XML 12 R2.htm IDEA: XBRL DOCUMENT v3.22.2
Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 678 $ 2,127
Short-term investments 2,300  
Accounts receivable, less allowances of $45 and $57, respectively 420 458
Prepaid expenses 79 73
Income taxes and other current assets 25 30
Total current assets 3,502 2,688
Property, plant and equipment, net 10,108 9,199
Other intangibles, net 4,067 4,227
Other assets 358 367
Total assets 18,035 16,481
Current liabilities:    
Long-term debt due within one year 15 15
Accounts payable 818 535
Advanced billings 199 197
Accrued other taxes 174 183
Accrued interest 120 76
Pension and other postretirement benefits 46 46
Other current liabilities 407 399
Total current liabilities 1,779 1,451
Deferred income taxes 481 387
Pension and other postretirement benefits 1,427 1,672
Other liabilities 422 403
Long-term debt 9,130 7,968
Total liabilities 13,239 11,881
Equity:    
Common stock, $0.01 par value (1,750,000 authorized shares, 244,969 and 244,416 shares issued and outstanding at June 30, 2022 and December 31, 2021, respectively) 2 2
Additional paid-in capital 4,152 4,124
Retained earnings 580 414
Accumulated other comprehensive income, net of tax 62 60
Total equity 4,796 4,600
Total liabilities and equity $ 18,035 $ 16,481