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Shareholders' Equity (Tables)
 6 Months Ended
Jun. 30, 2024
Equity [Abstract]  
Schedule of Common Stock Outstanding Roll Forward
The following table presents the rollforward of common shares used in calculating the weighted average shares utilized in the basic earnings per common share calculation for the periods indicated:
Common Shares
(shares in millions)
IssuedHeld in TreasuryOutstanding
Balance, January 1, 2023
97.8 0.6 97.2 
Common shares issued9.7 — 9.7 
Common shares acquired - share repurchase— 5.4 (5.4)
Share-based compensation2.1 0.7 1.4 
Treasury stock retirement
(6.0)(6.0)— 
Balance, December 31, 2023
103.60.7102.9 
Common shares issued— 
*
— — 
Common shares acquired - share repurchase— 4.9 (4.9)
Share-based compensation1.6 0.6 1.0 
Balance, June 30, 2024
105.26.299.0
*Less than 0.1
Schedule of Dividends Declared
Dividends declared per share of common stock were as follows for the periods indicated:

Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Dividends declared per share of common stock
$0.40 $0.20 $0.80 $0.40 
on preferred stock per share and in the aggregate were as follows for the periods indicated:
Series ASeries B
Three Months Ended June 30,Per ShareAggregatePer ShareAggregate
2024$— $— $13.375 $4 
2023— — 13.375 4 
Six Months Ended June 30,
202438.790 13 26.750 8 
202330.625 10 26.750 8 
Schedule of Preferred Stock Issued and Outstanding referred stock issued and outstanding are as follows:
June 30, 2024December 31, 2023
SeriesIssuedOutstandingIssuedOutstanding
7.758% Non-cumulative Preferred Stock, Series A
325,000 325,000 325,000 325,000 
5.35% Non-cumulative Preferred Stock, Series B
300,000 300,000 300,000 300,000 
Total625,000 625,000 625,000 625,000