v3.26.3
Condensed Consolidated Statements of Changes in Equity (Unaudited) - USD ($)
shares in Thousands, $ in Millions
Total
Series A Preferred Stock
Series B Preferred Stock
Series C Preferred Stock
Preferred Stock
Common Stock
Additional Paid-in Capital
Retained Earnings
Retained Earnings
Series A Preferred Stock
Retained Earnings
Series B Preferred Stock
Retained Earnings
Series C Preferred Stock
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Preferred stock, beginning balance (in shares) at Dec. 31, 2024         1,250                
Beginning balance at Dec. 31, 2024 $ 16,580       $ 1,222 $ 1 $ 9,853 $ 21,635       $ (59) $ (16,072)
Beginning balance (in shares) at Dec. 31, 2024           833,985              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net earnings 757             757          
Other comprehensive income (loss) 6                     6  
Purchases of treasury stock (605)                       (605)
Stock-based compensation (39)           (49) (65)         75
Dividends - preferred stock   $ (11) $ (10)           $ (11) $ (10)      
Dividends - common stock (97)             (97)          
Preferred stock, ending balance (in shares) at Mar. 31, 2025         1,250                
Ending balance at Mar. 31, 2025 16,581       $ 1,222 $ 1 9,804 22,209       (53) (16,602)
Ending balance (in shares) at Mar. 31, 2025           833,985              
Preferred stock, beginning balance (in shares) at Dec. 31, 2024         1,250                
Beginning balance at Dec. 31, 2024 16,580       $ 1,222 $ 1 9,853 21,635       (59) (16,072)
Beginning balance (in shares) at Dec. 31, 2024           833,985              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net earnings 2,801                        
Other comprehensive income (loss) 13                        
Preferred stock, ending balance (in shares) at Sep. 30, 2025         1,250                
Ending balance at Sep. 30, 2025 17,065       $ 1,222 $ 1 9,866 23,978       (46) (17,956)
Ending balance (in shares) at Sep. 30, 2025           833,985              
Preferred stock, beginning balance (in shares) at Mar. 31, 2025         1,250                
Beginning balance at Mar. 31, 2025 16,581       $ 1,222 $ 1 9,804 22,209       (53) (16,602)
Beginning balance (in shares) at Mar. 31, 2025           833,985              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net earnings 967             967          
Other comprehensive income (loss) 8                     8  
Purchases of treasury stock (504)                       (504)
Stock-based compensation 35           32 (5)         8
Dividends - preferred stock   (10) (11)           (10) (11)      
Dividends - common stock (114)             (114)          
Preferred stock, ending balance (in shares) at Jun. 30, 2025         1,250                
Ending balance at Jun. 30, 2025 16,952       $ 1,222 $ 1 9,836 23,036       (45) (17,098)
Ending balance (in shares) at Jun. 30, 2025           833,985              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net earnings 1,077             1,077          
Other comprehensive income (loss) (1)                     (1)  
Purchases of treasury stock (870)                       (870)
Stock-based compensation 37           30 5         12
Dividends - preferred stock (10)   (10)         (10)   (10)      
Dividends - common stock (110)             (110)          
Preferred stock, ending balance (in shares) at Sep. 30, 2025         1,250                
Ending balance at Sep. 30, 2025 $ 17,065       $ 1,222 $ 1 9,866 23,978       (46) (17,956)
Ending balance (in shares) at Sep. 30, 2025           833,985              
Preferred stock, beginning balance (in shares) at Dec. 31, 2025 1,250       1,250                
Beginning balance at Dec. 31, 2025 $ 16,766       $ 1,222 $ 1 9,902 24,598       (48) (18,909)
Beginning balance (in shares) at Dec. 31, 2025 834,000         833,985              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net earnings $ 805             805          
Other comprehensive income (loss) (8)                     (8)  
Purchases of treasury stock (907)                       (907)
Stock-based compensation (54)           (58) (68)         72
Dividends - preferred stock   (10) (11)           (10) (11)      
Dividends - common stock (104)             (104)          
Preferred stock, ending balance (in shares) at Mar. 31, 2026         1,250                
Ending balance at Mar. 31, 2026 $ 16,477       $ 1,222 $ 1 9,844 25,210       (56) (19,744)
Ending balance (in shares) at Mar. 31, 2026           833,985              
Preferred stock, beginning balance (in shares) at Dec. 31, 2025 1,250       1,250                
Beginning balance at Dec. 31, 2025 $ 16,766       $ 1,222 $ 1 9,902 24,598       (48) (18,909)
Beginning balance (in shares) at Dec. 31, 2025 834,000         833,985              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net earnings $ 2,582                        
Other comprehensive income (loss) $ (50)                        
Preferred stock, ending balance (in shares) at Sep. 30, 2026 1,260       1,255                
Ending balance at Sep. 30, 2026 $ 16,550       $ 1,716 $ 1 9,912 26,720       (98) (21,701)
Ending balance (in shares) at Sep. 30, 2026 834,000         833,985              
Preferred stock, beginning balance (in shares) at Mar. 31, 2026         1,250                
Beginning balance at Mar. 31, 2026 $ 16,477       $ 1,222 $ 1 9,844 25,210       (56) (19,744)
Beginning balance (in shares) at Mar. 31, 2026           833,985              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net earnings 885             885          
Other comprehensive income (loss) (15)                     (15)  
Issuance of preferred stock (in shares)         5                
Issuance of preferred stock 494       $ 494                
Purchases of treasury stock (859)                       (859)
Stock-based compensation 36           32 (6)         10
Dividends - preferred stock   (11) (10)           (11) (10)      
Dividends - common stock (100)             (100)          
Preferred stock, ending balance (in shares) at Jun. 30, 2026         1,255                
Ending balance at Jun. 30, 2026 16,897       $ 1,716 $ 1 9,876 25,968       (71) (20,593)
Ending balance (in shares) at Jun. 30, 2026           833,985              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                          
Net earnings 892             892          
Other comprehensive income (loss) (27)                     (27)  
Purchases of treasury stock (1,112)                       (1,112)
Stock-based compensation 38           36 2         4
Dividends - preferred stock   $ (11) $ (10) $ (7)         $ (11) $ (10) $ (7)    
Dividends - common stock $ (110)             (110)          
Preferred stock, ending balance (in shares) at Sep. 30, 2026 1,260       1,255                
Ending balance at Sep. 30, 2026 $ 16,550       $ 1,716 $ 1 $ 9,912 $ 26,720       $ (98) $ (21,701)
Ending balance (in shares) at Sep. 30, 2026 834,000         833,985