XML 29 R18.htm IDEA: XBRL DOCUMENT
v3.22.2

Earnings Per Common Share | 6 Months Ended
--- | ---
Jun. 30, 2022
Earnings Per Share [Abstract] |
Earnings Per Common Share | Earnings Per Common Share Basic and diluted earnings per common share for the three and six months ended June 30, 2022 and 2021 were calculated as follows:
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (Dollars in millions, except per share amounts, shares in thousands)
Income (Numerator) |  |  |  |  |  |  |
Net income | $ | 344 |  |  | 506 |  |  | 943 |  |  | 981 |
Net income applicable to common stock for computing basic earnings per common share | 344 |  |  | 506 |  |  | 943 |  |  | 981 |
Net income as adjusted for purposes of computing diluted earnings per common share | $ | 344 |  |  | 506 |  |  | 943 |  |  | 981 |
Shares (Denominator): |  |  |  |  |  |  |
Weighted-average number of shares: |  |  |  |  |  |  |
Outstanding during period | 1,033,060 |  |  | 1,105,403 |  |  | 1,030,138 |  |  | 1,102,877 |
Non-vested restricted stock | (20,117) |  |  | (18,950) |  |  | (19,452) |  |  | (18,413) |
Weighted average shares outstanding for computing basic earnings per common share | 1,012,943 |  |  | 1,086,453 |  |  | 1,010,686 |  |  | 1,084,464 |
Incremental common shares attributable to dilutive securities: |  |  |  |  |  |  |
Shares issuable under convertible securities | 10 |  |  | 10 |  |  | 10 |  |  | 10 |
Shares issuable under incentive compensation plans | 3,667 |  |  | 6,939 |  |  | 5,221 |  |  | 8,020 |
Number of shares as adjusted for purposes of computing diluted earnings per common share | 1,016,620 |  |  | 1,093,402 |  |  | 1,015,917 |  |  | 1,092,494 |
Basic earnings per common share | $ | 0.34 |  |  | 0.47 |  |  | 0.93 |  |  | 0.90 |
Diluted earnings per common share | $ | 0.34 |  |  | 0.46 |  |  | 0.93 |  |  | 0.90 |
Our calculation of diluted earnings per common share excludes unvested restricted stock awards that are antidilutive as a result of unrecognized compensation cost. Such shares were 10.1 million and 2.2 million for the three months ended June 30, 2022 and 2021, respectively, and 9.2 million and 1.2 million for the six months ended June 30, 2022 and 2021, respectively.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=109243012&loc=SL65017193-207537 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (c) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI https://asc.fasb.org/topic&trid=2144383 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3630-109257 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration