XML 48 R35.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

Earnings Per Common Share (Tables) | 6 Months Ended
--- | ---
Jun. 30, 2024
Earnings Per Share [Abstract] |
Schedule of Computation of Basic and Diluted Earnings Per Common Share | The following table sets forth the computation of basic and diluted earnings per common share. Table 11.1: Computation of Basic and Diluted Earnings per Common Share
|  | Three Months Ended June 30, |  | Six Months Ended June 30, |  |  |  |
(Dollars and shares in millions, except per share data) |  | 2024 |  | 2023 |  | 2024 |  | 2023 |  |  |  |
Net income |  | $ | 597 |  |  | $ | 1,431 |  |  | $ | 1,877 |  |  | $ | 2,391 |  |  |  |  |
Dividends and undistributed earnings allocated to participating securities |  | (9) |  |  | (23) |  |  | (32) |  |  | (39) |  |  |  |  |
Preferred stock dividends |  | (57) |  |  | (57) |  |  | (114) |  |  | (114) |  |  |  |  |
Net income available to common stockholders |  | $ | 531 |  |  | $ | 1,351 |  |  | $ | 1,731 |  |  | $ | 2,238 |  |  |  |  |
Total weighted-average basic common shares outstanding |  | 383.1 |  |  | 382.8 |  |  | 382.7 |  |  | 382.7 |  |  |  |  |
Effect of dilutive securities:(1) |  |  |  |  |  |  |  |  |  |  |  |
Stock options |  | 0.2 |  |  | 0.1 |  |  | 0.2 |  |  | 0.1 |  |  |  |  |
Other contingently issuable shares |  | 0.6 |  |  | 0.8 |  |  | 0.8 |  |  | 1.0 |  |  |  |  |
Total effect of dilutive securities |  | 0.8 |  |  | 0.9 |  |  | 1.0 |  |  | 1.1 |  |  |  |  |
Total weighted-average diluted common shares outstanding |  | 383.9 |  |  | 383.7 |  |  | 383.7 |  |  | 383.8 |  |  |  |  |
Basic earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |
Net income per basic common share |  | $ | 1.39 |  |  | $ | 3.53 |  |  | $ | 4.52 |  |  | $ | 5.85 |  |  |  |  |
Diluted earnings per common share:(1) |  |  |  |  |  |  |  |  |  |  |  |
Net income per diluted common share |  | $ | 1.38 |  |  | $ | 3.52 |  |  | $ | 4.51 |  |  | $ | 5.83 |  |  |  |  |
__________ (1)Excluded from the computation of diluted earnings per share were awards of 64 thousand shares and 20 thousand shares for the six months ended June 30, 2024 and June 30, 2023, respectively, because their inclusion would be anti-dilutive. There were no awards excluded from the computation of dilutive earning per share for the three months ended June 30, 2024 and June 30, 2023.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org/1943274/2147482662/260-10-50-1 + Details
Name: | us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration