XML 65 R21.htm IDEA: XBRL DOCUMENT v3.25.1
Equity
3 Months Ended
Mar. 31, 2025
Equity [Abstract]  
Equity
14. Equity
Equity Repurchase Program
During the three months ended March 31, 2025 and 2024, the Company repurchased $400 (3.5 million shares) and $350 (3.8 million shares), respectively, of common stock under Board authorized share repurchase programs covering the applicable periods. As of March 31, 2025, the Company has $2.75 billion remaining for equity repurchases under the current $3.3 billion share repurchase program, which is effective until December 31, 2026. During the period April 1, 2025 through April 23, 2025,
the Company repurchased $124 (1.1 million common shares) under this repurchase program.
The timing of any repurchases of shares 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