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EARNINGS PER COMMON SHARE AND DIVIDENDS PER SHARE (Tables) | 3 Months Ended
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Mar. 31, 2023
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,
|  |  |  | 2023 | 2022
(number of shares in millions) |  |  |  |  |
Weighted average shares outstanding |  |  |  | 2,025 |  | 2,026 |
Effect of dilutive options and RSUs |  |  |  | 3 |  | 3 |
Diluted weighted average shares outstanding |  |  |  | 2,028 |  | 2,029 |
Schedule of Preferred Stock Characteristics by Class | On May 2, 2023, our Board of Directors declared the following quarterly dividends. All dividends are payable on June 1, 2023 to shareholders of record on May 15, 2023.
| Dividend per share
Common Shares 1 | $0.88750 |
Preference Shares, Series A | $0.34375 |
Preference Shares, Series B | $0.32513 |
Preference Shares, Series D 2 | $0.33825 |
Preference Shares, Series F | $0.29306 |
Preference Shares, Series H | $0.27350 |
Preference Shares, Series L | US$0.36612 |
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 19 3 | $0.38825 |
1 The quarterly dividend per common share was increased 3.2% to $0.8875 from $0.86, effective March 1, 2023. 2 The quarterly dividend per share paid on Preference Shares, Series D was increased to $0.33825 from $0.27875 on March 1, 2023 due to reset of the annual dividend on March 1, 2023. 3 The quarterly dividend per share paid on Preference Shares, Series 19 was increased to $0.38825 from $0.30625 on March 1, 2023 due to reset of the annual dividend on March 1, 2023.

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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 https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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