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Earnings Per Common Share (Tables)
 12 Months Ended
Dec. 31, 2019
Earnings Per Share [Abstract]  
Earnings (Loss) Per Common Share
Computation of Basic and Diluted Earnings per Common Share
 
For the years ended December 31,
(In millions, except for per share data)
2019
2018
2017
Earnings
 
 
 
Income (loss) from continuing operations, net of tax
$
2,085

$
1,485

$
(262
)
Less: Preferred stock dividends
21

6

—

Income (loss) from continuing operations, net of tax, available to common stockholders
2,064

1,479

(262
)
Income (loss) from discontinued operations, net of tax, available to common stockholders
—

322

(2,869
)
Net income (loss) available to common stockholders
$
2,064

$
1,801

$
(3,131
)
Shares
 

 

 

Weighted average common shares outstanding, basic
360.9

358.4

363.7

Dilutive effect of warrants [1]
0.5

1.9

—

Dilutive effect of stock-based awards under compensation plans
3.5

3.8

—

Weighted average common shares outstanding and dilutive potential common shares [2]
364.9

364.1

363.7

Earnings per common share
 
 
 
Basic
 
 
 
Income (loss) from continuing operations, net of tax, available to common stockholders
$
5.72

$
4.13

$
(0.72
)
Income (loss) from discontinued operations, net of tax, available to common stockholders
—

0.90

(7.89
)
Net income (loss) available to common stockholders
$
5.72

$
5.03

$
(8.61
)
Diluted
 

 

 

Income (loss) from continuing operations, net of tax, available to common stockholders
$
5.66

$
4.06

$
(0.72
)
Income (loss) from discontinued operations, net of tax, available to common stockholders
—

0.89

(7.89
)
Net income (loss) available to common stockholders
$
5.66

$
4.95

$
(8.61
)

[1]
On June 26, 2019 the Capital Purchase Program warrants issued in 2009 expired.
[2]
For additional information, see Note 15 - Equity and Note 19 - Stock Compensation Plans of Notes to Consolidated Financial Statements.