Earnings per Share (Tables)

9 Months Ended

Sep. 30, 2022

Earnings Per Share [Abstract]

Basic and Diluted Earnings Per Common Share

Table 62: Basic and Diluted Earnings Per Common Share

	Three months ended September 30				Nine months ended September 30
In millions, except per share data	2022		2021		2022		2021
Basic
Net income	$	1,640	$	1,490	$	4,565	$	4,419
Less:
Net income attributable to noncontrolling interests	16		16		52		38
Preferred stock dividends	65		57		181		162
Preferred stock discount accretion and redemptions	1		1		4		3
Net income attributable to common shareholders	1,558		1,416		4,328		4,216
Less: Dividends and undistributed earnings allocated to nonvested restricted   shares	8		8		21		21
Net income attributable to basic common shareholders	$	1,550	$	1,408	$	4,307	$	4,195
Basic weighted-average common shares outstanding	410		426		414		426
Basic earnings per common share (a)	$	3.78	$	3.31	$	10.39	$	9.84
Diluted
Net income attributable to diluted common shareholders	$	1,550	$	1,408	$	4,307	$	4,195
Basic weighted-average common shares outstanding	410		426		414		426
Dilutive potential common shares					1		1
Diluted weighted-average common shares outstanding	410		426		415		427
Diluted earnings per common share (a)	$	3.78	$	3.30	$	10.39	$	9.83

(a)Basic and diluted earnings per share under the two-class method are determined on net income reported on the income statement less earnings allocated to nonvested restricted shares and restricted share units with nonforfeitable dividends and dividend rights (participating securities).