Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2012

Earnings per Common Share

Schedule of basic and diluted earnings per common share

	Three Months Ended September 30,				Nine Months Ended September 30,
	2012		2011		2012		2011
	(Dollars in millions except per share amounts and shares in thousands)
Income (Numerator):
Net income	$	270		138		544		464
Earnings applicable to non-vested restricted stock		—		—		(1)		(2)
Net income applicable to common stock for computing basic earnings per common share		270		138		543		462
Net income as adjusted for purposes of computing diluted earnings per common share	$	270		138		543		462
Shares (Denominator):
Weighted average number of shares:
Outstanding during period		622,769		613,271		621,370		506,452
Non-vested restricted stock		(2,541)		(1,989)		(2,582)		(2,052)
Non-vested restricted stock units		920		995		960		519
Weighted average shares outstanding for computing basic earnings per common share		621,148		612,277		619,748		504,919
Incremental common shares attributable to dilutive securities:
Shares issuable under convertible securities		13		13		13		13
Shares issuable under incentive compensation plans		2,135		1,396		2,067		1,131
Number of shares as adjusted for purposes of computing diluted earnings per common share		623,296		613,686		621,828		506,063
Earnings per common share:
Basic	$	.43		.22		.88		.91
Diluted	$	.43		.22		.87		.91