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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 948 $ 322
Short-term investments 1,275 1,750
Accounts receivable, less allowances of $33 and $47, respectively 449 438
Prepaid expenses 79 57
Income taxes and other current assets 47 30
Total current assets 2,798 2,597
Property, plant and equipment, net 13,621 11,850
Other intangibles, net 3,665 3,906
Other assets 425 271
Total assets 20,509 18,624
Current liabilities:    
Long-term debt due within one year 15 15
Accounts payable 885 1,410
Advanced billings 202 194
Accrued other taxes 131 137
Accrued interest 183 104
Pension and other postretirement benefits 39 39
Other current liabilities 596 396
Total current liabilities 2,051 2,295
Deferred income taxes 565 558
Pension and other postretirement benefits 866 1,044
Other liabilities 529 483
Long-term debt 11,258 9,110
Total liabilities 15,269 13,490
Equity:    
Common stock, $0.01 par value (1,750,000 authorized shares, 245,782 and 245,021 issued and outstanding at September 30, 2023 and December 31, 2022, respectively) 2 2
Additional paid-in capital 4,271 4,198
Retained earnings 867 855
Accumulated other comprehensive income, net of tax 100 79
Total equity 5,240 5,134
Total liabilities and equity $ 20,509 $ 18,624