Earnings Per Common Share

9 Months Ended

Sep. 30, 2017

Earnings Per Share [Abstract]

Earnings Per Common Share

Earnings Per Common Share

EPS under the basic and diluted computations is as follows:

	Three Months Ended September 30,						Nine Months Ended September 30,
	2017			2016			2017			2016
Net income	$	618		$	503		$	1,757		$	1,367
Preferred stock dividends and other (1)	(43		)	(33		)	(127		)	(99		)
Net income available to common stockholders	$	575		$	470		$	1,630		$	1,268
Weighted-average common shares outstanding — basic	1,339			1,324			1,338			1,322
Common stock equivalent shares related to stock incentive plans	14			10			14			10
Weighted-average common shares outstanding — diluted (2)	1,353			1,334			1,352			1,332
Basic EPS	$	.43		$	.36		$	1.22		$	.96
Diluted EPS	$	.42		$	.35		$	1.21		$	.95

⁽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 9 million and 17 million shares for the third quarters of 2017 and 2016, respectively, and 10 million and 21 million shares for the first nine months of 2017 and 2016, respectively.