XML 40 R29.htm IDEA: XBRL DOCUMENT v3.24.0.1
Earnings per share
 12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Earnings per share

20. Earnings Per Share

The computation of basic and diluted earnings per share were as follows (dollars and shares in millions):

 

 

 

2023

 

 

2022

 

 

2021

 

Numerator:

 

 

 

 

 

 

 

 

 

Basic and diluted:

 

 

 

 

 

 

 

 

 

Net income attributable to common shareholders

 

$

488

 

 

$

423

 

 

$

435

 

Denominator:

 

 

 

 

 

 

 

 

 

Basic weighted average common stock

 

 

85.0

 

 

 

87.1

 

 

 

87.5

 

Added: Weighted average stock options/share awards

 

 

0.2

 

 

 

0.2

 

 

 

0.2

 

Diluted weighted average common stock

 

 

85.2

 

 

 

87.2

 

 

 

87.7

 

 

 

 

 

 

 

 

 

 

 

Net earnings per share - basic

 

$

5.74

 

 

$

4.86

 

 

$

4.97

 

Net earnings per share - diluted

 

$

5.72

 

 

$

4.85

 

 

$

4.96

 

 

Anti-dilutive shares outstanding for the years ended December 31, 2023, 2022 and 2021 were immaterial.