v3.26.1
Consolidated Statements of Changes in Stockholders’ Equity (Unaudited) - USD ($)
$ in Millions
Total
Class A common stock
Class B common stock
Series E
Series A
Series B
Series C
Series D
Preferred Stock
Preferred Stock
Series E
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 E
Retained Earnings
Series A
Retained Earnings
Series B
Retained Earnings
Series C
Retained Earnings
Series D
Accumulated Other Comprehensive (Loss) Income
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 1,058                           1,058                
Other comprehensive (loss) Income, net of tax 331                                           331
Repurchased shares of Class A common stock   $ (1,239)                 (1)     $ (1,238)                  
Cash dividends declared   (49) $ (4)                         $ (49) $ (4)            
Preferred stock dividends declared:         $ (9) $ (14) $ (6)                       $ (9) $ (14) $ (6)    
Ending balance, shareholders' equity at Jun. 30, 2025 22,296               881   12 1 1,179   20,337               (114)
Beginning balance, shareholders' equity at Mar. 31, 2025 22,295               881   12 1 1,798   19,802               (199)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Net income 575                           575                
Other comprehensive (loss) Income, net of tax 85                                           85
Repurchased shares of Class A common stock   (619)                       $ (619)                  
Cash dividends declared   (24) (2)                         (24) (2)            
Preferred stock dividends declared:         (4) (7) (3)                       (4) (7) (3)    
Ending balance, shareholders' equity at Jun. 30, 2025 22,296               881   12 1 1,179   20,337               (114)
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 1,206                           1,206                
Other comprehensive (loss) Income, net of tax (313)                                           (313)
Issuance of Series E preferred stock       $ 390           $ 390                          
Repurchased shares of Class A common stock   (1,515)                 (1)       (1,514)                
Cash dividends declared   (44) (4)                         (44) (4)            
Preferred stock dividends declared:       (10) (9) (13) (6) $ (20)                   $ (10) (9) (13) (6) $ (20)  
Ending balance, shareholders' equity at Jun. 30, 2026 21,900               1,765   10 1 0   20,354               (230)
Beginning balance, shareholders' equity at Mar. 31, 2026 22,048               1,765   11 1 0   20,343               (72)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                              
Net income 672                           672                
Other comprehensive (loss) Income, net of tax (158)                                           (158)
Repurchased shares of Class A common stock   (607)                 (1)       (606)                
Cash dividends declared   $ (21) $ (2)                         $ (21) $ (2)            
Preferred stock dividends declared:       $ (10) $ (4) $ (6) $ (3) $ (9)                   $ (10) $ (4) $ (6) $ (3) $ (9)  
Ending balance, shareholders' equity at Jun. 30, 2026 $ 21,900               $ 1,765   $ 10 $ 1 $ 0   $ 20,354               $ (230)