Net Income Per Common Share (Tables)

6 Months Ended

Jun. 30, 2019

Earnings Per Share [Abstract]

Reconciliation of Net Income/(Loss) to Net Income/(Loss) Available to Common Shareholders

Reconciliations of net income to net income available to common shareholders and average basic common shares outstanding to

average diluted common shares outstanding are presented in the following table.

	Three Months Ended June 30						Six Months Ended June 30
(Dollars and shares in millions, except per share data)	2019			2018			2019			2018
Net income		$688			$722			$1,268			$1,365
Less:
Preferred stock dividends	(25		)	(25		)	(51		)	(55		)
Net income available to common shareholders		$663			$697			$1,217			$1,310
Average common shares outstanding - basic	443.8			465.5			443.7			467.1
Add dilutive securities:
RSUs	2.1			2.6			2.3			2.7
Common stock warrants, options, and restricted stock	0.5			1.2			0.5			1.7
Average common shares outstanding - diluted	446.4			469.3			446.5			471.5
Net income per average common share - diluted		$1.48			$1.49			$2.72			$2.78
Net income per average common share - basic	1.49			1.50			2.74			2.80