XML 80 R70.htm IDEA: XBRL DOCUMENT v3.25.1
EARNINGS PER COMMON SHARE - Schedule of Net Income (Loss) per Common Share (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Numerator    
Net income (loss) $ 210 $ 733
Less: dividends declared - common shares and unvested common shares (85) (76)
Undistributed earnings, basic 125 657
Undistributed earnings, diluted $ 125 $ 657
Percentage allocated to common shareholders 98.90% 98.90%
Net income (loss) available to common stockholders, basic before dividends, common stock $ 123 $ 649
Net income (loss) available to common stockholders, diluted before dividends, common stock 123 649
Add: dividends declared - common shareholders 84 75
Numerator for basic earnings per common share 208 725
Numerator for diluted earnings per common share $ 208 $ 725
Denominator    
Denominator for basic earnings per weighted-average common shares (in shares) 42.3 42.9
Effect of dilutive securities:    
Options (in shares) 0.0 0.0
Denominator for diluted earnings per adjusted weighted-average common shares (in shares) 42.3 42.9
Per common share net income (loss)    
Basic (in dollars per share) $ 4.90 $ 16.87
Diluted (in dollars per share) $ 4.90 $ 16.87
Basic weighted-average common shares outstanding (in shares) 42.3 42.9
Basic weighted-average common shares outstanding and unvested common shares expected to vest (in shares) 42.8 43.4