XML 69 R47.htm IDEA: XBRL DOCUMENT v3.25.3
EARNINGS PER COMMON SHARE (Tables)
9 Months Ended
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,
 
2025202420252024
(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)$788 
Less: Net income (loss) attributable to the noncontrolling interest94 160 247 400 
Net income (loss) attributable to Holdings(1,309)(132)(1,595)388 
Less: Preferred stock dividends16 14 48 54 
Net income (loss) available to Holdings’ common shareholders$(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.