Earnings Per Common Share

6 Months Ended

Jun. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Common Share

2. EARNINGS PER COMMON SHARE

Computation of Basic and Diluted Earnings per Common Share
	Three Months Ended June 30,				Six Months Ended June 30,
(In millions, except for per share data)	2023		2022		2023		2022
Earnings
Net income	$	547	$	444	$	1,082	$	887
Less: Preferred stock dividends	5		5		10		10
Net income available to common stockholders	$	542	$	439	$	1,072	$	877
Shares
Weighted average common shares outstanding, basic	309.4		327.4		311.7		329.9
Dilutive effect of stock-based awards under compensation plans	3.9		4.4		4.3		4.7
Weighted average common shares outstanding and dilutive potential common shares	313.3		331.8		316.0		334.6
Net income available to common stockholders per common share
Basic	$	1.75	$	1.34	$	3.44	$	2.66
Diluted	$	1.73	$	1.32	$	3.39	$	2.62