v3.26.1
Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) - USD ($)
$ in Millions
Total
Class A common stock
Class B common stock
Issuance of Series E preferred stock
Series A
Series B
Series C
Series D
Preferred Stock
Preferred Stock
Issuance of Series E preferred stock
Common Stock
Class A common stock
Common Stock
Class B common stock
Additional Paid in Capital
Additional Paid in Capital
Class A common stock
Retained Earnings
Retained Earnings
Class A common stock
Retained Earnings
Class B common stock
Retained Earnings
Series A
Retained Earnings
Series B
Retained Earnings
Series C
Retained Earnings
Series D
Accumulated Other Comprehensive Income (Loss)
Beginning balance, shareholders' equity at Dec. 31, 2024 $ 22,228               $ 881   $ 13 $ 1 $ 2,417   $ 19,361             $ (445)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 483                           483              
Other comprehensive loss, net of tax 246                                         246
Repurchased shares of Class A common stock   $ (620)                 (1)     $ (619)                
Cash dividends declared   (25) $ (2)                         $ (25) $ (2)          
Preferred stock dividends declared:         $ (5) $ (7) $ (3)                     $ (5) $ (7) $ (3)    
Ending balance, shareholders' equity at Mar. 31, 2025 22,295               881   12 1 1,798   19,802             (199)
Beginning balance, shareholders' equity at Dec. 31, 2025 22,238               1,375   11 1 0   20,768             83
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                            
Net income 534                           534              
Other comprehensive loss, net of tax (155)                                         (155)
Stock issued during period, value       $ 390           $ 390                        
Repurchased shares of Class A common stock   (908)                         (908)              
Cash dividends declared   $ (23) $ (2)                         $ (23) $ (2)          
Preferred stock dividends declared:         $ (5) $ (7) $ (3) $ (11)                   $ (5) $ (7) $ (3) $ (11)  
Ending balance, shareholders' equity at Mar. 31, 2026 $ 22,048               $ 1,765   $ 11 $ 1 $ 0   $ 20,343             $ (72)