The following table presents the calculation of basic and diluted earnings per common share from continuing operations: | | | | | | | | | | | | | | | | | | | | | | | | (Dollars in millions, except per share amounts; share amounts in thousands) | | 2025 | | 2024 | | 2023 | | Earnings per common share — Basic | | | | | | | | Earnings from continuing operations | | $ | 501 | | | $ | 489 | | | $ | 406 | | | Less: Distributed and undistributed earnings allocated to unvested stock | | (3) | | | (3) | | | (2) | | Earnings from continuing operations available to common shareholders | | $ | 498 | | | $ | 486 | | | $ | 404 | | | | | | | | | | Weighted average common shares outstanding | | 40,799 | | | 43,079 | | | 45,383 | | | | | | | | | Earnings from continuing operations per common share — Basic | | $ | 12.20 | | | $ | 11.29 | | | $ | 8.89 | | | | | | | | | | Earnings per common share — Diluted | | | | | | | | | | | | | | | | | | | | | Earnings from continuing operations available to common shareholders — Diluted | | $ | 501 | | | $ | 489 | | | $ | 406 | | | | | | | | | | Weighted average common shares outstanding — Basic | | 40,799 | | | 43,079 | | | 45,383 | | | Effect of dilutive equity awards | | 1,004 | | | 1,155 | | | 1,104 | | | Weighted average common shares outstanding — Diluted | | 41,803 | | | 44,234 | | | 46,488 | | | | | | | | | Earnings from continuing operations per common share — Diluted | | $ | 11.99 | | | $ | 11.06 | | | $ | 8.73 | | | | | | | | | | Anti-dilutive equity awards not included in diluted EPS | | 50 | | | 66 | | | 825 | |
____________________ Amounts in the table may not recalculate due to rounding of earnings and shares.
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