v3.26.3
Earnings Per Share (Details) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2026
Jun. 30, 2026
Mar. 31, 2026
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Sep. 30, 2026
Sep. 30, 2025
Basic EPS:                
Net income $ 882,000,000 $ 142,000,000 $ 270,000,000 $ 662,000,000 $ 547,000,000 $ 517,000,000 $ 1,294,000,000 $ 1,726,000,000
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic $ 72,000,000 [1]     $ 0     $ 135,000,000 [1] $ 0
Weighted average common shares outstanding (in shares) 1,360,800,000     1,358,500,000     1,360,200,000 1,358,000,000
Earnings per common share - basic (in dollars per share) $ 0.60     $ 0.49     $ 0.85 $ 1.27
Diluted EPS:                
Weighted average common shares outstanding (in shares) 1,360,800,000     1,358,500,000     1,360,200,000 1,358,000,000
Effect of dilutive securities (in shares) 5,300,000     4,400,000     4,700,000 4,700,000
Weighted average common shares outstanding and common stock equivalents (in shares) 1,366,100,000     1,362,900,000     1,364,900,000 1,362,700,000
Earnings per common share - diluted (in dollars per share) $ 0.59     $ 0.49     $ 0.85 $ 1.27
Anti-dilutive shares excluded from the diluted weighted average shares outstanding calculation (in shares) 400,000     1,300,000     1,600,000 400,000
Net Income (Loss) Available to Common Stockholders, Basic $ 810,000,000     $ 662,000,000     $ 1,159,000,000 $ 1,726,000,000
[1] The net income allocated to Preferred Investors in a given period, computed independently for each quarter-to-date and year-to-date period, is the greater of i) dividends declared to the Preferred Investors, or ii) the net income attributable to the Preferred Investors as a participating security. For the third quarter of 2026, the allocation of net income to the Preferred Investors as a participating security were greater. For the first nine months of 2026, dividends declared to the Preferred Investors were greater.