Earnings per Common Share (Tables)

9 Months Ended

Sep. 30, 2020

Earnings Per Share [Abstract]

Computation of basic and diluted earnings per common share

Computation of basic and diluted earnings per common share
(In millions, except per share data)	Three months ended September 30,				Nine months ended September 30,
	2020		2019		2020		2019
Numerator:
Net income	$	1,153	$	931	$	2,952	$	3,074
Less: Preferred stock dividends	27		42		89		103
Net income applicable to common shareholders	$	1,126	$	889	$	2,863	$	2,971
Denominator:
Weighted average common shares outstanding	311.2		327.7		314.1		330.8
Effect of dilutive potential common shares:
Stock options	1.6		3.4		2.3		3.2
Restricted stock units (non-participating) and performance stock awards	1.3		1.9		1.5		1.7
Weighted average common and dilutive potential common shares outstanding	314.1		333.0		317.9		335.7
Earnings per common share - Basic	$	3.62	$	2.71	$	9.11	$	8.98
Earnings per common share - Diluted	3.58		2.67		9.01		8.85
Anti-dilutive options excluded from diluted earnings per common share	4.2		1.8		3.0		3.7