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Computation of Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share of Common Stock
The following table presents the Company’s computation of basic and diluted earnings per common share:

Three Months Ended March 31,
(in millions, except share and per share amounts)20242023
Net income available to common stockholders$(335)$1,998 
Less: Dividends paid on and earnings allocated to participating securities— (21)
Earnings applicable to common stock$(335)$1,977 
Weighted average common shares outstanding740,047,777686,911,555
Basic earnings per common share$(0.45)$2.88 
Earnings applicable to common stock$(335)$1,977 
Weighted average common shares outstanding740,047,777686,911,555
Potential dilutive common shares1,360,056
Total shares for diluted earnings per common share computation740,047,777 688,271,611
Diluted earnings per common share and common share equivalents$(0.45)$2.87