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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2023
Earnings Per Share [Abstract]  
Computation of Basic and Diluted Earnings Per Share
Basic and diluted earnings per share were computed as follows:
For the Years Ended December 31,
202320222021
(Shares in thousands, dollars in millions, except per share amounts)BasicEffect of
Dilution
DilutedBasicEffect of
Dilution
DilutedBasicEffect of
Dilution
Diluted
Shareholders' net income$5,164 $5,164 $6,704 $6,704 $5,370 $5,370 
Shares:
Weighted average293,892 293,892 309,546 309,546 337,962 337,962 
Common stock equivalents2,990 2,990 3,519 3,519 3,004 3,004 
Total shares293,892 2,990 296,882 309,546 3,519 313,065 337,962 3,004 340,966 
Earnings per share$17.57 $(0.18)$17.39 $21.66 $(0.25)$21.41 $15.89 $(0.14)$15.75 

Amounts reflected above for the years ended December 31, 2022 and 2021 have been restated to reflect the impact of adopting amended accounting guidance for long-duration insurance contracts (discussed in Note 2 to the Consolidated Financial Statements).
Outstanding Employee Stock Options Not Included in the Computation of Diluted Earnings Per Share
The following outstanding employee stock options were not included in the computation of diluted earnings per share because their effect was anti-dilutive:
For the Years Ended December 31,
(In millions)202320222021
Anti-dilutive options0.9 1.0 1.5