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Net Earnings Per Common Share - Basic and Diluted Net Earnings Per Common Share (Details) - USD ($)
$ / shares in Units, shares in Thousands, $ in Millions
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Basic:    
Net income $ 153 $ 204
Less common and preferred dividends 71 67
Undistributed earnings 82 137
Less undistributed earnings applicable to nonvested shares 1 1
Undistributed earnings applicable to common shares 81 136
Distributed earnings applicable to common shares 60 61
Total earnings applicable to common shares $ 141 $ 197
Weighted average common shares outstanding (in shares) 147,338 148,015
Net earnings per common share (in dollars per share) $ 0.96 $ 1.33
Diluted:    
Dilutive effect of stock options (in shares) 5 23
Weighted average diluted common shares outstanding (in shares) 147,343 148,038
Net earnings per common share (in dollars per share) $ 0.96 $ 1.33