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(Loss)/Income Per Share - Basic and Diluted EPS (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Sep. 30, 2024
Sep. 30, 2023
Basic (loss)/income per share:                
Net (loss)/income $ (767) $ 738 $ 511 $ 343 $ 308 $ (1,335) $ 482 $ (684)
Less: Cumulative dividends attributable to Series A Preferred Stock 17     17     51 38
Net (Loss)/Income Available to Common Stockholders, basic $ (784)     $ 326     $ 431 $ (722)
Weighted average number of common shares outstanding — basic (in shares) 207,000     230,000     207,000 230,000
(Loss)/Income per weighted average common share — basic (in usd per share) $ (3.79)     $ 1.42     $ 2.08 $ (3.14)
Diluted (loss)/income per share:                
Net (loss)/income $ (767) $ 738 $ 511 $ 343 $ 308 $ (1,335) $ 482 $ (684)
Less: Cumulative dividends attributable to Series A Preferred Stock 17     17     51 38
Net (Loss)/Income Available for Common Stockholders, diluted $ (784)     $ 326     $ 431 $ (722)
Weighted average number of common shares outstanding — basic (in shares) 207,000     230,000     207,000 230,000
Incremental shares attributable to the issuance of equity compensation (treasury stock method) (in shares) 0     2,000     3,000 0
Incremental shares attributable to the potential share settlements of the Convertible Senior Notes (if converted method) (in shares) 0     0     3,000 0
Weighted average number of common shares outstanding — diluted (in shares) 207,000     232,000     213,000 230,000
(Loss)/Income per weighted average common share — diluted (in usd per share) $ (3.79)     $ 1.41     $ 2.02 $ (3.14)