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Earnings (Loss) per Common Share
9 Months Ended
Sep. 30, 2023
Earnings Per Share [Abstract]  
Earnings (Loss) per Common Share
NOTE 6. EARNINGS PER COMMON SHARE
The following table sets forth the computation of basic earnings per common share and diluted earnings per common share:
 Three Months Ended September 30Nine Months Ended September 30
 2023202220232022
 (In millions, except per share data)
Numerator:
Net income$490 $429 $1,683 $1,560 
Preferred stock dividends (25)(25)(74)(74)
Net income available to common shareholders$465 $404 $1,609 $1,486 
Denominator:
Weighted-average common shares outstanding—basic$939 $934 $938 $936 
Potential common shares
Weighted-average common shares outstanding—diluted$940 $940 $940 $942 
Earnings per common share:
Basic$0.49 $0.43 $1.72 $1.59 
Diluted0.49 0.43 1.71 1.58 

The effects from the assumed exercise of 7 million and 6 million in restricted stock units and awards and performance stock units for the three and nine months ended September 30, 2023, respectively, were not included in the above computations
of diluted earnings per common share because such amounts would have had an antidilutive effect on earnings per common share. The effects from the assumed exercise of 5 million and 4 million in restricted stock units and awards and performance stock units for the three and nine months ended September 30, 2022, respectively, were not included in the above computations of diluted earnings per common share because such amounts would have had an antidilutive effect on earnings per common share