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CONSOLIDATED STATEMENT OF STOCKHOLDERS’ EQUITY - USD ($)
$ in Millions
Total
Common Stock
Capital in Excess of Par Value
Accumulated Undistributed (Overdistributed) Earnings
Beginning balance (in shares) at Dec. 31, 2022   519,000,000    
Beginning balance at Dec. 31, 2022 $ 9,555 $ 1 $ 9,556 $ (2)
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuances of common stock (net of offering and underwriting costs) (in shares)   61,000,000    
Issuances of common stock (net of offering and underwriting costs) $ 1,155   1,155  
Shares issued in connection with dividend reinvestment plan (in shares) 2,500,000 2,000,000    
Shares issued in connection with dividend reinvestment plan $ 47   47  
Net investment income 1,258     1,258
Net realized losses on investments, foreign currency, extinguishment of debt and other transactions (171)     (171)
Net unrealized gains (losses) on investments, foreign currency and other transactions 435     435
Dividends declared and payable (1,078)     (1,078)
Tax reclassification of stockholders’ equity in accordance with GAAP 0   (20) 20
Ending balance (in shares) at Dec. 31, 2023   582,000,000    
Ending balance at Dec. 31, 2023 11,201 $ 1 10,738 462
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuances of common stock (net of offering and underwriting costs) (in shares)   66,000,000    
Issuances of common stock (net of offering and underwriting costs) $ 1,364   1,364  
Shares issued in connection with dividend reinvestment plan (in shares) 3,800,000 4,000,000    
Shares issued in connection with dividend reinvestment plan $ 80   80  
Net investment income 1,436     1,436
Net realized losses on investments, foreign currency, extinguishment of debt and other transactions (102)     (102)
Net unrealized gains (losses) on investments, foreign currency and other transactions 188     188
Conversion of 2024 Convertible Notes (in shares)   20,000,000    
Conversion of 2024 Convertible Notes 407   407  
Dividends declared and payable (1,219)     (1,219)
Tax reclassification of stockholders’ equity in accordance with GAAP $ 0   (87) 87
Ending balance (in shares) at Dec. 31, 2024 672,000,000 672,000,000    
Ending balance at Dec. 31, 2024 $ 13,355 $ 1 12,502 852
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuances of common stock (net of offering and underwriting costs) (in shares)   42,000,000    
Issuances of common stock (net of offering and underwriting costs) $ 928   928  
Shares issued in connection with dividend reinvestment plan (in shares) 4,200,000 4,000,000    
Shares issued in connection with dividend reinvestment plan $ 87   87  
Net investment income 1,415     1,415
Net realized losses on investments, foreign currency, extinguishment of debt and other transactions (20)     (20)
Net unrealized gains (losses) on investments, foreign currency and other transactions (96)     (96)
Dividends declared and payable (1,351)     (1,351)
Tax reclassification of stockholders’ equity in accordance with GAAP $ 0   (158) 158
Ending balance (in shares) at Dec. 31, 2025 718,000,000 718,000,000    
Ending balance at Dec. 31, 2025 $ 14,318 $ 1 $ 13,359 $ 958