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Earnings per Common Share (Tables)
3 Months Ended
Mar. 31, 2020
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per common share
Computation of basic and diluted earnings per common share
(In millions, except per share data)
 
Three months ended March 31,
 
2020
 
2019
Numerator:
 
 
 
 
Net income
 
$
549

 
$
1,292

Less: Preferred stock dividends
 
36

 
31

Net income applicable to common shareholders
 
$
513

 
$
1,261

 
 
 
 
 
Denominator:
 
 
 
 
Weighted average common shares outstanding
 
317.4

 
332.6

Effect of dilutive potential common shares:
 
 
 
 
Stock options
 
3.3

 
3.1

Restricted stock units (non-participating) and performance stock awards
 
1.7

 
1.8

Weighted average common and dilutive potential common shares outstanding
 
322.4

 
337.5

 
 
 
 
 
Earnings per common share - Basic
 
$
1.62

 
$
3.79

Earnings per common share - Diluted
 
$
1.59

 
$
3.74

 
 
 
 
 
Anti-dilutive options excluded from diluted earnings per common share
 
0.8

 
4.0