Earnings Per Common Share (Tables)

6 Months Ended

Jun. 30, 2022

Earnings Per Share [Abstract]

Schedule of Earnings Per Share, Basic and Diluted

The following table sets forth the computation of the basic and diluted earnings per common share:

Earnings per Common Share

	Three Months Ended June 30,				Six Months Ended June 30,
dollars in millions, except share and per share data	2022		2021		2022		2021
Net income	$	255	$	153	$	526	$	300
Preferred stock dividends	17		5		24		9
Net income available to common stockholders	$	238	$	148	$	502	$	291
Weighted Average Common Shares Outstanding
Basic shares outstanding	16,023,613		9,816,405		15,918,978		9,816,405
Stock-based awards	11,477		—		18,848		—
Diluted shares outstanding	16,035,090		9,816,405		15,937,826		9,816,405
Basic income per common share	$	14.87	$	15.09	$	31.52	$	29.63
Diluted income per common share	$	14.86	$	15.09	$	31.48	$	29.63