| Schedule of earnings per share |
The following table presents the calculation of basic and diluted EPS: | | | | | | | | | | | | | | | | | | | | | | | | | Three Months Ended June 30, | | Six Months Ended June 30, | | (dollars in millions, except per share data) | 2026 | | 2025 | | 2026 | | 2025 | | Numerator (basic and diluted): | | | | | | | | | Net income | $587 | | | $436 | | | $1,104 | | | $809 | | | Less: Preferred stock dividends | 33 | | | 34 | | | 66 | | | 67 | | | | | | | | | | | Net income available to common stockholders | $554 | | | $402 | | | $1,038 | | | $742 | | | Denominator: | | | | | | | | | Weighted-average common shares outstanding - basic | 422,871,137 | | | 433,640,210 | | | 424,100,982 | | | 435,967,554 | | | Dilutive common shares: share-based awards | 3,810,711 | | | 2,899,564 | | | 4,173,096 | | | 3,375,149 | | | Weighted-average common shares outstanding - diluted | 426,681,848 | | | 436,539,774 | | | 428,274,078 | | | 439,342,703 | | | Earnings per common share: | | | | | | | | | Basic | $1.31 | | | $0.93 | | | $2.45 | | | $1.70 | | Diluted(1) | 1.30 | | | 0.92 | | | 2.42 | | | 1.69 | |
(1) Excluded from the computation of diluted EPS were weighted-average antidilutive shares totaling 4,655 and 1,703,819 for the three months ended June 30, 2026 and 2025, respectively, and 5,077 and 1,144,513 for the six months ended June 30, 2026 and 2025, respectively.
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