v3.26.1
Earnings per Share (“EPS”)
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings per Share (“EPS”) Earnings per Share (“EPS”)
The calculations of basic and diluted EPS are as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
($ in millions and shares in thousands, except per share amounts)2026202520262025
Net income$108 $145 $254 $232 
Basic weighted average number of shares outstanding262,611259,939261,497258,906
Stock awards and equity units (share equivalent)7,838 217 5,1821,678
Diluted weighted average common shares outstanding270,449260,156266,679260,584
EPS:
Basic$0.41 $0.56 $0.97 $0.90 
Diluted$0.40 $0.56 $0.95 $0.89 
Anti-dilutive shares excluded from the calculation of EPS9,337 18,568 9,029 17,761 
Diluted EPS was computed using the treasury stock method for stock option awards, performance share units, and restricted share units. The computation of diluted EPS excludes the effect of the potential exercise of stock-based awards when the effect of the potential exercise would be anti-dilutive.