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Earnings Per Common Share
6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Common Share
2. EARNINGS PER COMMON SHARE
Computation of Basic and Diluted Earnings per Common Share
Three Months Ended June 30,Six Months Ended June 30,
(In millions, except for per share data)2021202020212020
Earnings
Net income$905 $468 $1,154 $741 
Less: Preferred stock dividends10 10 
Net income available to common stockholders$900 $463 $1,144 $731 
Shares
Weighted average common shares outstanding, basic353.7 358.1 356.0 358.3 
Dilutive effect of stock-based awards under compensation plans4.8 1.2 4.4 1.9 
Weighted average common shares outstanding and dilutive potential common shares 358.5 359.3 360.4 360.2 
Net income available to common stockholders per common share
Basic$2.54 $1.29 $3.21 $2.04 
Diluted$2.51 $1.29 $3.17 $2.03