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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2024
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,
202420232022
(Shares in thousands, dollars in millions, except per share amounts)BasicEffect of
Dilution
DilutedBasicEffect of
Dilution
DilutedBasicEffect of
Dilution
Diluted
Shareholders' net income
$3,434 $3,434 $5,164 $5,164 $6,704 $6,704 
Shares:
Weighted average280,294 280,294 293,892 293,892 309,546 309,546 
Common stock equivalents2,924 2,924 2,990 2,990 3,519 3,519 
Total shares280,294 2,924 283,218 293,892 2,990 296,882 309,546 3,519 313,065 
Earnings per share$12.25 $(0.13)$12.12 $17.57 $(0.18)$17.39 $21.66 $(0.25)$21.41 
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)202420232022
Anti-dilutive options1.1 0.9 1.0