Earnings Per Common Share

6 Months Ended

Jun. 30, 2025

Earnings Per Share [Abstract]

Earnings Per Common Share

NOTE 13. EARNINGS PER COMMON SHARE

The following table presents the computation of basic and diluted earnings per common share for the three and six months ended June 30 (dollars in millions, except per share amounts, and shares in thousands):

	Three months ended June 30,				Six months ended June 30,
	2025		2024		2025		2024
Numerator:
Net income	$	14	$	23	$	93	$	94
Denominator:
Weighted-average number of common shares outstanding-basic		80,715		78,390		80,466		78,276
Effect of dilutive securities:
Performance and restricted stock awards		59		66		76		57
Weighted-average number of common shares outstanding-diluted		80,774		78,456		80,542		78,333
Earnings per common share:
Basic	$	0.17	$	0.29	$	1.15	$	1.20
Diluted	$	0.17	$	0.29	$	1.15	$	1.20

There were no shares excluded from the calculation because they were antidilutive.