XML 122 R92.htm IDEA: XBRL DOCUMENT v3.20.4
STOCKHOLDERS' EQUITY (Details)
$ / shares in Units, $ in Millions
1 Months Ended 12 Months Ended
Aug. 08, 2019
$ / shares
shares
Jan. 31, 2021
USD ($)
shares
Oct. 31, 2020
USD ($)
Jul. 31, 2020
shares
Jun. 30, 2020
Apr. 30, 2020
shares
Mar. 31, 2020
Dec. 31, 2020
USD ($)
$ / shares
shares
Dec. 31, 2019
USD ($)
$ / shares
shares
Dec. 31, 2018
USD ($)
$ / shares
shares
Aug. 03, 2020
USD ($)
$ / shares
shares
Jun. 26, 2020
$ / shares
shares
Dec. 31, 2017
USD ($)
Common stock issuances                          
Balance at the beginning of the year (in shares)   1,080,565,000           1,044,435,000 895,116,000 893,469,000      
Issued (in shares)       11,600,000   17,300,000   36,130,000 3,188,000 1,628,000      
Options exercised and other, net (in shares)                 146,131,000 19,000      
Issued as part of the Acquisition (in shares)               0          
Balance at the end of the year (in shares)               1,080,565,000 1,044,435,000 895,116,000      
TREASURY STOCK                          
Share repurchase program, authorized shares               185,000,000          
Share repurchase program, shares yet to be repurchased               44,200,000          
Shares purchased under share repurchase program               0 2,700,000 16,900,000      
Share repurchase program, average cost per share of shares repurchased during period (in dollars per share) | $ / shares                 $ 66.94 $ 74.92      
Treasury stock, shares (in shares)               149,051,634 150,323,151 145,700,000      
NONREDEEMABLE PREFERRED STOCK                          
Issued as part of the Acquisition (in shares)               0          
Volume weighted average price         90.00%   90.00%            
Volume weighted average price calculation period         10 days   10 days            
Preferred stock dividends paid | $     $ 200                    
Preferred stock, shares outstanding (in shares)               100,000 100,000 0      
Preferred stock issued (in shares)               100,000 100,000        
Basic earnings per common share                          
Income (loss) from continuing operations | $               $ (13,533) $ (507) $ 4,131      
Loss from discontinued operations, net of tax | $               (1,298) (15) 0      
NET (LOSS) INCOME | $               (14,831) (522) 4,131      
Less: Net loss attributable to noncontrolling interest | $               0 (145) 0      
Less: Preferred stock dividends | $               (844) (318) 0      
NET (LOSS) INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS | $               (15,675) (985) 4,131      
Less: Net income allocated to participating securities | $               0 0 (17)      
Net income (loss), net of participating securities | $               $ (15,675) $ (985) $ 4,114      
Weighted average number of basic shares (in shares)               918,700,000 809,500,000 761,700,000      
Basic earnings (loss) per common share (in dollars per share) | $ / shares               $ (17.06) $ (1.22) $ 5.40      
Diluted EPS                          
Net income (loss), net of participating securities | $               $ (15,675) $ (985) $ 4,114      
Weighted average number of basic shares (in shares)               918,700,000 809,500,000 761,700,000      
Dilutive securities (in shares)               0 0 1,600,000      
Total diluted weighted average common shares (in shares)               918,700,000 809,500,000 763,300,000      
Diluted earnings (loss) per common share (in dollars per share) | $ / shares               $ (17.06) $ (1.22) $ 5.39      
ACCUMULATED OTHER COMPREHENSIVE LOSS                          
Accumulated other comprehensive loss | $               $ 18,573 $ 34,232 $ 21,330     $ 20,572
Subsequent Event                          
NONREDEEMABLE PREFERRED STOCK                          
Preferred stock dividends paid | $   $ 200                      
Anadarko Petroleum Corporation | Series A Preferred Stock                          
Common stock issuances                          
Issued as part of the Acquisition (in shares) 100,000                        
NONREDEEMABLE PREFERRED STOCK                          
Issued as part of the Acquisition (in shares) 100,000                        
Liquidation preference (in dollars per share) | $ / shares $ 105,000                        
Dividend rate 8.00%                        
Dividend rate for unpaid amounts 9.00%                        
Common Stock                          
NONREDEEMABLE PREFERRED STOCK                          
Warrants issued (in shares)                       3,900,000  
Exercise price of warrant (in dollars per share) | $ / shares                       $ 59.624  
ACCUMULATED OTHER COMPREHENSIVE LOSS                          
Accumulated other comprehensive loss | $               216 $ 209 179     179
Common Stock | Anadarko Petroleum Corporation                          
Common stock issuances                          
Issued as part of the Acquisition (in shares)                 2,000,000        
NONREDEEMABLE PREFERRED STOCK                          
Issued as part of the Acquisition (in shares)                 2,000,000        
Warrants issued (in shares) 80,000,000                        
Exercise price of warrant (in dollars per share) | $ / shares $ 62.50                        
Foreign currency translation adjustments                          
ACCUMULATED OTHER COMPREHENSIVE LOSS                          
Accumulated other comprehensive loss | $               (6) $ (7)        
Losses on derivatives                          
ACCUMULATED OTHER COMPREHENSIVE LOSS                          
Accumulated other comprehensive loss | $               (119) (122)        
Pension and postretirement adjustments                          
ACCUMULATED OTHER COMPREHENSIVE LOSS                          
Accumulated other comprehensive loss | $               (163) (92)        
Accumulated Other Comprehensive Income (Loss)                          
ACCUMULATED OTHER COMPREHENSIVE LOSS                          
Accumulated other comprehensive loss | $               $ (288) $ (221) $ (172)     $ (258)
Warrant | Common Stock                          
NONREDEEMABLE PREFERRED STOCK                          
Warrant, rate conversion                       0.125  
Warrants issued (in shares)                     116,000,000    
Exercise price of warrant (in dollars per share) | $ / shares                     $ 22.00    
Fair value of warrant, reclassification | $                     $ 767