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Stockholders' Equity (Tables)
9 Months Ended
Sep. 30, 2025
Stockholders' Equity Note [Abstract]  
Preferred Stock Issued and Outstanding
The Company’s preferred stock issued and outstanding is as follows:
Liquidation Preference Per ShareDividend Rate in Effect at September 30, 2025Earliest Redemption DateDate at Which Dividend Rate Resets or Becomes Floating
Reset / Floating-Rate
Margin Over Reset / Floating-Rate
Shares Issued and Outstanding (in ones) atCarrying Value at
September 30, 2025 (1)
December 31, 2024 (1)
September 30, 2025December 31, 2024Issue Date
Fixed-rate:
Series D750,000 750,000 $1,000 $728 $728 03/07/165.95%06/01/21N/AN/AN/A
Series J600,000 600,000 1,000 584 584 03/30/214.450%06/01/26N/AN/AN/A
Fixed-to-floating rate/Fixed-rate reset:
Series F4,884 4,884 100,000 481 481 10/31/175.000%12/01/2712/01/27
3M LIBOR (5)
2.575%
Series G (2)
— 24,580 — — 2,428 04/30/20— — — 
Series H (3)
22,267 22,267 100,000 2,200 2,200 12/11/204.000%12/01/3012/01/30
10-Year Treasury
3.079%
Series I (4)
20,554 20,554 100,000 2,030 2,030 03/18/214.000%06/01/2606/01/26
5-Year Treasury
3.168%
Series K (4)
7,500 7,500 100,000 740 740 03/04/225.000%06/01/2706/01/27
5-Year Treasury
3.256%
Total preferred
   stock
1,405,205 1,429,785 $6,763 $9,191  
(1) Represented by depositary shares.
(2) Series G was redeemed on June 2, 2025.
(3) The dividend rate for Series H resets on each ten-year anniversary from the first reset date.
(4) The dividend rate for Series I and Series K resets on each five-year anniversary from the first reset date.
(5) The reset/floating-rate for Series F will be determined by the calculation agent prior to the commencement of the floating-rate period using what the calculation agent determines to be the industry-accepted substitute or successor base rate to LIBOR.
N/A Not applicable.
Dividends Declared
Dividends declared on the Company’s preferred stock are as follows:
Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Total
Declared
Per Share
Amount
Total
Declared
Per Share
Amount
Total
Declared
Per Share
Amount
Total
Declared
Per Share
Amount
Series D (1)
$11.2 $14.88 $11.2 $14.88 $33.5 $44.64 $33.5 $44.64 
Series F (2)
— — — — 12.2 2,500.00 12.2 2,500.00 
Series G (3)
— — 33.0 1,343.75 66.0 2,687.50 99.0 4,031.25 
Series H (1)
22.2 1,000.00 22.2 1,000.00 66.7 3,000.00 66.7 3,000.00 
Series I (1)
20.6 1,000.00 20.6 1,000.00 61.8 3,000.00 61.8 3,000.00 
Series J (1)
6.7 11.13 6.7 11.13 20.1 33.39 20.1 33.39 
Series K (1)
9.3 1,250.00 9.3 1,250.00 28.1 3,750.00 28.1 3,750.00 
Total$70.0 $103.0 $288.4 $321.4 
(1) Dividends paid quarterly.
(2) Dividends paid semi-annually until December 1, 2027 and quarterly thereafter.
(3) Series G was redeemed on June 2, 2025. Prior to redemption, dividends were paid quarterly. The final dividend was paid on June 2, 2025.