Earnings per Common Share (Tables)

12 Months Ended

Dec. 31, 2024

Earnings Per Share [Abstract]

Calculation of Basic and Diluted Weighted-Average Shares Outstanding

The following is a calculation of basic and diluted net earnings per common share under the two-class method:

	Year Ended December 31,
(In millions except per share amounts)	2024		2023		2022
Income (Numerator)
Net income	$	1,121	$	1,625	$	4,065
Less: dividends attributable to participating securities	(1)		(5)		(7)
Less: redeemable preferred stock dividends	—		—		(1)
Net income available to common stockholders	$	1,120	$	1,620	$	4,057
Shares (Denominator)
Weighted average shares - Basic	742		756		796
Dilution effect of stock awards at end of period	3		4		3
Weighted average shares - Diluted	745		760		799
Earnings per share:
Basic	$	1.51	$	2.14	$	5.09
Diluted	$	1.50	$	2.13	$	5.08

Calculation of Weighted-Average Shares Excluded from Diluted EPS Due to Anti-Dilutive Effect

The following is a calculation of weighted-average shares excluded from diluted EPS due to the anti-dilutive effect:

	Year Ended December 31,
(In millions)	2024	2023	2022
Weighted-average stock awards excluded from diluted EPS due to the anti-dilutive effect calculated using the treasury stock method	1	1	1