Shareholders' Equity (Tables)

3 Months Ended

Mar. 31, 2023

Equity [Abstract]

Schedule of Common Stock Outstanding Roll Forward

The following table presents the rollforward of common shares used in calculating the weighted average shares utilized in the basic earnings per common share calculation for the periods indicated:

	Common Shares
(shares in millions)	Issued		Held in Treasury	Outstanding
Balance, January 1, 2022	109.0		1.2	107.8
Common shares issued	0.1		—	0.1
Common shares acquired - share repurchase	—		11.7	(11.7)
Share-based compensation	1.7		0.7	1.0
Treasury Stock retirement	(13.0)		(13.0)	—
Balance, December 31, 2022	97.8		0.6	97.2
Common shares issued	—	*	—	—
Share-based compensation	1.5		0.5	1.0
Balance, March 31, 2023	99.3		1.1	98.2

Schedule of Dividends Declared

Dividends declared per share of Common Stock were as follows for the periods indicated:

	Three Months Ended March 31,
	2023		2022
Dividends declared per share of Common Stock	$	0.200	$	0.200

The declaration of dividends on preferred stock per share and in the aggregate were as follows for the periods indicated:

	Series A				Series B
Three Months Ended March 31,	Per Share		Aggregate		Per Share		Aggregate
2023	$	30.625	$	10	$	13.375	$	4
2022	30.625		10		13.375		4

Schedule of Share Repurchase Agreements

Schedule of Preferred Stock Issued and Outstanding

As of March 31, 2023 and December 31, 2022, there were 100,000,000 shares of preferred stock authorized. Preferred stock issued and outstanding are as follows:

	March 31, 2023		December 31, 2022
Series	Issued	Outstanding	Issued	Outstanding
6.125% Non-cumulative Preferred Stock, Series A	325,000	325,000	325,000	325,000
5.35% Non-cumulative Preferred Stock, Series B	300,000	300,000	300,000	300,000
Total	625,000	625,000	625,000	625,000