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U.S. and Europe Retrospective Responsibility Plans - Changes in Preferred Stock and Right to Recover Covered Losses (Details)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
shares
Sep. 30, 2023
USD ($)
$ / shares
shares
Sep. 30, 2022
shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance as of beginning of period $ 38,733 $ 35,581    
VE territory covered losses incurred (24) (8)    
Recovery through conversion rate adjustment 0 1    
Balance as of end of period 39,733 36,924    
As-converted Value of Preferred Stock 4,854   $ 4,311  
Book Value of Preferred Stock 1,615   1,698  
Book Value of Preferred Stock, Total 1,217   1,242  
Less: right to recover for covered losses (139)   (140)  
As-converted Value of Preferred Stock, Total recovery for covered losses available 4,715   4,171  
Book Value of Preferred of Stock, Total recovery for covered losses available $ 1,078   $ 1,102  
Share price (in dollars per share) | $ / shares $ 260.35   $ 230.01  
Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance as of beginning of period $ 1,698 [1] 2,324 [2]    
Recovery through conversion rate adjustment (25) (14)    
Balance as of end of period $ 1,615 [1] $ 1,981 [2]    
Preferred stock, shares outstanding (in shares) | shares 5 5 5 5
Right to Recover for Covered Losses        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance as of beginning of period $ (140) $ (35)    
VE territory covered losses incurred (24) (8)    
Recovery through conversion rate adjustment 25 15    
Balance as of end of period (139) (28)    
Series B preferred stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Recovery through conversion rate adjustment 22 7    
As-converted Value of Preferred Stock 1,875   $ 1,676  
Book Value of Preferred Stock $ 419   $ 441  
Preferred stock, shares outstanding (in shares) | shares 2   2  
Preferred stock, conversion rate 2.9030   2.9370  
Series B preferred stock | Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance as of beginning of period $ 441 460    
VE territory covered losses incurred 0 0    
Recovery through conversion rate adjustment (22) (7)    
Balance as of end of period 419 453    
Series C preferred stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Recovery through conversion rate adjustment 3 7    
As-converted Value of Preferred Stock 2,979   $ 2,635  
Book Value of Preferred Stock $ 798   $ 801  
Preferred stock, shares outstanding (in shares) | shares 3   3  
Preferred stock, conversion rate 3.6250   3.629  
Series C preferred stock | Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance as of beginning of period $ 801 812    
VE territory covered losses incurred 0 0    
Recovery through conversion rate adjustment (3) (7)    
Balance as of end of period $ 798 $ 805    
[1] As of December 31, 2023 and September 30, 2023, the book value of series A preferred stock was $398 million and $456 million, respectively. Refer to Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B and series C preferred stock
[2] As of December 31, 2022 and September 30, 2022, the book value of series A preferred stock was $723 million and $1.0 billion, respectively. Refer to Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B and series C preferred stock.