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Equity
 9 Months Ended
Sep. 30, 2024
Equity [Abstract]  
Equity
15. EQUITY
Equity Repurchase Program
During the nine months ended September 30, 2024 and 2023, the Company repurchased $1.1 billion (11.0 million shares) and $1.05 billion (14.6 million shares), respectively, of common stock under the $3.0 billion share repurchase authorization that is effective until December 31, 2024 as authorized by the Board of Directors. In addition to this authorization, in July 2024, the Board of Directors approved a share repurchase authorization for up to $3.3 billion effective from August 1, 2024 to December 31, 2026. As of September 30, 2024, the Company has $3.5 billion remaining for equity repurchases under both these
current share repurchase programs. During the period October 1, 2024 through October 23, 2024, the Company repurchased $115 (1.0 million common shares) under these repurchase programs.
The timing of any repurchases is 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