 30, 2023 $ 9,423 $ 533 $ 1 $ 5,997 $ (466) $ (3,365) $ 5,952 $ 8,652 $ 771
[1] (1) Recast for the adoption of ASU 2018-12. See Notes 1 and 2 to the Condensed Consolidated Financial Statements.
[2] (1) Recast for the adoption of ASU 2018-12. See Notes 1 and 2 to the Condensed Consolidated Financial Statements.
[3] (1) Recast for the adoption of ASU 2018-12. See Notes 1 and 2 to the Condensed Consolidated Financial Statements.
[4] (1) Recast for the adoption of ASU 2018-12. See Notes 1 and 2 to the Condensed Consolidated Financial Statements.
[5] (1) Recast for the adoption of ASU 2018-12. See Notes 1 and 2 to the Condensed Consolidated Financial Statements.