Earnings per Common Share (Tables)

6 Months Ended

Jun. 30, 2024

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 June 30,				Six months ended June 30,
($ in millions, except per share data; shares in thousands) (a)	2024		2023		2024		2023
Net income from continuing operations	$	294	$	329	$	451	$	649
Preferred stock dividends — Series B	(16)		(16)		(32)		(32)
Preferred stock dividends — Series C	(12)		(12)		(24)		(24)
Net income from continuing operations attributable to common stockholders	$	266	$	301	$	395	$	593
Loss from discontinued operations, net of tax	—		—		—		(1)
Net income attributable to common stockholders	$	266	$	301	$	395	$	592
Basic weighted-average common shares outstanding (b)	306,774		303,684		306,388		303,173
Diluted weighted-average common shares outstanding (b)	309,886		304,646		309,154		304,050
Basic earnings per common share
Net income from continuing operations	$	0.87	$	0.99	$	1.29	$	1.96
Net income	$	0.87	$	0.99	$	1.29	$	1.95
Diluted earnings per common share
Net income from continuing operations	$	0.86	$	0.99	$	1.28	$	1.95
Net income	$	0.86	$	0.99	$	1.28	$	1.95

(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.