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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 230 $ 2,127
Short-term investments 2,325  
Accounts receivable, less allowances of $47 and $57, respectively 422 458
Prepaid expenses 80 73
Income taxes and other current assets 21 30
Total current assets 3,078 2,688
Property, plant and equipment, net 10,847 9,199
Other intangibles, net 3,986 4,227
Other assets 362 367
Total assets 18,273 16,481
Current liabilities:    
Long-term debt due within one year 15 15
Accounts payable 995 535
Advanced billings 195 197
Accrued other taxes 179 183
Accrued interest 178 76
Pension and other postretirement benefits 46 46
Other current liabilities 369 399
Total current liabilities 1,977 1,451
Deferred income taxes 554 387
Pension and other postretirement benefits 1,193 1,672
Other liabilities 496 403
Long-term debt 9,120 7,968
Total liabilities 13,340 11,881
Equity:    
Common stock, $0.01 par value (1,750,000 authorized shares, 244,999 and 244,416 shares issued and outstanding at September 30, 2022 and December 31, 2021, respectively) 2 2
Additional paid-in capital 4,171 4,124
Retained earnings 700 414
Accumulated other comprehensive income, net of tax 60 60
Total equity 4,933 4,600
Total liabilities and equity $ 18,273 $ 16,481