Quarterly Results (unaudited)

12 Months Ended

Dec. 31, 2022

Quarterly Financial Information Disclosure [Abstract]

Quarterly Results (unaudited)

Note 22 Quarterly Results (unaudited)

	First Quarter				Second Quarter				Third Quarter				Fourth Quarter
($ in millions, except per share data)	2022		2021		2022		2021		2022		2021		2022		2021
Revenues	$	12,337	$	12,451	$	12,220	$	12,646	$	13,208	$	12,480	$	13,647	$	13,011
Net income (loss) from continuing operations applicable to common shareholders	630		2,385		(1,042)		1,399		(694)		183		(310)		1,111
Income (loss) from discontinued operations, net of tax	—		(3,793)		—		196		—		325		—		(321)
Net income (loss) applicable to common shareholders	$	630	$	(1,408)	$	(1,042)	$	1,595	$	(694)	$	508	$	(310)	$	790
Earnings per common share applicable to common shareholders
Basic
Continuing operations	$	2.27	$	7.88	$	(3.81)	$	4.68	$	(2.58)	$	0.62	$	(1.17)	$	3.90
Discontinued operations	—		(12.53)		—		0.66		—		1.11		—		(1.13)
Total	$	2.27	$	(4.65)	$	(3.81)	$	5.34	$	(2.58)	$	1.73	$	(1.17)	$	2.77
Diluted (1)
Continuing operations	$	2.24	$	7.78	$	(3.81)	$	4.61	$	(2.58)	$	0.62	$	(1.17)	$	3.84
Discontinued operations	—		(12.38)		—		0.65		—		1.09		—		(1.11)
Total	$	2.24	$	(4.60)	$	(3.81)	$	5.26	$	(2.58)	$	1.71	$	(1.17)	$	2.73

(1)For periods presented with a net loss from continuing operations applicable to common shareholders, weighted average shares for basic earnings per share is also used for calculating diluted earnings per share because all dilutive potential common shares are anti-dilutive and are therefore excluded from the calculation.