Item 6. SELECTED FINANCIAL DATA
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Item 6. SELECTED FINANCIAL DATA
| For the Years Ended December 31, | |||||||||||||||||||||||||||||
| (In millions, except per share data) | 2020 | 2019 | 2018 | 2017 | 2016 | ||||||||||||||||||||||||
| Statement of Operations data: | |||||||||||||||||||||||||||||
| Operating revenues | $ | 3,777 | $ | 3,610 | $ | 3,440 | $ | 3,357 | $ | 3,302 | |||||||||||||||||||
| Net income attributable to common shareholders | 709 | 621 | 567 | 426 | 468 | ||||||||||||||||||||||||
| Net income attributable to common shareholders per basic common share | $ | 3.91 | $ | 3.44 | $ | 3.16 | $ | 2.39 | $ | 2.63 | |||||||||||||||||||
| Net income attributable to common shareholders per diluted common share | 3.91 | 3.43 | 3.15 | 2.38 | 2.62 | ||||||||||||||||||||||||
| Balance Sheet data: | |||||||||||||||||||||||||||||
| Total assets | $ | 24,766 | $ | 22,682 | $ | 21,223 | $ | 19,482 | $ | 18,482 | |||||||||||||||||||
| Long-term debt and redeemable preferred stock at redemption value | 9,333 | 8,644 | 7,576 | 6,498 | 5,759 | ||||||||||||||||||||||||
| Other data: | |||||||||||||||||||||||||||||
| Cash dividends declared per common share | $ | 2.20 | $ | 2.00 | $ | 1.82 | $ | 1.66 | $ | 1.50 | |||||||||||||||||||
| Net cash provided by operating activities (a) (b) | 1,426 | 1,383 | 1,386 | 1,449 | 1,289 | ||||||||||||||||||||||||
| Net cash used in investing activities (b) | (2,061) | (1,945) | (2,036) | (1,672) | (1,590) | ||||||||||||||||||||||||
| Net cash provided by financing activities (a) (b) | 1,120 | 494 | 726 | 207 | 328 | ||||||||||||||||||||||||
| Capital expenditures included in net cash used in investing activities | (1,822) | (1,654) | (1,586) | (1,434) | (1,311) |
(a) The information for the year ended December 31, 2016 has been revised to reflect the retrospective application of Accounting Standards Update 2016-09, Improvements to Employee Share-Based Payment Accounting, which was adopted by the Company as of January 1, 2017.
(b) The information for the year ended December 31, 2016 has been revised to reflect the retrospective application of Accounting Standards Update 2016-18, Restricted Cash, which was adopted by the Company as of December 31, 2017.
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