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CONSOLIDATED STATEMENT OF EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Subsidiaries
Common Stock
Common Stock
Subsidiaries
Additional Paid-In Capital
Additional Paid-In Capital
Subsidiaries
Retained Earnings
Retained Earnings
Subsidiaries
Treasury Stock
Capital Stock Expense
Accumulated Other Comprehensive Income/(Loss)
Accumulated Other Comprehensive Income/(Loss)
Subsidiaries
Non- controlling Interest
Beginning balance (shares) at Dec. 31, 2020     342 235                  
Beginning balance at Dec. 31, 2020 $ 19,065   $ 36   $ 8,808   $ 11,178   $ (1,038) $ (112) $ (25)   $ 218
Beginning balance (shares) at Dec. 31, 2020                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 420           419           1
Common stock dividends (265) $ (247)         (265) $ (247)          
Issuance of common shares for stock plans 28       28                
Other comprehensive income 4                   4    
Distributions to noncontrolling interest (3)                       (3)
Net proceeds from sale of equity interest 33                       33
Ending balance (shares) at Mar. 31, 2021     342 235                  
Ending balance at Mar. 31, 2021 19,282   $ 36   8,836   11,332   $ (1,038) (112) (21)   249
Ending balance (shares) at Mar. 31, 2021                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
NET INCOME   465           465          
Capital contribution by parent   125       $ 125              
Beginning balance (shares) at Dec. 31, 2020     342 235                  
Beginning balance at Dec. 31, 2020 19,065   $ 36   8,808   11,178   $ (1,038) (112) (25)   218
Beginning balance (shares) at Dec. 31, 2020                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 538                        
Other comprehensive income 6                        
Ending balance (shares) at Jun. 30, 2021     353 235                  
Ending balance at Jun. 30, 2021 20,053   $ 37   9,655   11,231   $ (1,038) (123) (19)   310
Ending balance (shares) at Jun. 30, 2021                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
NET INCOME 584 593                      
Beginning balance (shares) at Mar. 31, 2021     342 235                  
Beginning balance at Mar. 31, 2021 19,282   $ 36   8,836   11,332   $ (1,038) (112) (21)   249
Beginning balance (shares) at Mar. 31, 2021                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 118           165           (47)
Common stock dividends (266) (247)         (266) (247)          
Issuance of common shares – public offering (shares)     11                    
Issuance of common shares - public offering 775   $ 1   785         (11)      
Issuance of common shares for stock plans 34       34                
Other comprehensive income 2                   2    
Distributions to noncontrolling interest (4)                       (4)
Net proceeds from sale of equity interest 112                       112
Ending balance (shares) at Jun. 30, 2021     353 235                  
Ending balance at Jun. 30, 2021 20,053   $ 37   9,655   11,231   $ (1,038) (123) (19)   310
Ending balance (shares) at Jun. 30, 2021                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
NET INCOME 165 128           128          
Capital contribution by parent   851       851              
Beginning balance (shares) at Dec. 31, 2021     354 235                  
Beginning balance at Dec. 31, 2021 20,336   $ 37   9,710   11,445   $ (1,038) (122) 5   299
Beginning balance (shares) at Dec. 31, 2021                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 554           602           (48)
Common stock dividends (280) (245)         (280) (245)          
Issuance of common shares - public offering 1                 1      
Issuance of common shares for stock plans 18       18                
Other comprehensive income   1                   $ 1  
Distributions to noncontrolling interest (6)                       (6)
Ending balance (shares) at Mar. 31, 2022     354 235                  
Ending balance at Mar. 31, 2022 20,623   $ 37   9,728   11,767   $ (1,038) (121) 5   245
Ending balance (shares) at Mar. 31, 2022                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
NET INCOME   475           475          
Capital contribution by parent   75       75              
Beginning balance (shares) at Dec. 31, 2021     354 235                  
Beginning balance at Dec. 31, 2021 20,336   $ 37   9,710   11,445   $ (1,038) (122) 5   299
Beginning balance (shares) at Dec. 31, 2021                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 808                        
Other comprehensive income 5                        
Ending balance (shares) at Jun. 30, 2022     354 235                  
Ending balance at Jun. 30, 2022 20,621   $ 37   9,757   11,742   $ (1,038) (121) 10   234
Ending balance (shares) at Jun. 30, 2022                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
NET INCOME 857 645                      
Beginning balance (shares) at Mar. 31, 2022     354 235                  
Beginning balance at Mar. 31, 2022 20,623   $ 37   9,728   11,767   $ (1,038) (121) 5   245
Beginning balance (shares) at Mar. 31, 2022                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net income 254           255           (1)
Common stock dividends (280) (245)         (280) (245)          
Issuance of common shares for stock plans 29       29                
Other comprehensive income 5                   5    
Distributions to noncontrolling interest (10)                       (10)
Ending balance (shares) at Jun. 30, 2022     354 235                  
Ending balance at Jun. 30, 2022 20,621   $ 37   $ 9,757   $ 11,742   $ (1,038) $ (121) $ 10   $ 234
Ending balance (shares) at Jun. 30, 2022                 23        
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
NET INCOME $ 255 170           $ 170          
Capital contribution by parent   $ 25       $ 25