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Earnings Per Share (Tables)
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Schedule of earnings per share
The following table sets forth the computation of basic and diluted net income per common share (amounts in millions, except per share amounts):
Three Months Ended June 30,Six Months Ended June 30,
Computation of Earnings Per Share2024202320242023
Net income$204 $142 $385 $179 
Weighted average shares of common stock outstanding (in thousands):
Basic64,617 67,649 64,621 68,325 
Dilutive effect of stock awards1,151 957 1,401 1,316 
Diluted65,768 68,606 66,022 69,641 
Earnings per common share
Basic$3.16 $2.10 $5.96 $2.62 
Diluted$3.10 $2.07 $5.83 $2.57