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Unaudited Consolidated Statements of Changes in Shareholders' Equity - USD ($)
$ in Millions
Total
Non-cumulative preferred shares
Common shares
Additional paid-in capital
Retained earnings
Accumulated other comprehensive income (loss), net of deferred income tax
Unrealized appreciation (decline) in value of available-for-sale securities, net of deferred income tax
Foreign currency translation adjustments, net of deferred income tax
Common shares held in treasury, at cost
Balance at beginning of period at Dec. 31, 2022   $ 830 $ 1 $ 2,211 $ 15,892 $ (1,646) $ (1,512) $ (134) $ (4,378)
Amortization of share-based compensation       73          
Other changes       13          
Net income (loss) $ 2,109       2,109        
Preferred share dividends (30)       (30)        
Unrealized holding gains (losses) during period, net of reclassification adjustment             226    
Foreign currency translation adjustments (33)             (33)  
Shares repurchased for treasury                 (29)
Balance at end of period at Sep. 30, 2023 15,239 830 1 2,297 17,971 (1,453) (1,286) (167) (4,407)
Balance at beginning of period at Jun. 30, 2023   830 1 2,278 17,258 (1,319) (1,192) (127) (4,407)
Amortization of share-based compensation       15          
Other changes       4          
Net income (loss) 723       723        
Preferred share dividends (10)       (10)        
Unrealized holding gains (losses) during period, net of reclassification adjustment             (94)    
Foreign currency translation adjustments (40)             (40)  
Shares repurchased for treasury                 0
Balance at end of period at Sep. 30, 2023 15,239 830 1 2,297 17,971 (1,453) (1,286) (167) (4,407)
Balance at beginning of period at Dec. 31, 2023 18,353 830 1 2,327 20,295 (676) (565) (111) (4,424)
Amortization of share-based compensation       100          
Other changes       38          
Net income (loss) 3,377       3,377        
Preferred share dividends (30)       (30)        
Unrealized holding gains (losses) during period, net of reclassification adjustment             500    
Foreign currency translation adjustments (24)             (24)  
Shares repurchased for treasury                 (40)
Balance at end of period at Sep. 30, 2024 22,274 830 1 2,465 23,642 (200) (65) (135) (4,464)
Balance at beginning of period at Jun. 30, 2024   830 1 2,443 22,664 (810) (650) (160) (4,463)
Amortization of share-based compensation       16          
Other changes       6          
Net income (loss) 988       988        
Preferred share dividends (10)       (10)        
Unrealized holding gains (losses) during period, net of reclassification adjustment             585    
Foreign currency translation adjustments 25             25  
Shares repurchased for treasury                 (1)
Balance at end of period at Sep. 30, 2024 $ 22,274 $ 830 $ 1 $ 2,465 $ 23,642 $ (200) $ (65) $ (135) $ (4,464)