v3.26.1
Earnings Per Common Share (EPS) (Details) - USD ($)
$ / shares in Units, shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Basic and diluted:        
Net income $ 3,110 $ 2,885 $ 6,082 $ 5,469
Preferred dividends (15) (15) (29) (29)
Net income available to common shareholders 3,096 2,870 6,053 5,440
Earnings allocated to participating share awards (20) (18) (39) (36)
Net income attributable to common shareholders, basic 3,076 2,852 6,014 5,404
Net income attributable to common shareholders, diluted $ 3,076 $ 2,852 $ 6,014 $ 5,404
Denominator:        
Basic: Weighted-average common stock (in shares) 678.0 698.0 681.0 700.0
Add: Weighted-average stock options (in shares) 1.0 1.0 1.0 1.0
Diluted (in shares) 679.0 699.0 682.0 701.0
Basic EPS (in dollars per share) $ 4.54 [1] $ 4.08 [1] $ 8.83 [2] $ 7.73 [2]
Diluted EPS (in dollars per share) $ 4.53 [1] $ 4.08 [1] $ 8.81 [2] $ 7.71 [2]
Stock Option        
Denominator:        
The dilutive effect of securities excluded from the calculation of earnings per share (in shares) 0.0 0.2 0.0 0.1
[1] Reflects net income less (i) earnings allocated to participating share awards of $20 million and $18 million for the three months ended June 30, 2026 and 2025, respectively, and (ii) dividends on preferred shares of $15 million for both the three months ended June 30, 2026 and 2025.
[2] Represents net income less (i) earnings allocated to participating share awards of $39 million and $36 million for the six months ended June 30, 2026 and 2025, respectively, and (ii) dividends on preferred shares of $29 million for both the six months ended June 30, 2026 and 2025.