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Consolidated Statements of Changes In Shareholders' Equity - USD ($)
$ in Millions
Preferred Stock [Member]
Common Stock [Member]
Additional Paid-in Capital [Member]
Retained Earnings [Member]
Treasury Stock [Member]
AOCI Attributable to Parent [Member]
Parent [Member]
Noncontrolling Interest [Member]
Total
Balance at Dec. 31, 2019 $ 2,300 $ 859 $ 14,323 $ 16,408 $ (19,812) $ (1,171) $ 12,907 $ 90 $ 12,997
Net income (loss)       512     512 11 523
Other comprehensive income (loss)           431 431 1 432
Purchase of common stock for treasury         (105)   (105)   (105)
Shares issued to benefit plans and for option exercises   4 319       323   323
Common dividends       (681)     (681)   (681)
Preferred dividends       (98)     (98)   (98)
Non-controlling interest in HSG (1) [1]               102 102
Other, net       (21) (11)   (32) (13) (45)
Balance at Dec. 31, 2020 2,300 863 14,642 16,120 (19,928) (740) 13,257 191 13,448
Net income (loss)       1,906     1,906 29 1,935
Other comprehensive income (loss)           (435) (435) (1) (436)
Purchase of common stock for treasury         (274)   (274)   (274)
Shares issued to benefit plans and for option exercises   4 273       277   277
Common dividends       (812)     (812)   (812)
Preferred dividends       (24)     (24)   (24)
Other, net [2]         (61)   (59) (7) (66)
Redemption of preferred stock [3] (700)     (803)     (1,503)   (1,503)
Conversion of preferred stock to common stock (1,600) 40 1,560            
Balance at Dec. 31, 2021 0 907 16,475 16,389 (20,263) (1,175) 12,333 212 12,545
Net income (loss)       1,316     1,316 70 1,386
Other comprehensive income (loss)           (655) (655) (2) (657)
Purchase of common stock for treasury         (221)   (221)   (221)
Shares issued to benefit plans and for option exercises   3 207       210   210
Common dividends       (926)     (926)   (926)
Other, net       (1) (48)   (49) (13) (62)
Balance at Dec. 31, 2022 $ 0 $ 910 $ 16,682 $ 16,778 $ (20,532) $ (1,830) $ 12,008 $ 267 $ 12,275
[1] Refer to Note 3 (HSG Transactions and Acquisitions) in the accompanying notes to the consolidated financial statements for additional information.
[2] Treasury stock includes the deemed surrender to the Company of common stock to satisfy employee tax withholding obligations.
[3] Refer to Note 16 (Shareholders’ Equity) in the accompanying notes to the consolidated financial statements for additional information.