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Dividends
6 Months Ended
Jun. 30, 2022
Dividends [Abstract]  
Dividends Dividends — Following is a summary of our common and preferred share dividends that were declared and/or paid during the six months ended June 30, 2022 and 2021:
(millions, except per share amounts)Amount
DeclaredPayablePer Share
Accrued/Paid1
Common - Quarterly Dividends:
May 2022July 2022$0.10 $58.5 
March 2022April 20220.10 58.5 
December 2021January 20220.10 58.5 
May 2021July 20210.10 58.5 
March 2021April 20210.10 58.5 
December 2020January 20210.10 58.6 
Common - Annual Variable Dividends:
December 2020January 20214.50 2,635.9 
Preferred Dividends:
December 2021March 202226.875 13.4 
December 2020March 202126.875 13.4 
1 The accrual is based on an estimate of common shares outstanding as of the record date and the common share accrual is recorded as a part of accounts payable, accrued expenses, and other liabilities on the consolidated balance sheets.
See Note 14 Dividends in our 2021 Annual Report to Shareholders for a discussion of our quarterly and annual common share dividends and our preferred share dividend policies, including a discussion of the $1.50 per common share, or $876.5 million in the aggregate, 2021 annual variable common share dividend that was declared and paid in the fourth quarter 2021.