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STOCKHOLDERS' EQUITY | 9 Months Ended
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Sep. 30, 2020
Equity [Abstract] |
STOCKHOLDERS' EQUITY | NOTE 11 - STOCKHOLDERS’ EQUITY Preferred Stock The following table summarizes the Company’s preferred stock:
|  |  | September 30, 2020 |  | December 31, 2019
(in millions, except per share and share data) | Liquidation value per share |  | Preferred Shares |  | Carrying Amount |  | Preferred Shares |  | Carrying Amount
Authorized ($25 par value) |  |  | 100,000,000 |  |  |  |  | 100,000,000 |  |  |
Issued and outstanding: |  |  |  |  |  |  |  |  |
Series A | $1,000 |  | 250,000 |  |  | $247 |  | 250,000 |  |  | $247
Series B | 1,000 |  |  | 300,000 |  | 296 |  |  | 300,000 |  |  | 296 |
Series C | 1,000 |  |  | 300,000 |  |  | 297 |  |  | 300,000 |  |  | 297 |
Series D | 1,000 |  | (1) | 300,000 |  | (2) | 293 |  |  | 300,000 |  |  | 293 |
Series E | 1,000 |  | (1) | 450,000 |  | (3) | 437 |  |  | 450,000 |  |  | 437 |
Series F | 1,000 |  |  | 400,000 |  |  | 395 |  |  | — |  |  | — |
Total |  |  | 2,000,000 |  |  | $1,965 |  | 1,600,000 |  |  | $1,570
(1) Equivalent to $25 per depositary share. (2) Represented by 12,000,000 depositary shares each representing a 1/40th interest in the Series D Preferred Stock. (3) Represented by 18,000,000 depositary shares each representing a 1/40th interest in the Series E Preferred Stock. For further detail regarding the terms and conditions of the Company’s preferred stock, see Note 16 to the Company’s Consolidated Financial Statements in the 2019 Form 10-K and Note 11 to the Company’s Quarterly Report on Form 10-Q for the period ended June 30, 2020. Dividends The following table provides information related to dividends per share and in the aggregate, declared and paid, for each type of stock issued and outstanding:
|  | Three Months Ended September 30, 2020 |  | Three Months Ended September 30, 2019
(in millions, except per share data) |  | Dividends Declared per Share | Dividends Declared | Dividends Paid |  | Dividends Declared per Share | Dividends Declared | Dividends Paid
Common stock |  |  | $0.39 |  |  | $168 |  |  | $168 |  |  |  | $0.36 |  |  | $162 |  |  | $162 |
Preferred stock |  |  |  |  |  |  |  |
Series A |  |  | $10.90 |  |  | $3 |  |  | $3 |  |  |  | $27.50 |  |  | $7 |  |  | $— |
Series B |  | — |  | — |  | 9 |  |  | — |  | — |  | 9 |
Series C |  | 15.94 |  | 4 |  | 5 |  |  | 15.94 |  | 5 |  | 4 |
Series D |  | 15.88 |  | 4 |  | 5 |  |  | 15.88 |  | 5 |  | 5 |
Series E |  | 12.50 |  | 6 |  | 6 |  |  | — |  | — |  | — |
Series F |  | 19.15 |  | 8 |  | — |  |  | — |  | — |  | — |
Total preferred stock |  |  |  | $25 |  |  | $28 |  |  |  |  | $17 |  |  | $18 |
|  | Nine Months Ended September 30, 2020 |  | Nine Months Ended September 30, 2019
(in millions, except per share and share data) |  | Dividends Declared per Share | Dividends Declared | Dividends Paid |  | Dividends Declared per Share | Dividends Declared | Dividends Paid
Common stock |  |  | $1.17 |  |  | $504 |  |  | $504 |  |  |  | $1.00 |  |  | $459 |  |  | $459 |
Preferred stock |  |  |  |  |  |  |  |
Series A |  |  | $51.88 |  |  | $13 |  |  | $10 |  |  |  | $55.00 |  |  | $14 |  |  | $7 |
Series B |  | 30.00 |  | 9 |  | 18 |  |  | 30.00 |  | 9 |  | 20 |
Series C |  | 47.81 |  | 14 |  | 15 |  |  | 47.81 |  | 14 |  | 13 |
Series D |  | 47.63 |  | 14 |  | 15 |  |  | 43.57 |  | 13 |  | 8 |
Series E |  | 37.50 |  | 17 |  | 15 |  |  | — |  | — |  | — |
Series F |  | 19.15 |  | 8 |  | — |  |  | — |  | — |  | — |
Total preferred stock |  |  |  | $75 |  |  | $73 |  |  |  |  | $50 |  |  | $48 |
Treasury Stock During the nine months ended September 30, 2020, the Company repurchased $270 million, or 7,548,655 shares, of its outstanding common stock, which are held in treasury stock. On March 16, 2020, the Company announced it would suspend all share repurchase activity through June 30, 2020. On April 17, 2020, the Company extended this suspension through December 31, 2020.

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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, including other comprehensive income. Includes, but is not limited to, balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings, accumulated balance for each classification of other comprehensive income and amount of comprehensive income. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(e)(1)) -URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -URI http://asc.fasb.org/topic&trid=2208762 + Details
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