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Consolidated Statements of Changes in Stockholders' Equity - USD ($)
$ in Millions
Total
Cumulative Effect, Period of Adoption, Adjustment
Adjusted Balance
Common Stock (Par Value: $0.01)
Preferred Stock (Par Value: $0.01)
Paid-in Capital in Excess of Par
Retained Earnings
Retained Earnings
Cumulative Effect, Period of Adoption, Adjustment
Retained Earnings
Adjusted Balance
Treasury Stock, at Cost
Accumulated Other Comprehensive Loss, Net of Tax
Balance at Dec. 31, 2019 $ 6,711 $ (10) [1] $ 6,701 $ 5 $ 503 $ 6,115 $ 342 $ (10) [1] $ 332 $ (221) $ (33)
Balance, shares at Dec. 31, 2019       467,346,781              
Accounting Standards Update [Extensible List]   us-gaap:AccountingStandardsUpdate201613Member           us-gaap:AccountingStandardsUpdate201613Member      
Shares issued for restricted stock, net of forfeitures           (22)       22  
Shares issued for restricted stock, net of forfeitures, shares       2,321,105              
Compensation expense related to restricted stock awards 16         16          
Net income 205           205        
Dividends paid on common stock (158)           (158)        
Dividends paid on preferred stock (16)           (16)        
Purchase of common stock (58)                 (58)  
Purchase of common stock, shares       (5,734,055)              
Other comprehensive income (loss), net of tax 3                   3
Balance at Jun. 30, 2020 6,693     $ 5 503 6,109 363     (257) (30)
Balance, shares at Jun. 30, 2020       463,933,831              
Balance at Mar. 31, 2020 6,637     $ 5 503 6,102 344     (236) (81)
Balance, shares at Mar. 31, 2020       466,360,703              
Compensation expense related to restricted stock awards 7         7          
Net income 105           105        
Dividends paid on common stock (78)           (78)        
Dividends paid on preferred stock (8)           (8)        
Purchase of common stock (21)                 (21)  
Purchase of common stock, shares       (2,426,872)              
Other comprehensive income (loss), net of tax 51                   51
Balance at Jun. 30, 2020 6,693     $ 5 503 6,109 363     (257) (30)
Balance, shares at Jun. 30, 2020       463,933,831              
Balance at Dec. 31, 2020 $ 6,842     $ 5 503 6,123 494     (258) (25)
Balance, shares at Dec. 31, 2020       463,901,808              
Accounting Standards Update [Extensible List] us-gaap:AccountingStandardsUpdate201613Member                    
Shares issued for restricted stock, net of forfeitures           (28)       28  
Shares issued for restricted stock, net of forfeitures, shares       2,515,942              
Compensation expense related to restricted stock awards $ 16         16          
Net income 297           297        
Dividends paid on common stock (158)           (158)        
Dividends paid on preferred stock (16)           (16)        
Purchase of common stock (15)                 (15)  
Purchase of common stock, shares       (1,360,788)              
Other comprehensive income (loss), net of tax (50)                   (50)
Balance at Jun. 30, 2021 6,916     $ 5 503 6,111 617     (245) (75)
Balance, shares at Jun. 30, 2021       465,056,962              
Balance at Mar. 31, 2021 6,796     $ 5 503 6,103 552     (245) (122)
Balance, shares at Mar. 31, 2021       465,074,384              
Compensation expense related to restricted stock awards 8         8          
Net income 152           152        
Dividends paid on common stock (79)           (79)        
Dividends paid on preferred stock (8)           (8)        
Purchase of common stock, shares       (17,422)              
Other comprehensive income (loss), net of tax 47                   47
Balance at Jun. 30, 2021 $ 6,916     $ 5 $ 503 $ 6,111 $ 617     $ (245) $ (75)
Balance, shares at Jun. 30, 2021       465,056,962              
[1] Amount represents a $10 million cumulative adjustment, net of tax, to retained earnings as of January 1, 2020, as a result of the adoption of ASU 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, which became effective January 1, 2020.