v3.26.1
Equity (Tables)
 6 Months Ended
Jun. 30, 2026
Equity [Abstract]  
Schedule of Share Repurchase Program
Amount Authorized for Share Repurchases
(in billions)
Board Authorization Dates:
October 2021$2.00 
August 20221.25 
March 20231.00 
February 20241.50 
October 20241.00 
October 20251.00 
Cumulative authorization at June 30, 2026
$7.75 
Schedule of Repurchase Agreements
The following table provides information about our repurchases of common stock for the period between January 1, 2026 and August 3, 2026:
$7.750 Billion Board Authorization
Total Number of Shares RepurchasedAverage Price Paid
Per Share		Amount Paid for Shares RepurchasedAmount Available for Additional Repurchases at the End of the Period
(in millions, except share amounts and price paid per share)
Three Months Ended March 31, 20262,373,546$159.82 $379 
Three Months Ended June 30, 2026 (a)2,155,553153.34 331 
Six Months Ended June 30, 20264,529,099$156.74 $710 $1,290 
July 1, 2026 through August 3, 2026436,821154.78 68 
January 1, 2026 through August 3, 2026 (a)4,965,920$156.57 $778 $1,222 
____________
(a)Shares repurchased include 15,435 and 17,244, respectively, of unsettled shares for $2 million and $3 million, respectively, as of June 30, 2026 and August 3, 2026, respectively.
Schedule of Dividends Declared
The following is a summary of our cumulative redeemable preferred stock outstanding. In the event of liquidation or dissolution of the Company, the payment of dividends and the distribution of assets to preferred stockholders takes precedence over the Company's common stockholders.
Preferred Stock SeriesIssuance
Date		Shares
Issued		Shares
Outstanding		Contractual
Rates		Earliest Redemption Date (a)Date at Which Dividend Rate Becomes FloatingFloating Annual Rates
Series AOctober 15,
2021		1,000,000 1,000,000 8.000 %October 15,
2026		October 15,
2026
5-Year U.S. Treasury rate (subject to floor of 1.07%) plus 6.93%
Series BDecember 10,
2021		1,000,000 1,000,000 7.000 %December 15,
2026		December 15,
2026
5-Year U.S. Treasury rate (subject to floor of 1.26%) plus 5.74%
Series CDecember 29,
2023		476,081 476,066 8.875 %January 15,
2029		January 15,
2029
5-Year U.S. Treasury rate (subject to floor of 3.83%) plus 5.045%
____________
(a)Subject to our right, in limited circumstances, to redeem preferred stock prior to the earliest redemption date.
The following table summarizes preferred stock dividends paid per share for the three and six months ended June 30, 2026 and 2025.
Three Months Ended June 30,Six Months Ended June 30,
Preferred Stock Series2026202520262025
Series A Preferred Stock$40.000 $40.000 $40.000 $40.000 
Series B Preferred Stock$35.000 $35.000 $35.000 $35.000 
Series C Preferred Stock$— $— $44.375 $44.375