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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, 2023   $ 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)        
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)        
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)
Balance at beginning of period at Dec. 31, 2024 20,820 830 1 2,510 22,686 (720) (507) (213) (4,487)
Amortization of share-based compensation       124          
Other changes       48          
Net income (loss) 3,161       3,161        
Preferred share dividends         (30)        
Unrealized holding gains (losses) during period, net of reclassification adjustment             629    
Foreign currency translation adjustments 91             91  
Shares repurchased for treasury                 (1,124)
Balance at end of period at Sep. 30, 2025 23,719 830 1 2,682 25,817 0 122 (122) (5,611)
Balance at beginning of period at Jun. 30, 2025   830 1 2,660 24,477 (48) 75 (123) (4,879)
Amortization of share-based compensation       25          
Other changes       (3)          
Net income (loss) 1,350       1,350        
Preferred share dividends         (10)        
Unrealized holding gains (losses) during period, net of reclassification adjustment             47    
Foreign currency translation adjustments 1             1  
Shares repurchased for treasury                 (732)
Balance at end of period at Sep. 30, 2025 $ 23,719 $ 830 $ 1 $ 2,682 $ 25,817 $ 0 $ 122 $ (122) $ (5,611)