Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table presents the calculation of basic and diluted earnings per common share.

	Three months ended September 30,				Nine months ended September 30,
($ in millions, except per share data; shares in thousands) (a)	2022		2021		2022		2021
Net income from continuing operations	$	300	$	712	$	1,437	$	2,407
Preferred stock dividends — Series B	(16)		(20)		(48)		(20)
Preferred stock dividends — Series C	(11)		(9)		(35)		(9)
Net income from continuing operations attributable to common stockholders	$	273	$	683	$	1,354	$	2,378
(Loss) income from discontinued operations, net of tax	(1)		—		(1)		1
Net income attributable to common stockholders	$	272	$	683	$	1,353	$	2,379
Basic weighted-average common shares outstanding (b)	308,220		359,179		321,884		368,215
Diluted weighted-average common shares outstanding (b)	310,086		361,855		323,875		370,745
Basic earnings per common share
Net income from continuing operations	$	0.88	$	1.90	$	4.20	$	6.46
Net income	$	0.88	$	1.90	$	4.20	$	6.46
Diluted earnings per common share
Net income from continuing operations	$	0.88	$	1.89	$	4.18	$	6.41
Net income	$	0.88	$	1.89	$	4.18	$	6.42

(a)Figures in the table may not recalculate exactly due to rounding. Earnings per share is calculated based on unrounded numbers.

(b)Includes shares related to share-based compensation that vested but were not yet issued.