EARNINGS PER SHARE

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

EARNINGS PER SHARE

NOTE 15 - EARNINGS PER SHARE

	Three Months Ended June 30,		Six Months Ended June 30,
(dollars in millions, except per share data)	2024	2023	2024	2023
Numerator (basic and diluted):
Net income	$392	$478	$726	$989
Less: Preferred stock dividends	35	34	65	57
Net income available to common stockholders	$357	$444	$661	$932
Denominator:
Weighted-average common shares outstanding - basic	454,142,489	479,470,543	457,750,585	482,440,926
Dilutive common shares: share-based awards	2,418,533	1,504,738	2,258,961	1,811,177
Weighted-average common shares outstanding - diluted	456,561,022	480,975,281	460,009,546	484,252,103
Earnings per common share:
Basic	$0.79	$0.93	$1.44	$1.93
Diluted(1)	0.78	0.92	1.44	1.92

(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 1,206,158 and 3,249,834 for the three months ended June 30, 2024 and 2023, respectively, and 1,318,088 and 2,305,895 for the six months ended June 30, 2024 and 2023, respectively.