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v3.22.0.1

Consolidated Statements of Changes in Stockholders' Equity (Parenthetical) - USD ($) $ in Millions | 12 Months Ended
--- | ---
Dec. 31, 2021 | Dec. 31, 2020 | Dec. 31, 2019
Balance |  | $ 6,842 | $ 6,712 | $ 6,655
Accounting Standards Update [Extensible List] |  |  | Accounting Standards Update 2016-13 |
Cumulative Effect, Period of Adoption, Adjustment |  |  |  |
Balance | [1] |  | $ (10) |
Accounting Standards Update [Extensible List] |  |  | Accounting Standards Update 2016-13 |
Common Stock (Par Value: $0.01) |  |  |  |
Dividends paid on common stock, per share |  | $ 0.68 | $ 0.68 | $ 0.68
Balance |  | $ 5 | $ 5 | $ 5
Preferred Stock (Par Value: $0.01) |  |  |  |
Dividends paid on preferred stock, per share |  | $ 63.76 | $ 63.76 | $ 63.76
Balance |  | $ 503 | $ 503 | $ 503
Retained Earnings |  |  |  |
Balance |  | $ 494 | 342 | $ 297
Retained Earnings | Cumulative Effect, Period of Adoption, Adjustment |  |  |  |
Balance | [1] |  | $ (10) |
Accounting Standards Update [Extensible List] |  |  | Accounting Standards Update 2016-13 |
[1] | Amount represents a $10 million cumulative adjustment, net of tax, to retained earnings as of January 1, 2020, as a result of the adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which became effective January 1, 2020.

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