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EARNINGS PER COMMON SHARE (Tables)
 6 Months Ended
Jun. 30, 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 June 30,Six Months Ended June 30,
 
2025202420252024
(in millions, except per share data)
Weighted-average common shares outstanding:
Weighted-average common shares outstanding — basic
303.2 324.2 305.5 327.2 
Effect of dilutive potential common shares:
Employee share awards (1)— 3.1 — 3.2 
Weighted-average common shares outstanding — diluted
303.2 327.3 305.5 330.4 
Net income (loss):
Net income (loss)$(283)$565 $(133)$760 
Less: Net income (loss) attributable to the noncontrolling interest66 137 153 240 
Net income (loss) attributable to Holdings(349)428 (286)520 
Less: Preferred stock dividends18 26 32 40 
Net income (loss) available to Holdings’ common shareholders$(367)$402 $(318)$480 
Earnings per common share:
Basic$(1.21)$1.24 $(1.04)$1.47 
Diluted$(1.21)$1.23 $(1.04)$1.45 
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(1)Calculated using the treasury stock method.