Earnings Per Common Share

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
(In millions, except for per share data)	2023		2022		2023		2022
Earnings
Net income	$	651	$	340	$	1,733	$	1,227
Less: Preferred stock dividends	6		6		16		16
Net income available to common stockholders	$	645	$	334	$	1,717	$	1,211
Shares
Weighted average common shares outstanding, basic	304.6		322.1		309.3		327.3
Dilutive effect of stock-based awards under compensation plans	4.4		4.2		4.3		4.5
Weighted average common shares outstanding and dilutive potential common shares	309.0		326.3		313.6		331.8
Net income available to common stockholders per common share
Basic	$	2.12	$	1.04	$	5.55	$	3.70
Diluted	$	2.09	$	1.02	$	5.48	$	3.65