Quarterly Financial Data Quarterly Financial Data (Tables)

12 Months Ended

Dec. 31, 2020


	2020										2019
	12/31		9/30			6/30			3/31		12/31		9/30		6/30		3/31
	(in millions, except per share data)
Net revenues	$	3,183	$	3,003		$	2,712		$	3,001	$	3,287	$	3,317	$	3,245	$	3,118
Pretax income	190		(184)			(526)			2,351		534		641		587		470
Net income	177		(140)			(539)			2,036		463		543		492		395

Earnings per share:
Basic	$	1.46	$	(1.14)		$	(4.31)		$	16.11	$	3.59	$	4.09	$	3.61	$	2.85
Diluted	$	1.43	$	(1.14)	(1)	$	(4.31)	(1)	$	15.88	$	3.53	$	4.04	$	3.57	$	2.82

Weighted average common shares outstanding:
Basic	120.9		123.0			125.0			126.4		129.0		132.7		136.1		138.8
Diluted	123.4		124.9			126.2			128.2		131.3		134.5		138.0		140.1

Cash dividends declared per common share	$	1.04	$	1.04		$	1.04		$	0.97	$	0.97	$	0.97	$	0.97	$	0.90

(1) Diluted shares used in this calculation represent basic shares due to the net loss. Using actual diluted shares would result in anti-dilution.