EARNINGS PER COMMON SHARE (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Schedule of Computation of Basic and Diluted Earnings Per Common Share

The following table sets forth the computation of basic and diluted earnings per common share:

TABLE 21.1

Year Ended December 31	2024		2023		2022
(dollars in millions, except per share data)
Net income	$	465	$	485	$	439
Less: Preferred stock dividends	6		8		8
Net income available to common shareholders	$	459	$	477	$	431
Basic weighted average common shares outstanding	361,444,439		360,743,462		349,976,557
Net effect of dilutive stock options and restricted stock	1,193,165		2,154,344		4,075,640
Diluted weighted average common shares outstanding	362,637,604		362,897,806		354,052,197
Earnings per common share:
Basic	$	1.27	$	1.32	$	1.23
Diluted	$	1.27	$	1.31	$	1.22