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CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
shares in Millions, $ in Millions
Total
Preferred Stock
Common Stock and Additional Paid-in Capital
Right to Recover for Covered Losses
Accumulated Income
Accumulated Other Comprehensive Income (Loss)
Beginning balance (in shares) at Sep. 30, 2022   5        
Balance as of beginning of period at Sep. 30, 2022 $ 35,581 $ 2,324 [1] $ 19,545 $ (35) $ 16,116 $ (2,369)
Beginning balance (in shares) at Sep. 30, 2022     1,890      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 4,179       4,179  
Other comprehensive income (loss) 1,110         1,110
VE territory covered losses incurred (8)     (8)    
Recovery through conversion rate adjustment 1 $ (14)   15    
Conversion to class A common stock upon sales into public market (in shares)   0 [2] 5      
Conversion to class A common stock upon sales into public market 0 $ (329) $ 329      
Share-based compensation 177   $ 177      
Stock issued under equity plans (in shares)     2      
Stock issued under equity plans 56   $ 56      
Restricted stock and performance-based shares settled in cash for taxes (in shares) [2]     0      
Restricted stock and performance-based shares settled in cash for taxes (112)   $ (112)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (945)       (945)  
Repurchase of class A common stock (in shares)     (16)      
Repurchase of class A common stock (3,115)   $ (168)   (2,947)  
Ending balance (in shares) at Dec. 31, 2022   5        
Balance as of end of period at Dec. 31, 2022 36,924 $ 1,981 [1] $ 19,827 (28) 16,403 (1,259)
Ending balance (in shares) at Dec. 31, 2022     1,881      
Beginning balance (in shares) at Sep. 30, 2023   5        
Balance as of beginning of period at Sep. 30, 2023 38,733 $ 1,698 [3] $ 20,452 (140) 18,040 (1,317)
Beginning balance (in shares) at Sep. 30, 2023     1,849      
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Net income 4,890       4,890  
Other comprehensive income (loss) 662         662
VE territory covered losses incurred (24)     (24)    
Recovery through conversion rate adjustment 0 $ (25)   25    
Conversion to class A common stock upon sales into public market (in shares)   0 [4] 1      
Conversion to class A common stock upon sales into public market 0 $ (58) $ 58      
Share-based compensation 209   $ 209      
Stock issued under equity plans (in shares)     2      
Stock issued under equity plans 104   $ 104      
Restricted stock and performance-based shares settled in cash for taxes (in shares)     (1)      
Restricted stock and performance-based shares settled in cash for taxes (172)   $ (172)      
Cash dividends declared and paid, at a quarterly amount per class A common stock (1,060)       (1,060)  
Repurchase of class A common stock (in shares)     (15)      
Repurchase of class A common stock (3,609)   $ (161)   (3,448)  
Ending balance (in shares) at Dec. 31, 2023   5        
Balance as of end of period at Dec. 31, 2023 $ 39,733 $ 1,615 [3] $ 20,490 $ (139) $ 18,422 $ (655)
Ending balance (in shares) at Dec. 31, 2023     1,836      
[1] 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.
[2] Increase or decrease is less than one million shares.
[3] 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
[4] Increase or decrease is less than one million shares.