Earnings Per Common Share ("EPS")

6 Months Ended

Jun. 30, 2024

Earnings Per Share [Abstract]

Earnings Per Common Share (EPS)

Earnings Per Common Share (“EPS”)

	Quarter ended				Year to date
	2024		2023		2024		2023
Net Income	$	367	$	418	$	681	$	718
Weighted-average common shares outstanding (for basic calculation)	282		281		282		281
Effect of dilutive share-based employee compensation	4		5		4		5
Weighted-average common and dilutive potential common shares outstanding (for diluted calculation)	286		286		286		286
Basic EPS	$	1.30	$	1.49	$	2.41	$	2.55
Diluted EPS	$	1.28	$	1.46	$	2.38	$	2.51
Unexercised employee SARs, RSUs, PSUs and stock options (in millions) excluded from the diluted EPS computation(a)	1.9		1.7		1.8		1.6

(a)These unexercised employee stock appreciation rights (“SARs”), restricted stock units (“RSUs”), performance share units (“PSUs”) and stock options were not included in the computation of diluted EPS because to do so would have been antidilutive for the periods presented.