v3.25.2
Shareholders' Equity (Tables)
6 Months Ended
Jun. 30, 2025
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
2025
(shares in millions)
IssuedHeld in TreasuryOutstanding
Balance, January 1, 2024103.6 0.7 102.9 
Common shares issued0.1 — 0.1 
Common shares acquired - share repurchase— 8.6 (8.6)
Share-based compensation programs1.9 0.8 1.1 
Balance, December 31, 2024105.610.195.5
Common shares issued— — — 
Common shares acquired - share repurchase— — — 
Share-based compensation programs1.4 0.6 0.8 
Balance, June 30, 2025
107.010.796.3
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,
2025202420252024
Dividends declared per share of common stock$0.45 $0.40 $0.90 $0.80 
on preferred stock per share and in the aggregate were as follows for the periods indicated:
Series ASeries B
Three Months Ended June 30,Per ShareAggregatePer ShareAggregate
2025$— $— $13.375 $
2024— — 13.375 
Six Months Ended June 30,
202538.790 13 26.750 
202438.790 13 26.750 
Schedule of Preferred Stock Issued and Outstanding stock issued and outstanding were as follows for the periods indicated:
June 30, 2025December 31, 2024
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 
Schedule of Share Repurchases
The following table presents repurchases of the Company's common stock pursuant to 10b5-1 plans and through open market repurchases for the periods indicated:
Six Months Ended June 30,
20252024
Shares of common stock— 4,854,544 
Payment$— $346