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Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Millions
Total
Noncumulative Convertible Preferred Stock Series B
Noncumulative Convertible Preferred Stock Series C
Series B Preferred Stock
Series C Preferred Stock
Preferred Stock A (Par Value: $0.01)
Common Stock (Par Value: $0.01)
Common Stock (Par Value: $0.01)
Series B Preferred Stock
Common Stock (Par Value: $0.01)
Series C Preferred Stock
Paid-in Capital in excess of Par
Paid-in Capital in excess of Par
Series B Preferred Stock
Paid-in Capital in excess of Par
Series C Preferred Stock
(Accumulated deficit)/Retained Earnings
Treasury Stock, at Cost
AOCL, Net of Tax
Beginning balance (in shares) at Dec. 31, 2023 240,688,790                            
Beginning balance at Dec. 31, 2023 $ 8,367         $ 503 $ 2     $ 8,236     $ 443 $ (218) $ (599)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance and exercise of stock (in shares) 25,543,655     63,770,655 85,435,618                    
Issuance and exercise of stock $ 103     $ 257 $ 341   1   $ 1 102 $ 257 $ 340      
Issuance of warrants to purchase common shares $ 302                 302          
Shares issued for restricted stock, net of forfeitures (in shares) 275,051                            
Shares issued for restricted stock, net of forfeitures $ 0                 (9)       9  
Compensation expense related to restricted stock awards 38                 38          
Net loss (930)                       (930)    
Dividends paid on common stock (48)                       (48)    
Dividends paid on preferred stock $ (27)                       (27)    
Purchase of common stock (in shares) (455,802)                            
Purchase of common stock $ (10)                         (10)  
Other comprehensive income (loss), net of tax $ 178                           178
Ending balance (in shares) at Sep. 30, 2024 415,257,967                            
Ending balance at Sep. 30, 2024 $ 8,571         503 4     9,266     (562) (219) (421)
Preferred Stock Mezzanine (Par Value: $0.01)                              
Issuance of mezzanine preferred stock   $ 258 $ 346                        
Issuance of common shares for the conversion of Series B/ C preferred, net       $ (257) $ (346)                    
Ending balance at Sep. 30, 2024 $ 1                            
Preferred Stock Mezzanine (Par Value: $0.01)                              
Dividends paid on preferred stock (in usd per share)       $ 6.66                      
Beginning balance (in shares) at Jun. 30, 2024 351,304,364                            
Beginning balance at Jun. 30, 2024 $ 8,397         503 4     8,997     (270) (223) (614)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Issuance and exercise of stock (in shares)       63,770,655                      
Issuance and exercise of stock $ 257             $ 0     $ 257        
Shares issued for restricted stock, net of forfeitures (in shares) 282,417                            
Shares issued for restricted stock, net of forfeitures $ 0                 (5)       5  
Compensation expense related to restricted stock awards 17                 17          
Net loss (280)                       (280)    
Dividends paid on common stock (3)                       (3)    
Dividends paid on preferred stock $ (9)                       (9)    
Purchase of common stock (in shares) (99,469)                            
Purchase of common stock $ (1)                         (1)  
Other comprehensive income (loss), net of tax $ 193                           193
Ending balance (in shares) at Sep. 30, 2024 415,257,967                            
Ending balance at Sep. 30, 2024 $ 8,571         503 4     9,266     (562) (219) (421)
Beginning balance at Jun. 30, 2024 258                            
Preferred Stock Mezzanine (Par Value: $0.01)                              
Issuance of common shares for the conversion of Series B/ C preferred, net       $ (257)                      
Ending balance at Sep. 30, 2024 $ 1                            
Preferred Stock Mezzanine (Par Value: $0.01)                              
Dividends paid on preferred stock (in usd per share)       $ 3.33                      
Beginning balance (in shares) at Dec. 31, 2024 414,934,628                            
Beginning balance at Dec. 31, 2024 $ 8,167         503 4     9,282     (763) (219) (640)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Shares issued for restricted stock, net of forfeitures (in shares) 1,368,201                            
Shares issued for restricted stock, net of forfeitures $ 0                 (28)       28  
Compensation expense related to restricted stock awards 46                 46          
Net loss (206)                       (206)    
Dividends paid on common stock (12)                       (12)    
Dividends paid on preferred stock $ (25)                       (25)    
Purchase of common stock (in shares) (694,684)                            
Purchase of common stock $ (7)                         (7)  
Other comprehensive income (loss), net of tax $ 145                           145
Ending balance (in shares) at Sep. 30, 2025 415,608,145                            
Ending balance at Sep. 30, 2025 $ 8,108         503 4     9,300     (1,006) (198) (495)
Beginning balance at Dec. 31, 2024 1                            
Ending balance at Sep. 30, 2025 $ 1                            
Preferred Stock Mezzanine (Par Value: $0.01)                              
Dividends paid on preferred stock (in usd per share)       9.99                      
Beginning balance (in shares) at Jun. 30, 2025 415,353,394                            
Beginning balance at Jun. 30, 2025 $ 8,095         503 4     9,291     (957) (204) (542)
Increase (Decrease) in Stockholders' Equity [Roll Forward]                              
Shares issued for restricted stock, net of forfeitures (in shares) 408,579                            
Shares issued for restricted stock, net of forfeitures $ 0                 (8)       8  
Compensation expense related to restricted stock awards 17                 17          
Net loss (36)                       (36)    
Dividends paid on common stock (4)                       (4)    
Dividends paid on preferred stock $ (9)                       (9)    
Purchase of common stock (in shares) (153,828)                            
Purchase of common stock $ (2)                         (2)  
Other comprehensive income (loss), net of tax $ 47                           47
Ending balance (in shares) at Sep. 30, 2025 415,608,145                            
Ending balance at Sep. 30, 2025 $ 8,108         $ 503 $ 4     $ 9,300     $ (1,006) $ (198) $ (495)
Beginning balance at Jun. 30, 2025 1                            
Ending balance at Sep. 30, 2025 $ 1                            
Preferred Stock Mezzanine (Par Value: $0.01)                              
Dividends paid on preferred stock (in usd per share)       $ 3.33