EARNINGS PER SHARE

9 Months Ended

Sep. 30, 2020

NOTE 16 - EARNINGS PER SHARE



	Three Months Ended September 30,				Nine Months Ended September 30,
(in millions, except share and per share data)	2020		2019		2020		2019
Numerator (basic and diluted):
Net income		$314		$449		$601		$1,341
Less: Preferred stock dividends	25		17		75		50
Net income available to common stockholders		$289		$432		$526		$1,291
Denominator:
Weighted-average common shares outstanding - basic	426,846,096		445,703,987		427,058,412		454,802,186
Dilutive common shares: share-based awards	1,146,253		1,430,608		1,083,946		1,416,569
Weighted-average common shares outstanding - diluted	427,992,349		447,134,595		428,142,358		456,218,755
Earnings per common share:
Basic		$0.68		$0.97		$1.23		$2.84
Diluted ⁽¹⁾	0.68		0.97		1.23		2.83

⁽¹⁾ Potential dilutive common shares are excluded from the computation of diluted EPS in the periods where the effect would be antidilutive. Excluded from the computation of diluted EPS were weighted average antidilutive shares totaling 1,193,668 and 772 for the three months ended September 30, 2020 and 2019, respectively, and 1,249,785 and 359,952 for the nine months ended September 30, 2020 and 2019, respectively.