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v3.26.1

Consolidated Statement of Changes in Equity (Unaudited) - USD ($) $ in Millions | Total | Total | Common Shares | Common Stock and Capital Surplus | Retained Earnings | Accumulated Other Comp. Income (Loss)
--- | --- | --- | --- | --- | --- | ---
Beginning Balance (shares) at Dec. 31, 2024 |  |  | 83,978,258 |  |  |
Beginning Balance at Dec. 31, 2024 |  | $ 4,466 |  | $ 1,495 | $ 3,211 | $ (240)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |
Net earnings | $ 154 | 154 |  |  | 154 |
Other comprehensive income (loss) |  | 61 |  |  |  | 61
Dividends |  | (234) |  |  | (234) |
Shares issued: |  |  |  |  |  |
Exercise of stock options (shares) |  |  | 18,932 |  |  |
Exercise of stock options |  | 1 |  | 1 |  |
Restricted stock awards (shares) |  |  | 166,297 |  |  |
Other benefit plans (shares) |  |  | 15,657 |  |  |
Other benefit plans |  | 2 |  | 2 |  |
Dividend reinvestment plan (shares) |  |  | 7,020 |  |  |
Dividend reinvestment plan |  | 1 |  | 1 |  |
Stock-based compensation expense |  | 4 |  | 4 |  |
Shares acquired and retired (shares) |  |  | (462,398) |  |  |
Shares acquired and retired |  | (58) |  | (9) | (49) |
Shares exchanged — benefit plans (shares) |  |  | (42,809) |  |  |
Shares exchanged — benefit plans |  | (5) |  | (1) | (4) |
Forfeitures of restricted stock (shares) |  |  | (12,504) |  |  |
Ending Balance (shares) at Mar. 31, 2025 |  |  | 83,668,453 |  |  |
Ending Balance at Mar. 31, 2025 |  | 4,392 |  | 1,493 | 3,078 | (179)
Beginning Balance (shares) at Dec. 31, 2025 | 83,422,202 |  | 83,422,202 |  |  |
Beginning Balance at Dec. 31, 2025 |  | 4,820 |  | 1,513 | 3,357 | (50)
Increase (Decrease) in Stockholders' Equity [Roll Forward] |  |  |  |  |  |
Net earnings | $ 191 | 191 |  |  | 191 |
Other comprehensive income (loss) |  | (77) |  |  |  | (77)
Dividends |  | (199) |  |  | (199) |
Shares issued: |  |  |  |  |  |
Restricted stock awards (shares) |  |  | 150,544 |  |  |
Other benefit plans (shares) |  |  | 16,112 |  |  |
Other benefit plans |  | 2 |  | 2 |  |
Dividend reinvestment plan (shares) |  |  | 6,080 |  |  |
Dividend reinvestment plan |  | 1 |  | 1 |  |
Stock-based compensation expense |  | 5 |  | 5 |  |
Shares acquired and retired (shares) |  |  | (466,097) |  |  |
Shares acquired and retired |  | (60) |  | (9) | (51) |
Shares exchanged — benefit plans (shares) |  |  | (38,736) |  |  |
Shares exchanged — benefit plans |  | (5) |  | (1) | (4) |
Forfeitures of restricted stock (shares) |  |  | (3,810) |  |  |
Ending Balance (shares) at Mar. 31, 2026 | 83,086,295 |  | 83,086,295 |  |  |
Ending Balance at Mar. 31, 2026 |  | $ 4,678 |  | $ 1,511 | $ 3,294 | $ (127)

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