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Net Income/(Loss) Per Common Share (Tables)
3 Months Ended
Mar. 31, 2016
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)
2016
 
2015
Net income

$447

 

$429

Preferred dividends
(17
)
 
(17
)
Dividends and undistributed earnings allocated to unvested shares

 
(1
)
Net income available to common shareholders

$430

 

$411

 
 
 
 
Average basic common shares
505

 
521

Effect of dilutive securities:
 
 
 
Stock options
2

 
2

Restricted stock, RSUs, and warrants
3

 
4

Average diluted common shares
510

 
527

 
 
 
 
Net income per average common share - diluted

$0.84

 

$0.78

Net income per average common share - basic

$0.85

 

$0.79