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EARNINGS PER COMMON SHARE (Tables) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share, Basic and Diluted | The following table presents a reconciliation of net income (loss) and weighted-average common shares used in calculating basic and diluted earnings per common share:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2024 |  | 2023 |  | 2024 |  | 2023 |  |
| (in millions, except per share data)
Weighted-average common shares outstanding: |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding — basic | 318.2 |  |  | 346.4 |  |  | 324.2 |  |  | 354.4 |  |  |
Effect of dilutive potential common shares: |  |  |  |  |  |  |  |  |
Employee share awards (1) | — |  |  | 1.6 |  |  | 3.5 |  |  | 1.4 |  |  |
Weighted-average common shares outstanding — diluted | 318.2 |  |  | 348.0 |  |  | 327.7 |  |  | 355.9 |  |  |
Net income (loss): |  |  |  |  |  |  |  |  |
Net income (loss) | $ | 26 |  |  | $ | 1,135 |  |  | $ | 808 |  |  | $ | 2,232 |  |  |
Less: Net income (loss) attributable to the noncontrolling interest | 160 |  |  | 71 |  |  | 400 |  |  | 232 |  |  |
Net income (loss) attributable to Holdings | (134) |  |  | 1,064 |  |  | 408 |  |  | 2,000 |  |  |
Less: Preferred stock dividends | 14 |  |  | 14 |  |  | 54 |  |  | 54 |  |  |
Net income (loss) available to Holdings’ common shareholders | $ | (148) |  |  | $ | 1,050 |  |  | $ | 354 |  |  | $ | 1,946 |  |  |
Earnings per common share: |  |  |  |  |  |  |  |  |
Basic | $ | (0.47) |  |  | $ | 3.03 |  |  | $ | 1.09 |  |  | $ | 5.49 |  |  |
Diluted | $ | (0.47) |  |  | $ | 3.02 |  |  | $ | 1.08 |  |  | $ | 5.47 |  |  |
______________ (1)Calculated using the treasury stock method.

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
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