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EARNINGS PER COMMON SHARE (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share
The following table sets forth the computation of the basic and diluted earnings per common share:

Earnings per Common Share
dollars in millions, except per share data
Three Months Ended June 30,Six Months Ended June 30,
2024202320242023
Net income$707 $682 $1,438 $10,200 
Preferred stock dividends16 15 31 29 
Net income available to common stockholders$691 $667 $1,407 $10,171 
Weighted average common shares outstanding
Basic shares outstanding14,534,499 14,528,134 14,533,900 14,527,417 
Stock-based awards— 9,804 1,572 11,759 
Diluted shares outstanding14,534,499 14,537,938 14,535,472 14,539,176 
Earnings per common share
Basic$47.54 $45.90 $96.81 $700.10 
Diluted$47.54 $45.87 $96.80 $699.53