Earnings Per Common Share

12 Months Ended

Dec. 31, 2015

Earnings Per Common Share [Abstract]

Earnings Per Common Share

22.Earnings Per Common Share

EPS is computed using the two-class method. Preferred stock dividends, and undistributed earnings and dividends allocated to participating securities are subtracted from net income in determining net income available to common stockholders. Basic EPS is calculated by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. The computation of diluted EPS is similar to the computation of basic EPS except that the denominator is increased to include the number of additional common shares that would have been outstanding if dilutive potential common shares had been issued. Dilutive potential common shares include, if dilutive, the effect ofoutstanding stock options and unvested restricted stock awards and units. EPS under the basic and diluted computations is as follows:

Year Ended December 31,		2015		2014		2013
Net income	$	1,447	$	1,321	$	1,071
Preferred stock dividends and other (1)		(83)		(60)		(61)
Net income available to common stockholders	$	1,364	$	1,261	$	1,010
Weighted-average common shares outstanding — basic		1,315		1,303		1,285
Common stock equivalent shares related to stock incentive plans		12		12		8
Weighted-average common shares outstanding — diluted (2)		1,327		1,315		1,293
Basic EPS	$	1.04	$	.96	$	.78
Diluted EPS	$	1.03	$	.95	$	.78

(1)	Includes preferred stock dividends and undistributed earnings and dividends allocated to non-vested restricted stock units.
(2)	Antidilutive stock options and restricted stock awards excluded from the calculation of diluted EPS totaled 23 million, 24 million, and 34 million shares in 2015, 2014, and 2013,  respectively.