v3.26.1
Shareholders' Equity (Tables)
 3 Months Ended
Mar. 31, 2026
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, 2025
105.6 10.1 95.5 
Common shares issued0.1 — 0.1 
Common shares acquired - share repurchase— 2.7 (2.7)
Share-based compensation programs1.7 0.8 0.9 
Balance, December 31, 2025
107.413.693.8
Common shares issued— — — 
Common shares acquired - share repurchase— 2.1 (2.1)
Share-based compensation programs1.0 0.3 0.7 
Balance, March 31, 2026
108.416.092.4
Schedule of Dividends Declared
Dividends declared per share of common stock were as follows for the periods indicated:
Three Months Ended March 31,
20262025
Dividends declared per share of common stock$0.47 $0.45 
on preferred stock per share and in the aggregate were as follows for the periods indicated:
Series ASeries B
Three Months Ended March 31,Per ShareAggregatePer ShareAggregate
2026$38.790 $13 $13.375 $4 
202538.790 13 13.375 4 
Schedule of Preferred Stock Issued and Outstanding stock issued and outstanding were as follows for the periods indicated:
March 31, 2026December 31, 2025
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 for the periods indicated:
Three Months Ended March 31,
(shares in millions)
20262025
Shares of common stock2.1— 
Payment$150 $— 
Accelerated Share Repurchases