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CONSOLIDATED STATEMENTS OF EQUITY (UNAUDITED) - USD ($)
$ in Thousands
Total
Cumulative effect, period of adoption, adjustment
Cumulative effect, period of adoption, adjusted balance
Common Stock
Common Stock
Cumulative effect, period of adoption, adjusted balance
Capital in Excess of Par Value
Capital in Excess of Par Value
Cumulative effect, period of adoption, adjusted balance
Treasury Stock
Treasury Stock
Cumulative effect, period of adoption, adjusted balance
Cumulative Net Income
Cumulative Net Income
Cumulative effect, period of adoption, adjustment
Cumulative Net Income
Cumulative effect, period of adoption, adjusted balance
Cumulative Dividends
Cumulative Dividends
Cumulative effect, period of adoption, adjusted balance
Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
Cumulative effect, period of adoption, adjusted balance
Noncontrolling Interests
Noncontrolling Interests
Cumulative effect, period of adoption, adjusted balance
Balances at beginning of period at Dec. 31, 2019 $ 16,506,627 $ (5,212) $ 16,501,415 $ 411,005 $ 411,005 $ 20,190,119 $ 20,190,119 $ (78,955) $ (78,955) $ 7,353,966 $ (5,212) $ 7,348,754 $ (12,223,534) $ (12,223,534) $ (112,157) $ (112,157) $ 966,183 $ 966,183
Comprehensive income:                                    
Net income (loss) 329,272                 310,284             18,988  
Other comprehensive income (loss) (6,011)                           15,944   (21,955)  
Total comprehensive income 323,261                                  
Net change in noncontrolling interests 7,963         37,625                     (29,662)  
Amounts related to stock incentive plans, net of forfeitures (1,166)     246   6,608   (8,020)                    
Net proceeds from issuance of common stock 590,865     6,975   583,890                        
Dividends paid:                                    
Common stock dividends (356,001)                       (356,001)          
Balances at end of period at Mar. 31, 2020 17,066,337     418,226   20,818,242   (86,975)   7,659,038     (12,579,535)   (96,213)   933,554  
Comprehensive income:                                    
Net income (loss) 197,905                 179,246             18,659  
Other comprehensive income (loss) (14,345)                           (20,643)   6,298  
Total comprehensive income 183,560                                  
Net change in noncontrolling interests (62,825)         7,299                     (70,124)  
Amounts related to stock incentive plans, net of forfeitures 8,264     28   7,404   832                    
Net proceeds from issuance of common stock 3,693     89   3,604                        
Repurchase of common stock (7,656)             (7,656)                    
Dividends paid:                                    
Common stock dividends (254,846)                       (254,846)          
Balances at end of period at Jun. 30, 2020 16,936,527     418,343   20,836,549   (93,799)   7,838,284     (12,834,381)   (116,856)   888,387  
Balances at beginning of period at Dec. 31, 2020 16,881,572 [1]     418,691   20,823,145   (104,490)   8,327,598     (13,343,721)   (148,504)   908,853  
Comprehensive income:                                    
Net income (loss) 71,369                 71,546             (177)  
Other comprehensive income (loss) 24,097                           20,368   3,729  
Total comprehensive income 95,466                                  
Net change in noncontrolling interests (34,516)         (14,250)                     (20,266)  
Amounts related to stock incentive plans, net of forfeitures 3,539     175   5,393   (2,029)                    
Net proceeds from issuance of common stock (92)       (92)                        
Dividends paid:                                    
Common stock dividends (254,952)                       (254,952)          
Balances at end of period at Mar. 31, 2021 16,691,017     418,866   20,814,196   (106,519)   8,399,144     (13,598,673)   (128,136)   892,139  
Comprehensive income:                                    
Net income (loss) 45,952                 26,257             19,695  
Other comprehensive income (loss) 3,107                           188   2,919  
Total comprehensive income 49,059                                  
Net change in noncontrolling interests (1,747)         (17,377)                     15,630  
Amounts related to stock incentive plans, net of forfeitures 2,441     51   4,504   (2,114)                    
Net proceeds from issuance of common stock 365,531     5,016   360,515                        
Dividends paid:                                    
Common stock dividends (255,472)                       (255,472)          
Balances at end of period at Jun. 30, 2021 $ 16,850,829     $ 423,933   $ 21,161,838   $ (108,633)   $ 8,425,401     $ (13,854,145)   $ (127,948)   $ 930,383  
[1] Note: The consolidated balance sheet at December 31, 2020 has been derived from the audited financial statements at that date but does not include all of the information and footnotes required by U.S. generally accepted accounting principles for complete financial statements.