v3.26.3
Condensed Consolidated Statements of Shareholders' Equity - USD ($)
shares in Millions, $ in Millions
Total
Common equities
Paid-In Capital
Retained Earnings
Accumulated Other Comprehensive Income
Treasury Stock
Beginning balance at Dec. 31, 2024   $ 397 $ 1,502 $ 14,869 $ (309) $ (2,524)
Share-based awards   0 (1)     10
Share-based compensation     36      
Other     6     1
Net Income $ 1,717     1,717    
Dividends declared       (407)    
Other comprehensive income (loss) 225       225  
Shares acquired - share repurchase authorization           (102)
Shares acquired - share-based compensation plans           (14)
Ending balance at Sep. 30, 2025 $ 15,406 $ 397 1,543 16,179 (84) (2,629)
Beginning Balance (in shares) at Dec. 31, 2024   156.4        
Share-based awards (in shares)   0.4        
Shares acquired - share repurchase authorization (in shares)   (0.7)        
Shares acquired - share-based compensation plans, shares   (0.1)        
Other   0.0        
Ending Balance (in shares) at Sep. 30, 2025   156.0        
Dividends declared per common share (in dollars per share) $ 2.61          
Beginning balance at Jun. 30, 2025   $ 397 1,528 15,193 (249) (2,568)
Share-based awards   0 2     0
Share-based compensation     11      
Other     2     0
Net Income $ 1,122     1,122    
Dividends declared       (136)    
Other comprehensive income (loss) 165       165  
Shares acquired - share repurchase authorization           (60)
Shares acquired - share-based compensation plans           (1)
Ending balance at Sep. 30, 2025 $ 15,406 $ 397 1,543 16,179 (84) (2,629)
Beginning Balance (in shares) at Jun. 30, 2025   156.3        
Share-based awards (in shares)   0.1        
Shares acquired - share repurchase authorization (in shares)   (0.4)        
Shares acquired - share-based compensation plans, shares   0.0        
Other   0.0        
Ending Balance (in shares) at Sep. 30, 2025   156.0        
Dividends declared per common share (in dollars per share) $ 0.87          
Beginning balance at Dec. 31, 2025 $ 15,911 $ 397 1,561 16,719 (34) (2,732)
Share-based awards   0 (9)     18
Share-based compensation     37      
Other     6     (2)
Net Income 1,988     1,988    
Dividends declared       (434)    
Other comprehensive income (loss) (917)       (917)  
Shares acquired - share repurchase authorization           (395)
Shares acquired - share-based compensation plans           (21)
Ending balance at Sep. 30, 2026 $ 16,182 $ 397 1,595 18,273 (951) (3,132)
Beginning Balance (in shares) at Dec. 31, 2025   155.4        
Share-based awards (in shares)   0.5        
Shares acquired - share repurchase authorization (in shares)   (2.4)        
Shares acquired - share-based compensation plans, shares   (0.1)        
Other   0.1        
Ending Balance (in shares) at Sep. 30, 2026   153.5        
Dividends declared per common share (in dollars per share) $ 2.82          
Beginning balance at Jun. 30, 2026   $ 397 1,582 17,958 (135) (3,131)
Share-based awards   0 1     2
Share-based compensation     10      
Other     2     0
Net Income $ 459     459    
Dividends declared       (144)    
Other comprehensive income (loss) (816)       (816)  
Shares acquired - share repurchase authorization           (1)
Shares acquired - share-based compensation plans           (2)
Ending balance at Sep. 30, 2026 $ 16,182 $ 397 $ 1,595 $ 18,273 $ (951) $ (3,132)
Beginning Balance (in shares) at Jun. 30, 2026   153.4        
Share-based awards (in shares)   0.0        
Shares acquired - share repurchase authorization (in shares)   0.0        
Shares acquired - share-based compensation plans, shares   0.0        
Other   0.1        
Ending Balance (in shares) at Sep. 30, 2026   153.5        
Dividends declared per common share (in dollars per share) $ 0.94