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Equity
 9 Months Ended
Sep. 30, 2021
Equity [Abstract]  
Equity
14. EQUITY
EQUITY REPURCHASE PROGRAM
During the nine months ended September 30, 2021, the Company repurchased $1.2 billion (19 million shares) of common stock under the share repurchase program that is effective January 1, 2021 until December 31, 2022 as authorized by the Board of Directors in December 2020. The share repurchase program was initially authorized at $1.5 billion and, in April 2021, was increased to $2.5 billion. In October 2021, the Company announced an additional increase in the
share repurchase authorization to $3.0 billion, which remains effective until December 31, 2022. During the period October 1, 2021 through October 27, 2021, the Company repurchased $108 (1.5 million shares) under this repurchase program. The timing of future repurchases will be dependent on several factors, including the market price of the Company's securities, the Company's capital position, consideration of the effect of any repurchases on the Company's financial strength or credit ratings, the Company's blackout periods, and other considerations.
During the nine months ended September 30, 2020, The Company repurchased $150 (2.7 million shares) of common stock under the previous share repurchase program that expired December 31, 2020.