v3.26.1
CONSOLIDATED STATEMENTS OF EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Total
Capital Stock
Cap. in Excess of Par Value of Stock
Retained Earnings
Accumulated Other Comprehensive Income/(Loss) (Note 15)
Treasury Stock
Equity Attributable to Non-controlling Interests
Beginning balance at Dec. 31, 2024 $ 44,858 $ 44,835 $ 42 $ 23,502 $ 33,740 $ (9,639) $ (2,810) $ 23
Increase (Decrease) in Stockholders' Equity                
Net income/(loss) 473 471     471     2
Other comprehensive income/(loss), net Total Equity 481 481       481    
Common Stock issued [1] 60 60   60        
Dividends and dividend equivalents declared [2] (1,212) (1,212)     (1,212)      
Ending balance at Mar. 31, 2025 44,660 44,635 42 23,562 32,999 (9,158) (2,810) 25
Beginning balance at Dec. 31, 2025 35,980 35,952 $ 42 23,922 22,508 (7,710) (2,810) 28
Increase (Decrease) in Stockholders' Equity                
Net income/(loss) 2,551 2,548     2,548     3
Other comprehensive income/(loss), net Total Equity (170) (170)       (170)    
Common Stock issued (in shares) [1]     1          
Common Stock issued [1] (6) (6)   (7)        
Treasury stock/other  (260) (260)   (31)     (229)  
Dividends and dividend equivalents declared [2] (611) (611)     (611)      
Ending balance at Mar. 31, 2026 $ 37,484 $ 37,453 $ 43 $ 23,884 $ 24,445 $ (7,880) $ (3,039) $ 31
[1] Includes the effect of share-based compensation.
[2] Dividends and dividend equivalents declared for Common and Class B Stock. In the first quarter of 2025, in addition to a regular dividend of $0.15 per share, we declared a supplemental dividend of $0.15 per share.