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EARNINGS PER SHARE
 3 Months Ended
Mar. 31, 2023
Earnings Per Share [Abstract]  
EARNINGS PER SHARE EARNINGS PER SHARE
The following table presents the calculation of basic and diluted earnings per common share from continuing operations:

 Three months ended March 31,
(Dollars in millions, except per share amounts; share amounts in thousands)20232022
Earnings per share — Basic: (1)
Earnings from continuing operations$140 $176 
Less: Distributed and undistributed earnings allocated to unvested stock(1)(1)
Earnings from continuing operations available to common shareholders $139 $175 
Weighted average common shares outstanding 46,377 51,097 
Earnings from continuing operations per common share — Basic$3.00 $3.42 
Earnings per share — Diluted: (1)
Earnings from continuing operations$140 $176 
Less: Distributed and undistributed earnings allocated to unvested stock— — 
Earnings from continuing operations available to common shareholders — Diluted$140 $176 
Weighted average common shares outstanding — Basic46,377 51,097 
Effect of dilutive equity awards1,097 1,379 
Weighted average common shares outstanding — Diluted47,474 52,476 
Earnings from continuing operations per common share — Diluted$2.95 $3.35 
Anti-dilutive equity awards not included in diluted EPS627 461 
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(1)Amounts in the table may not recalculate exactly due to rounding of earnings and shares.