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U.S. and Europe Retrospective Responsibility Plans - Schedule of Changes in Preferred Stock and Right to Recover Covered Losses (Details)
$ / shares in Units, shares in Millions, $ in Millions
12 Months Ended
Sep. 30, 2024
USD ($)
$ / shares
shares
Sep. 30, 2023
USD ($)
$ / shares
shares
Sep. 30, 2022
USD ($)
shares
Sep. 30, 2021
shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance as of beginning of period $ 38,733 $ 35,581 $ 37,589  
VE territory covered losses incurred (139) (136) (43)  
Recovery through conversion rate adjustment (6) 1 0  
Balance as of end of period 39,137 38,733 35,581  
As-converted Value of Preferred Stock 2,234 4,311    
Book Value of Preferred Stock 1,031 1,698    
Book Value of Preferred Stock, Total 491 1,242    
Less: right to recover for covered losses (104) (140)    
As-converted value of Preferred Stock, Total recovery for covered losses available 2,130 4,171    
Book value of Preferred of Stock, Total recovery for covered losses available $ 387 $ 1,102    
Preferred stock, shares outstanding (in shares) | shares 5 5    
Share price (in dollars per share) | $ / shares $ 274.95 $ 230.01    
Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Balance as of beginning of period $ 1,698 [1],[2] $ 2,324 [1],[3] 3,080 [3]  
Recovery through conversion rate adjustment (181) (30) (141)  
Balance as of end of period $ 1,031 [2] $ 1,698 [1],[2] $ 2,324 [1],[3]  
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) $ (133)  
VE territory covered losses incurred (139) (136) (43)  
Recovery through conversion rate adjustment 175 31 141  
Eighth Anniversary Release 0      
Balance as of end of period (104) (140) (35)  
Series B Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Recovery through conversion rate adjustment 161 19 135  
As-converted Value of Preferred Stock 684 1,676    
Book Value of Preferred Stock $ 104 $ 441    
Preferred stock, shares outstanding (in shares) | shares 2 2    
Preferred stock, conversion rate 1.0030 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 (161) (19)    
Eighth Anniversary Release (176)      
Balance as of end of period 104 441 460  
Series C Preferred Stock        
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Recovery through conversion rate adjustment 20 11 6  
As-converted Value of Preferred Stock 1,550 2,635    
Book Value of Preferred Stock $ 387 $ 801    
Preferred stock, shares outstanding (in shares) | shares 3 3    
Preferred stock, conversion rate 1.7860 3.6290    
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 (20) (11)    
Eighth Anniversary Release (394)      
Balance as of end of period $ 387 $ 801 $ 812  
[1] As of September 30, 2023 and 2022, the book value of series A preferred stock was $456 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 C preferred stock.
[2] As of September 30, 2024 and 2023, the book value of series A convertible participating preferred stock (series A preferred stock) was $540 million and $456 million, respectively. Refer to Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B convertible participating preferred stock (series B preferred stock) and series C convertible participating preferred stock (series C preferred stock).
[3] As of September 30, 2022 and 2021, the book value of series A preferred stock was $1.0 billion and $486 million, respectively. Refer to Note 5—U.S. and Europe Retrospective Responsibility Plans for the book value of series B and C preferred stock.