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Consolidated Statement of Changes in Equity - USD ($)
$ in Millions
Total
Adjustments
[1]
As Adjusted
Preferred stock dividends — Series B
Preferred stock dividends — Series C
Common stock and paid-in capital
Common stock and paid-in capital
As Adjusted
Preferred stock
Preferred stock
As Adjusted
Retained earnings (accumulated deficit)
Retained earnings (accumulated deficit)
Adjustments
[1]
Retained earnings (accumulated deficit)
As Adjusted
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
As Adjusted
Treasury stock
Treasury stock
As Adjusted
Beginning balance at Dec. 31, 2021 $ 17,050         $ 21,671   $ 2,324   $ (1,599)         $ (158)   $ (5,188)  
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 1,714                 1,714                
Preferred stock dividends       $ (63) $ (47)               $ (63) $ (47)        
Share-based compensation 145         145                        
Other comprehensive income (loss) (3,901)                           (3,901)      
Common stock repurchases (1,650)                               (1,650)  
Common stock dividends (389)                 (389)                
Ending 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 957                 957                
Preferred stock dividends       (63) (47)               (63) (47)        
Share-based compensation 159         159                        
Other comprehensive income (loss) 243                           243      
Common stock repurchases (33)                               (33)  
Common stock dividends (372)                 (372)                
Ending balance at Dec. 31, 2023 13,703 $ (2) $ 13,701     21,975 $ 21,975 2,324 $ 2,324 91 $ (2) $ 89     (3,816) $ (3,816) (6,871) $ (6,871)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                    
Net income 668                 668                
Preferred stock dividends       $ (63) $ (47)               $ (63) $ (47)        
Share-based compensation 167         167                        
Other comprehensive income (loss) (108)                           (108)      
Common stock repurchases (38)                               (38)  
Common stock dividends (377)                 (377)                
Ending balance at Dec. 31, 2024 $ 13,903         $ 22,142   $ 2,324   $ 270         $ (3,924)   $ (6,909)  
[1] Refer to the section titled Recently Adopted Accounting Standards in Note 1 for additional information.