EARNINGS PER COMMON SHARE COMPUTATION

9 Months Ended

Sep. 30, 2023

Detail supporting the computation of basic and diluted earnings per common share was as follows for the three and nine months ended September 30, 2023 and 2022:


	Three months ended September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(dollars in millions, except per common share results; number of shares in thousands)
Net income available for common stockholders	$	832	$	1,195	$	3,030	$	2,821
Weighted average outstanding shares of common stock used to compute basic earnings per common share	123,426		126,572		124,335		126,678
Dilutive effect of:
Employee stock options	26		61		31		50
Restricted stock	531		723		519		577
Shares used to compute diluted earnings per common share	123,983		127,356		124,885		127,305
Basic earnings per common share	$	6.74	$	9.45	$	24.37	$	22.27
Diluted earnings per common share	$	6.71	$	9.39	$	24.26	$	22.16
Number of antidilutive stock options and restricted stock excluded from computation	137		78		251		267

For additional information regarding earnings per common share, refer to Note 2 to the audited Consolidated Financial Statements included in Part II, Item 8, "Financial Statements and Supplementary Data" in our 2022 Form 10-K.