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Earnings Per Common Share
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Common Share
NOTE 7. 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 June 30Six Months Ended June 30
 2024202320242023
 (In millions, except per share data)
Numerator:
Net income$501 $581 $869 $1,193 
Preferred stock dividends (24)(25)(49)(49)
Net income available to common shareholders$477 $556 $820 $1,144 
Denominator:
Weighted-average common shares outstanding—basic$917 $939 $919 $938 
Potential common shares1 — 1 3 
Weighted-average common shares outstanding—diluted$918 $939 $920 $941 
Earnings per common share:
Basic$0.52 $0.59 $0.89 $1.22 
Diluted0.52 0.59 $0.89 $1.22 

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 six months ended June 30, 2024, 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 8 million and 5 million in restricted stock units and awards and performance stock units for the three and six months ended June 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.