Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2018

Earnings Per Share [Abstract]

Schedule of basic and diluted earnings per common share

Basic and diluted earnings per common share were calculated as follows:

	Three Months Ended June 30,					Six Months Ended June 30,
	2018			2017		2018		2017
	(Dollars in millions, except per share amounts, shares in thousands)
Income (Numerator):
Net income	$	292		17		407		180
Earnings applicable to non-vested restricted stock	—			—		—		—
Net income applicable to common stock for computing basic earnings per common share	292			17		407		180
Net income as adjusted for purposes of computing diluted earnings per common share	$	292		17		407		180
Shares (Denominator):
Weighted-average number of shares:
Outstanding during period	1,078,986			549,100		1,076,273		548,359
Non-vested restricted stock	(14,275		)	(7,739	)	(11,610	)	(7,450	)
Weighted-average shares outstanding for computing basic earnings per common share	1,064,711			541,361		1,064,663		540,909
Incremental common shares attributable to dilutive securities:
Shares issuable under convertible securities	10			10		10		10
Shares issuable under incentive compensation plans	4,098			780		3,741		917
Number of shares as adjusted for purposes of computing diluted earnings per common share	1,068,819			542,151		1,068,414		541,836
Basic earnings per common share	$	0.27		0.03		0.38		0.33
Diluted earnings per common share	$	0.27		0.03		0.38		0.33