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EARNINGS PER COMMON SHARE AND DIVIDENDS PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2021
Earnings Per Share [Abstract] |
Schedule of weighted average shares outstanding used to calculate basic and diluted earnings per common share | Weighted average shares outstanding used to calculate basic and diluted earnings per share are as follows:
| Three months ended March 31, |  |
| 2021 | 2020 |  |  |
(number of shares in millions) |  |  |  |  |
Weighted average shares outstanding | 2,022 |  | 2,019 |  |  |  |
Effect of dilutive options | 1 |  | 2 |  |  |  |
Diluted weighted average shares outstanding | 2,023 |  | 2,021 |  |  |  |
Schedule of preferred stock characteristics by class | On May 4, 2021, our Board of Directors declared the following quarterly dividends. All dividends are payable on June 1, 2021 to shareholders of record on May 14, 2021.
| Dividend per share
Common Shares 1 | $0.83500 |
Preference Shares, Series A | $0.34375 |
Preference Shares, Series B | $0.21340 |
Preference Shares, Series C 2 | $0.15501 |
Preference Shares, Series D | $0.27875 |
Preference Shares, Series F | $0.29306 |
Preference Shares, Series H | $0.27350 |
Preference Shares, Series J | US$0.30540 |
Preference Shares, Series L | US$0.30993 |
Preference Shares, Series N | $0.31788 |
Preference Shares, Series P | $0.27369 |
Preference Shares, Series R | $0.25456 |
Preference Shares, Series 1 | US$0.37182 |
Preference Shares, Series 3 | $0.23356 |
Preference Shares, Series 5 | US$0.33596 |
Preference Shares, Series 7 | $0.27806 |
Preference Shares, Series 9 | $0.25606 |
Preference Shares, Series 11 | $0.24613 |
Preference Shares, Series 13 | $0.19019 |
Preference Shares, Series 15 | $0.18644 |
Preference Shares, Series 17 | $0.32188 |
Preference Shares, Series 19 | $0.30625 |
1 The quarterly dividend per common share was increased 3% to $0.835 from $0.81, effective March 1, 2021. 2 The quarterly dividend per share paid on Series C was increased to $0.15501 from $0.15349 on March 1, 2021, due to reset on a quarterly basis following the date of issuance of the Series C Preference Shares.

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- Definition Tabular disclosure of an entity's preferred stock characteristics such as initial yield, dividends, per share base redemption value, redemption and conversion option date and right to convert. + References No definition available. + Details
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- Definition Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 + Details
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