XML 36 R25.htm IDEA: XBRL DOCUMENT v3.22.1
Computation of Earnings per Common Share (Tables)
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Computation of Basic and Diluted EPS The following table presents the Company’s computation of basic and diluted EPS for the periods indicated:

 

 

 

For the Three Months Ended March 31,

 

(in millions, except share and per share amounts)

 

2022

 

 

2021

 

Net income available to common stockholders

 

$

147

 

 

$

137

 

Less: Dividends paid on and earnings allocated
   to participating securities

 

 

(2

)

 

 

(2

)

Earnings applicable to common stock

 

$

145

 

 

$

135

 

Weighted average common shares outstanding

 

 

465,138,238

 

 

 

463,292,906

 

Basic earnings per common share

 

$

0.31

 

 

$

0.29

 

Earnings applicable to common stock

 

$

145

 

 

$

135

 

Weighted average common shares outstanding

 

 

465,138,238

 

 

 

463,292,906

 

Potential dilutive common shares

 

 

808,525

 

 

 

594,031

 

Total shares for diluted earnings per common
   share computation

 

 

465,946,763

 

 

 

463,886,937

 

Diluted earnings per common share and
   common share equivalents

 

$

0.31

 

 

$

0.29