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STOCKHOLDERS' EQUITY (Tables)
12 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Summary of common stock issuances
The following is a summary of common stock issuances:
Shares in thousands
 
Common Stock

Balance, December 31, 2016
 
892,215

Issued
 
1,252

Options exercised and other, net
 
2

Balance, December 31, 2017
 
893,469

Issued
 
1,628

Options exercised and other, net
 
19

Balance, December 31, 2018
 
895,116

Issued in the ordinary course
 
3,188

Issued as part of the Acquisition (a)
 
146,131

Balance, December 31, 2019
 
1,044,435


(a) 
Included approximately 2 million shares of common stock issued to a benefits trust for former Anadarko employees treated as treasury stock at December 31, 2019.
Calculation of basic and diluted EPS
The following table presents the calculation of basic and diluted earnings per share for the years ended December 31:
millions except per share amounts
 
2019

 
2018

 
2017

Income (loss) from continuing operations
 
$
(507
)
 
$
4,131

 
$
1,311

Loss from discontinued operations
 
(15
)
 

 

Net income (loss)
 
$
(522
)
 
$
4,131

 
$
1,311

Less: Net income attributable to noncontrolling interest
 
(145
)
 

 

Less: Preferred stock dividends
 
(318
)
 

 

Net income (loss) attributable to common stock
 
$
(985
)
 
$
4,131

 
$
1,311

Less: Net income allocated to participating securities
 

 
(17
)
 
(6
)
Net income (loss), net of participating securities
 
$
(985
)
 
$
4,114

 
$
1,305

Weighted-average number of basic shares
 
809.5

 
761.7

 
765.1

Basic earnings (loss) per common share
 
$
(1.22
)
 
$
5.40

 
$
1.71

Net income (loss), net of participating securities
 
$
(985
)
 
$
4,114

 
$
1,305

Weighted-average number of basic shares
 
809.5

 
761.7

 
765.1

Dilutive securities
 

 
1.6

 
0.8

Total diluted weighted-average common shares
 
809.5

 
763.3

 
765.9

Diluted earnings (loss) per common share
 
$
(1.22
)
 
$
5.39

 
$
1.70


Components of accumulated other comprehensive loss
Accumulated other comprehensive loss consisted of the following after-tax amounts at December 31:
millions
 
2019

 
2018

Foreign currency translation adjustments
 
$
(7
)
 
$
(7
)
Unrealized gains (losses) on derivatives
 
(122
)
 
5

Pension and postretirement adjustments (a)
 
(92
)
 
(170
)
Total
 
$
(221
)
 
$
(172
)
(a)