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STATEMENTS OF CONDENSED CONSOLIDATED EQUITY (UNAUDITED) - USD ($)
shares in Thousands, $ in Thousands
Total
Common Stock
Treasury Stock
(Accumulated Deficit) Retained Earnings
Accumulated Other Comprehensive Loss
[1]
Noncontrolling Interest in Consolidated Subsidiaries
Beginning balance (in shares) at Dec. 31, 2021   376,399        
Beginning balance at Dec. 31, 2021 $ 9,970,999 $ 10,071,820 $ (18,046) $ (94,400) $ (4,611) $ 16,236
Comprehensive income (loss), net of tax:            
Net (loss) income (1,514,583)     (1,516,048)   1,465
Other post-retirement benefits liability adjustment, net of tax expense 63       63  
Dividends (47,063)     (47,063)    
Share-based compensation plans (in shares)   1,207        
Share-based compensation plans (3,022) $ (18,220) 15,198      
Convertible Notes settlements (in shares)   1        
Convertible Notes settlements 8 $ 8        
Repurchase and retirement of common stock (in shares)   (8,533)        
Repurchase and retirement of common stock (200,028) $ (132,260)   (67,768)    
Distribution to noncontrolling interest (341)         (341)
Ending balance (in shares) at Mar. 31, 2022   369,074        
Ending balance at Mar. 31, 2022 8,206,033 $ 9,921,348 (2,848) (1,725,279) (4,548) 17,360
Beginning balance (in shares) at Dec. 31, 2022   365,363        
Beginning balance at Dec. 31, 2022 11,213,328 $ 9,891,890 0 1,283,578 (2,994) 40,854
Comprehensive income (loss), net of tax:            
Net (loss) income 1,219,233     1,218,548   685
Other post-retirement benefits liability adjustment, net of tax expense 164       164  
Dividends (54,070)     (54,070)    
Share-based compensation plans (in shares)   2,127        
Share-based compensation plans (24,023) $ (24,023)        
Convertible Notes settlements (in shares)   2        
Convertible Notes settlements 70 $ 70        
Repurchase and retirement of common stock (in shares)   (5,906)        
Repurchase and retirement of common stock (201,029) $ (91,545)   (109,484)    
Distribution to noncontrolling interest (3,835)         (3,835)
Contribution from noncontrolling interest 3,750         3,750
Ending balance (in shares) at Mar. 31, 2023   361,586        
Ending balance at Mar. 31, 2023 $ 12,153,588 $ 9,776,392 $ 0 $ 2,338,572 $ (2,830) $ 41,454
[1] Amounts included in accumulated other comprehensive loss are related to other postretirement benefits liability adjustments, net of tax, which are attributable to net actuarial losses and net prior service costs.