| Schedule of basic and diluted earnings per share |
The details of the EPS calculations for the three and nine months ended September 30, 2025 and 2024 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
September 30, | | Nine Months Ended
September 30, | | 2025 | | 2024 | | 2025 | | 2024 | | (Dollars in millions except per share) | Basic earnings per share: | | | | | | | | | Net income | $ | 77 | | | $ | 52 | | | $ | 226 | | | $ | 182 | | | Weighted average common shares outstanding – Basic | 198,668,143 | | | 217,283,749 | | | 202,127,953 | | | 226,057,803 | | | EPS – Basic | $ | 0.39 | | | $ | 0.24 | | | $ | 1.12 | | | $ | 0.80 | | | | | | | | | | Diluted earnings per share: | | | | | | | | | Weighted average common shares outstanding – Basic | 198,668,143 | | | 217,283,749 | | | 202,127,953 | | | 226,057,803 | | Dilutive effect of unvested RSUs and other contingently issuable shares | 3,526,191 | | | 1,119,932 | | | 3,002,663 | | | 1,591,944 | | | Weighted average common shares outstanding – Diluted | 202,194,334 | | | 218,403,681 | | | 205,130,616 | | | 227,649,747 | | | EPS – Diluted | $ | 0.38 | | | $ | 0.24 | | | $ | 1.10 | | | $ | 0.80 | |
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