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EARNINGS PER COMMON SHARE (Tables)
 3 Months Ended
Mar. 31, 2025
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 March 31,
 
20252024
(in millions, except per share data)
Weighted-average common shares outstanding:
Weighted-average common shares outstanding — basic
307.8 330.2 
Effect of dilutive potential common shares:
Employee share awards (1)4.1 2.5 
Weighted-average common shares outstanding — diluted
311.9 332.7 
Net income (loss):
Net income (loss)$150 $195 
Less: Net income (loss) attributable to the noncontrolling interest87 103 
Net income (loss) attributable to Holdings63 92 
Less: Preferred stock dividends14 14 
Net income (loss) available to Holdings’ common shareholders$49 $78 
Earnings per common share:
Basic$0.16 $0.24 
Diluted$0.16 $0.23 
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(1)Calculated using the treasury stock method.