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Condensed Consolidated Statement of Changes in Equity (unaudited) - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
[1]
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred stock dividends — Series B
Preferred stock dividends — Series C
Common stock and paid-in capital
Common stock and paid-in capital
Cumulative Effect, Period of Adoption, Adjusted Balance
Preferred stock
Preferred stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained earnings (accumulated deficit)
Retained earnings (accumulated deficit)
Cumulative Effect, Period of Adoption, Adjustment
[1]
Retained earnings (accumulated deficit)
Cumulative Effect, Period of Adoption, Adjusted Balance
Retained earnings (accumulated deficit)
Preferred stock dividends — Series B
Retained earnings (accumulated deficit)
Preferred stock dividends — Series C
Accumulated other comprehensive loss
Accumulated other comprehensive loss
Cumulative Effect, Period of Adoption, Adjusted Balance
Treasury stock
Treasury stock
Cumulative Effect, Period of Adoption, Adjusted Balance
Beginning balance at Dec. 31, 2022 $ 12,859         $ 21,816   $ 2,324   $ (384)         $ (4,059)   $ (6,838)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 319                 319                
Preferred stock dividends       $ (16) $ (12)               $ (16) $ (12)        
Share-based compensation 64         64                        
Other comprehensive (loss) income, net of tax 283                           283      
Common stock repurchases (27)                               (27)  
Common stock dividends (92)                 (92)                
Ending balance at Mar. 31, 2023 13,378         21,880   2,324   (185)         (3,776)   (6,865)  
Beginning balance at Dec. 31, 2022 12,859         21,816   2,324   (384)         (4,059)   (6,838)  
Ending balance at Dec. 31, 2023 $ 13,766 $ (2) $ 13,764     21,975 $ 21,975 2,324 $ 2,324 154 $ (2) $ 152     (3,816) $ (3,816) (6,871) $ (6,871)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Accounting Standards Update [Extensible Enumeration] [1] Accounting Standards Update 2023-02                                  
Net income $ 157                 157                
Preferred stock dividends       $ (16) $ (12)               $ (16) $ (12)        
Share-based compensation 59         59                        
Other comprehensive (loss) income, net of tax (173)                           (173)      
Common stock repurchases (29)                               (29)  
Common stock dividends (93)                 (93)                
Ending balance at Mar. 31, 2024 $ 13,657         $ 22,034   $ 2,324   $ 188         $ (3,989)   $ (6,900)  
[1] Refer to the section titled Recently Adopted Accounting Standards in Note 1 for additional information.