2019 Record the stock split for preferred shares effected in the form of a dividend.

2020 Record distribution of common stock dividend.

Retained Earnings 1,882 ANACONDA INTERNATIONAL CORPORATION Statements of Shareholders' Equity For the Years Ended Dec. 31, 2018, 2019, and 2020 ($ in millions) Preferred Common Additional Stock Stock Paid-In $10 par $1 par Capital Balance at January 1, 2018 70 490 Sale of preferred shares 930 Sale of common shares 56 Cash dividend, preferred Cash dividend, common Net income Balance at December 31, 2018 1,476 Retirement of shares (21) Cash dividend, preferred Cash dividend, common 3-for-2 split effected in the form of a dividend (15) Net income Balance at December 31, 2019 1,440 Common stock dividend 40 Cash dividend, preferred Cash dividend, common Net income Balance at December 31, 2020 1.489 (3) (18) 350 2,211 (22) (3) (22) Total Shareholders' Equity 2,442 960 64 (3) (18) 350 3,795 (46) (3) (22) 500 4,224 500 2,664 (45) (3) (24) 542 3,134 (3) (24) 542 4,739