Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Computation of Basic and Diluted Earnings Per Share of Common Stock

The following table sets forth the computation of basic and diluted earnings per share of common stock:

	Three Months Ended March 31,
	2020		2019
	(Dollars in millions, except share data)
Net income applicable to common stockholders	$	46	$	36
Weighted Average Shares
Weighted average common shares outstanding	56,655,865		56,897,799
Effect of dilutive securities
Stock-based awards	534,058		692,473
Weighted average diluted common shares	$	57,189,923	$	57,590,272
Earnings per common share
Basic earnings per common share	$	0.80	$	0.64
Effect of dilutive securities
Stock-based awards	—		(0.01		)
Diluted earnings per common share	$	0.80	$	0.63