| Schedule of basic and diluted earnings per share |
The details of the EPS calculations for the three and six months ended June 30, 2026 and 2025 are as follows: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended
June 30, | | Six Months Ended
June 30, | | 2026 | | 2025 | | 2026 | | 2025 | | (Dollars in millions except per share) | Basic earnings per share: | | | | | | | | | Net income | $ | 101 | | | $ | 87 | | | $ | 196 | | | $ | 149 | | | Weighted average common shares outstanding – Basic | 187,252,451 | | | 202,672,945 | | | 188,244,787 | | | 203,886,530 | | | EPS – Basic | $ | 0.54 | | | $ | 0.43 | | | $ | 1.04 | | | $ | 0.73 | | | | | | | | | | Diluted earnings per share: | | | | | | | | | Weighted average common shares outstanding – Basic | 187,252,451 | | | 202,672,945 | | | 188,244,787 | | | 203,886,530 | | Dilutive effect of unvested RSUs and other contingently issuable shares | 3,342,326 | | | 2,582,088 | | | 3,725,535 | | | 2,547,445 | | | Weighted average common shares outstanding – Diluted | 190,594,777 | | | 205,255,033 | | | 191,970,322 | | | 206,433,975 | | | EPS – Diluted | $ | 0.53 | | | $ | 0.42 | | | $ | 1.02 | | | $ | 0.72 | |
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