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EARNINGS PER COMMON SHARE (Tables) | 9 Months Ended
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Sep. 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 September 30, |  | Nine Months Ended September 30,
| 2025 |  | 2024 |  | 2025 |  | 2024 |  |
| (in millions, except per share data)
Weighted-average common shares outstanding: |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding — basic | 296.2 |  |  | 318.2 |  |  | 302.4 |  |  | 324.2 |  |  |
Effect of dilutive potential common shares: |  |  |  |  |  |  |  |  |
Employee share awards (1) | — |  |  | — |  |  | — |  |  | 3.5 |  |  |
Weighted-average common shares outstanding — diluted | 296.2 |  |  | 318.2 |  |  | 302.4 |  |  | 327.7 |  |  |
Net income (loss): |  |  |  |  |  |  |  |  |
Net income (loss) | $ | (1,215) |  |  | $ | 28 |  |  | $ | (1,348) |  |  | $ | 788 |  |  |
Less: Net income (loss) attributable to the noncontrolling interest | 94 |  |  | 160 |  |  | 247 |  |  | 400 |  |  |
Net income (loss) attributable to Holdings | (1,309) |  |  | (132) |  |  | (1,595) |  |  | 388 |  |  |
Less: Preferred stock dividends | 16 |  |  | 14 |  |  | 48 |  |  | 54 |  |  |
Net income (loss) available to Holdings’ common shareholders | $ | (1,325) |  |  | $ | (146) |  |  | $ | (1,643) |  |  | $ | 334 |  |  |
Earnings per common share: |  |  |  |  |  |  |  |  |
Basic | $ | (4.47) |  |  | $ | (0.46) |  |  | $ | (5.43) |  |  | $ | 1.03 |  |  |
Diluted | $ | (4.47) |  |  | $ | (0.46) |  |  | $ | (5.43) |  |  | $ | 1.02 |  |  |
______________ (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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