EARNINGS PER COMMON SHARE COMPUTATION

9 Months Ended

Sep. 30, 2021

Detail supporting the computation of basic and diluted earnings per common share was as follows for the three and nine months ended September 30, 2021 and 2020:


	Three months ended September 30,				Nine months ended September 30,
	2021		2020		2021		2020
	(dollars in millions, except per common share results; number of shares in thousands)
Net income available for common stockholders	$	1,531	$	1,340	$	2,947	$	3,641
Weighted average outstanding shares of common stock used to compute basic earnings per common share	128,518		132,318		128,714		132,234
Dilutive effect of:
Employee stock options	68		105		65		95
Restricted stock	669		773		619		681
Shares used to compute diluted earnings per common share	129,255		133,196		129,398		133,010
Basic earnings per common share	$	11.91	$	10.12	$	22.90	$	27.53
Diluted earnings per common share	$	11.84	$	10.05	$	22.77	$	27.37
Number of antidilutive stock options and restricted stock excluded from computation	136		143		256		311