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CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED) - USD ($)
$ in Millions
Total
Preferred stock
Common stock
Additional paid-in capital
Retained earnings
Accumulated other comprehensive loss
Balance at beginning of period at Dec. 31, 2022   $ 265        
Balance at beginning of period, common equity at Dec. 31, 2022     $ 0 $ 12,740 $ 1,683 $ (2,575)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee benefit plans       (4)    
Net income $ 217       217  
Other comprehensive income (loss), net of tax 365         365
Balance at end of period, common equity at Mar. 31, 2023 12,426   0 12,736 1,900 (2,210)
Balance at end of period at Mar. 31, 2023 12,691 265        
Balance at beginning of period at Dec. 31, 2023 11,639 265        
Balance at beginning of period, common equity at Dec. 31, 2023 11,374   0 12,740 560 (1,926)
Increase (Decrease) in Stockholders' Equity [Roll Forward]            
Employee benefit plans       0    
Net income 225       225  
Other comprehensive income (loss), net of tax (108)         (108)
Balance at end of period, common equity at Mar. 31, 2024 11,491   $ 0 $ 12,740 $ 785 $ (2,034)
Balance at end of period at Mar. 31, 2024 $ 11,756 $ 265