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Earnings Per Share
9 Months Ended
Sep. 30, 2025
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The computations of basic and diluted earnings per common share were as follows.
EARNINGS PER SHARE COMPUTATIONS
 Three Months Ended
September 30,
Nine Months Ended
September 30,
(Dollars in millions, except per share data; shares in thousands)2025202420252024
Net income $266 $223 $732 $624 
Net income attributable to noncontrolling interest4 12 15 
Net income attributable to controlling interest262 218 720 609 
Preferred stock dividends8 521 28 
Net income available to common shareholders$254 $213 $699 $581 
Weighted average common shares outstanding—basic504,863 534,222 509,990 544,356 
Effect of dilutive restricted stock, performance equity awards and options5,488 3,749 5,929 3,273 
Weighted average common shares outstanding—diluted510,351 537,971 515,919 547,629 
Basic earnings per common share$0.50 $0.40 $1.37 $1.07 
Diluted earnings per common share$0.50 $0.40 $1.36 $1.06 

The following table presents average outstanding options and other equity awards that were excluded from the calculation of diluted earnings per share because they
were either anti-dilutive (the exercise price was higher than the weighted-average market price for the period) or the performance conditions have not been met.
ANTI-DILUTIVE EQUITY AWARDS
 Three Months Ended
September 30,
Nine Months Ended
September 30,
(Shares in thousands)2025202420252024
Stock options excluded from the calculation of diluted EPS 963  1,024 
Weighted average exercise price of stock options excluded from the calculation of diluted EPS$ $16.87 $ $16.99 
Other equity awards excluded from the calculation of diluted EPS2,879 3,964 2,425 5,151