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EARNINGS PER SHARE
9 Months Ended
Sep. 30, 2024
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 September 30,Nine months ended September 30,
(Dollars in millions and shares in thousands)
2024202320242023
Earnings per common share — Basic:
Earnings from continuing operations$143 $160 $354 $282 
Less: Distributed and undistributed earnings allocated to unvested stock(1)(1)(2)(2)
Earnings from continuing operations available to common shareholders $142 $159 $352 280 
Weighted average common shares outstanding 42,731 45,087 43,399 45,813 
Earnings from continuing operations per common share — Basic$3.32 $3.51 $8.11 $6.11 
Earnings per common share — Diluted:
Earnings from continuing operations$143 $160 $354 $282 
Less: Distributed and undistributed earnings allocated to unvested stock —  — 
Earnings from continuing operations available to common shareholders — Diluted$143 $160 $354 $282 
Weighted average common shares outstanding — Basic42,731 45,087 43,399 45,813 
Effect of dilutive equity awards1,154 1,183 1,107 1,047 
Weighted average common shares outstanding — Diluted43,885 46,270 44,506 46,860 
Earnings from continuing operations per common share — Diluted$3.25 $3.44 $7.96 $6.01 
Anti-dilutive equity awards not included in Diluted EPS
61 73 78 1,077 
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Note: Amounts may not be additive due to rounding.