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EARNINGS PER SHARE (Tables)
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Basic and Diluted Earnings Per Common Share From Continuing Operations
The following table presents the calculation of basic and diluted earnings per common share from continuing operations:
 Three months ended June 30,Six months ended June 30,
(Dollars in millions and shares in thousands)
2024202320242023
Earnings per common share — Basic:
Earnings (loss) from continuing operations$126 $(18)$212 $122 
Less: Distributed and undistributed earnings allocated to unvested stock(1)— (1)(1)
Earnings (loss) from continuing operations available to common shareholders
$125 $(18)$211 121 
Weighted average common shares outstanding 43,609 45,975 43,734 46,176 
Earnings (loss) from continuing operations per common share — Basic
$2.88 $(0.39)$4.81 $2.64 
Earnings per common share — Diluted:
Earnings (loss) from continuing operations
$126 $(18)$212 $122 
Less: Distributed and undistributed earnings allocated to unvested stock— — — — 
Earnings (loss) from continuing operations available to common shareholders — Diluted
$126 $(18)$212 $122 
Weighted average common shares outstanding — Basic43,609 45,975 43,734 46,176 
Effect of dilutive equity awards1,024 — 1,083 980 
Weighted average common shares outstanding — Diluted44,633 45,975 44,817 47,156 
Earnings (loss) from continuing operations per common share — Diluted
$2.83 $(0.39)$4.72 $2.60 
Anti-dilutive equity awards not included in Diluted EPS
92 2,531 86 1,579 
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Note: Amounts may not be additive due to rounding.