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Net Income/(Loss) Per Common Share (Tables)
3 Months Ended
Mar. 31, 2015
Earnings Per Share [Abstract]  
Reconciliation of Net Income/(Loss) to Net Income/(Loss) Available to Common Shareholders
 
Three Months Ended March 31
(Dollars and shares in millions, except per share data)
2015
 
2014
Net income

$429

 

$405

Preferred dividends
(17
)
 
(9
)
Dividends and undistributed earnings allocated to unvested shares
(1
)
 
(3
)
Net income available to common shareholders

$411

 

$393

Average basic common shares
521

 
531

Effect of dilutive securities:
 
 
 
Stock options
2

 
2

Restricted stock and warrants
4

 
4

Average diluted common shares
527

 
537

Net income per average common share - diluted

$0.78

 

$0.73

Net income per average common share - basic

$0.79

 

$0.74