Quarterly Financial Data (Unaudited)

12 Months Ended

Dec. 31, 2020

QUARTERLY FINANCIAL DATA (UNAUDITED)


(Millions, except per share amounts)	2020								2019
Quarters Ended	12/31		9/30		6/30		3/31		12/31		9/30		6/30		3/31
Total revenues net of interest expense	$	9,351	$	8,751	$	7,675	$	10,310	$	11,365	$	10,989	$	10,838	$	10,364
Pretax income	1,858		1,364		622		452		1,986		2,266		2,219		1,958
Net income	1,438		1,073		257		367		1,693		1,755		1,761		1,550
Earnings Per Common Share — Basic:
Net income attributable to common shareholders(a)	1.76		1.31		0.29		0.41		2.04		2.09		2.07		1.81
Earnings Per Common Share — Diluted:
Net income attributable to common shareholders(a)	1.76		1.30		0.29		0.41		2.03		2.08		2.07		1.80
Cash dividends declared per common share	$	0.43	$	0.43	$	0.43	$	0.43	$	0.43	$	0.43	$	0.39	$	0.39

(a)Represents net income, less (i) earnings allocated to participating share awards of $9 million, $7 million, $2 million and $2 million for the quarters ended December 31, September 30, June 30 and March 31, 2020, respectively, and $12 million, $11 million, $13 million and $11 million for the quarters ended December 31, September 30, June 30 and March 31, 2019, respectively, and (ii) dividends on preferred shares of $14 million, $16 million, $17 million and $32 million for the quarters ended December 31, September 30, June 30 and March 31, 2020, respectively, and $20 million, $21 million, $19 million and $21 million for the quarters ended December 31, September 30, June 30 and March 31, 2019, respectively.