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EARNINGS PER SHARE INFORMATION
 6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE INFORMATION EARNINGS PER SHARE INFORMATION
Three months ended June 3020242023
(Earnings for per-share calculation, shares in millions, per-share amounts in dollars)DilutedBasicDilutedBasic
Earnings (loss) from continuing operations $1,320 $1,320 $1,254 $1,254 
Preferred stock dividends and other(a)— — (58)(58)
Earnings (loss) from continuing operations attributable to common shareholders1,320 1,320 1,195 1,195 
Earnings (loss) from discontinued operations
(54)(54)(1,220)(1,220)
Net earnings (loss) attributable to common shareholders1,266 1,266 (25)(25)
Shares of common stock outstanding1,089 1,089 1,089 1,089 
Employee compensation-related shares (including stock options)
11 — 10 — 
Total average equivalent shares
1,100 1,089 1,098 1,089 
Earnings (loss) per share from continuing operations$1.20 $1.21 $1.09 $1.10 
Earnings (loss) per share from discontinued operations
(0.05)(0.05)(1.11)(1.12)
Net earnings (loss) per share
1.15 1.16 (0.02)(0.02)
Potentially dilutive securities(b)6 28 
Six months ended June 3020242023
(Earnings for per-share calculation, shares in millions, per-share amounts in dollars)DilutedBasicDilutedBasic
Earnings (loss) from continuing operations $3,061 $3,061 $7,951 $7,958 
Preferred stock dividends and other(a)— — (204)(204)
Earnings (loss) from continuing operations attributable to common shareholders3,061 3,061 7,747 7,754 
Earnings (loss) from discontinued operations
(256)(256)(417)(417)
Net earnings (loss) attributable to common shareholders2,805 2,805 7,330 7,337 
Shares of common stock outstanding1,089 1,089 1,089 1,089 
Employee compensation-related shares (including stock options)
11 — 9 — 
Total average equivalent shares
1,100 1,089 1,097 1,089 
Earnings (loss) per share from continuing operations$2.78 $2.81 $7.06 $7.12 
Earnings (loss) per share from discontinued operations
(0.23)(0.23)(0.38)(0.38)
Net earnings (loss) per share
2.55 2.58 6.68 6.74 
Potentially dilutive securities(b)9 33 
(a) For the three and six months ended June 30, 2023, included $(30) million related to excise tax on preferred share redemptions.
(b) Outstanding stock awards not included in the computation of diluted earnings per share because their effect was antidilutive.

Our unvested restricted stock unit awards that contain non-forfeitable rights to dividends or dividend equivalents are considered participating securities and historically have been included in the calculation pursuant to the two-class method. For the three and six months ended June 30, 2024, such participating securities had an insignificant effect. Therefore, effective the second quarter of 2024, the Company calculates earnings per share using the treasury stock method. For the three and six months ended June 30, 2023, application of two-class method treatment had an insignificant effect.