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Earnings Per Common Share | 9 Months Ended
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Sep. 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 nine months ended September 30, 2022 and 2021 were calculated as follows:
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2022 |  | 2021 |  | 2022 |  | 2021
| (Dollars in millions, except per share amounts, shares in thousands)
Income (Numerator) |  |  |  |  |  |  |
Net income | $ | 578 |  |  | 544 |  |  | 1,521 |  |  | 1,525 |
Net income applicable to common stock for computing basic earnings per common share | 578 |  |  | 544 |  |  | 1,521 |  |  | 1,525 |
Net income as adjusted for purposes of computing diluted earnings per common share | $ | 578 |  |  | 544 |  |  | 1,521 |  |  | 1,525 |
Shares (Denominator): |  |  |  |  |  |  |
Weighted-average number of shares: |  |  |  |  |  |  |
Outstanding during period | 1,034,786 |  |  | 1,079,917 |  |  | 1,031,687 |  |  | 1,095,223 |
Non-vested restricted stock | (21,662) |  |  | (17,833) |  |  | (20,189) |  |  | (18,117) |
Weighted average shares outstanding for computing basic earnings per common share | 1,013,124 |  |  | 1,062,084 |  |  | 1,011,498 |  |  | 1,077,106 |
Incremental common shares attributable to dilutive securities: |  |  |  |  |  |  |
Shares issuable under convertible securities | 10 |  |  | 10 |  |  | 10 |  |  | 10 |
Shares issuable under incentive compensation plans | 3,879 |  |  | 7,063 |  |  | 4,773 |  |  | 6,763 |
Number of shares as adjusted for purposes of computing diluted earnings per common share | 1,017,013 |  |  | 1,069,157 |  |  | 1,016,281 |  |  | 1,083,879 |
Basic earnings per common share | $ | 0.57 |  |  | 0.51 |  |  | 1.50 |  |  | 1.42 |
Diluted earnings per common share | $ | 0.57 |  |  | 0.51 |  |  | 1.50 |  |  | 1.41 |
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 12.9 million and 3.9 million for the three months ended September 30, 2022 and 2021, respectively, and 10.4 million and 3.0 million for the nine months ended September 30, 2022 and 2021, respectively.

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- 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
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