EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2021

NOTE 15 - EARNINGS PER SHARE


	Three Months Ended September 30,		Nine Months Ended September 30,
(in millions, except share and per share data)	2021	2020	2021	2020
Numerator (basic and diluted):
Net income	$530	$314	$1,789	$601
Less: Preferred stock dividends	26	25	81	75
Net income available to common stockholders	$504	$289	$1,708	$526
Denominator:
Weighted-average common shares outstanding - basic	426,086,717	426,846,096	425,996,867	427,058,412
Dilutive common shares: share-based awards	1,754,247	1,146,253	1,683,018	1,083,946
Weighted-average common shares outstanding - diluted	427,840,964	427,992,349	427,679,885	428,142,358
Earnings per common share:
Basic	$1.18	$0.68	$4.01	$1.23
Diluted(1)	1.18	0.68	3.99	1.23

(1) Potential dilutive common shares were excluded from the computation of diluted EPS in the periods where the effect would be antidilutive. Excluded from the computation of diluted EPS were weighted average antidilutive shares totaling 10,614 and 1,193,668 for the three months ended September 30, 2021 and 2020, respectively, and 4,238 and 1,249,785 for the nine months ended September 30, 2021 and 2020, respectively.