XML 125 R32.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Net Earnings Per Common Share
12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block] NET EARNINGS PER COMMON SHARE
Basic and diluted net earnings per common share based on the weighted average outstanding shares are summarized as follows:
(In millions, except shares and per share amounts)2019  2018  2017  
Basic:
Net income$816  $884  $592  
Less common and preferred dividends260  236  131  
Undistributed earnings556  648  461  
Less undistributed earnings applicable to nonvested shares   
Undistributed earnings applicable to common shares552  643  457  
Distributed earnings applicable to common shares224  200  88  
Total earnings applicable to common shares$776  $843  $545  
Weighted average common shares outstanding (in thousands)175,984  193,589  200,776  
Net earnings per common share$4.41  $4.36  $2.71  
Diluted:
Total earnings applicable to common shares$776  $843  $545  
Weighted average common shares outstanding (in thousands)175,984  193,589  200,776  
Dilutive effect of common stock warrants (in thousands)9,926  11,959  7,778  
Dilutive effect of stock options (in thousands)594  953  1,099  
Weighted average diluted common shares outstanding (in thousands)
186,504  206,501  209,653  
Net earnings per common share$4.16  $4.08  $2.60  
The following schedule presents the weighted average shares of stock awards that were anti-dilutive and not included in the calculation of diluted earnings per share.
(In thousands)2019  2018  2017  
Restricted stock and restricted stock units$1,390  $1,602  $1,936  
Stock options460  151  241  
Schedule of Weighted Average Number of Shares [Table Text Block]
(In thousands)2019  2018  2017  
Restricted stock and restricted stock units$1,390  $1,602  $1,936  
Stock options460  151  241