v3.26.3
Equity and Other Stock Related Information (Tables)
 9 Months Ended
Sep. 30, 2026
Equity [Abstract]  
Schedule of Preferred Stock
The following table summarizes the Company's preferred stock issued and outstanding at September 30, 2026 and December 31, 2025:
Series(a)
Issuance DateRedeemable by Issuer BeginningPer Annum Dividend RateLiquidation Preference per ShareTotal Shares OutstandingSeptember 30, 2026December 31, 2025
($ in millions, except per share data)
Series ANovember 14, 2019November 15, 20245.625%$1,000750,000$734 $734 
Series BFebruary 23, 2024May 15, 2029
8.25%(b)
$1,000500,000$488 $488 
Series CJune 5, 2026August 15, 2031
7.25%(c)
$100,0005,000$494 $— 
Total$1,716 $1,222 
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(a)Issued as depositary shares, each representing a 1/40th interest in a share of Series A and B non-cumulative perpetual preferred stock, and representing a 1/100th interest in a share of Series C non-cumulative perpetual preferred stock. Dividends are payable quarterly on February 15, May 15, August 15 and November 15 of each calendar year at a fixed rate, in each case when, as and if declared by the Board of Directors.
(b)Through May 14, 2029; resets May 15, 2029 and each date falling on the fifth anniversary at 5-Year Treasury Rate plus 4.044%.
(c)Through August 14, 2031; resets August 15, 2031 and each date falling on the fifth anniversary at 5-Year Treasury Rate plus 3.078%.