v3.26.1
Earnings Per Common Share (Tables)
 6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Schedule of Computation of Basic and Diluted Earnings Per Common Share

The following table presents the computation of basic and diluted earnings per common share for the three and six months ended June 30 (dollars in millions, except per share amounts, and shares in thousands):

 

 

Three months ended June 30,

 

 

Six months ended June 30,

 

 

 

2026

 

 

2025

 

 

2026

 

 

2025

 

Numerator:

 

 

 

 

 

 

 

 

 

 

 

 

Net income

 

$

35

 

 

$

14

 

 

$

127

 

 

$

93

 

Denominator:

 

 

 

 

 

 

 

 

 

 

 

 

Weighted-average number of common shares outstanding-basic

 

 

83,060

 

 

 

80,715

 

 

 

82,700

 

 

 

80,466

 

Effect of dilutive securities:

 

 

 

 

 

 

 

 

 

 

 

 

Performance and restricted stock awards

 

 

49

 

 

 

59

 

 

 

32

 

 

 

76

 

Weighted-average number of common shares outstanding-diluted

 

 

83,109

 

 

 

80,774

 

 

 

82,732

 

 

 

80,542

 

Earnings per common share:

 

 

 

 

 

 

 

 

 

 

 

 

Basic

 

$

0.43

 

 

$

0.17

 

 

$

1.54

 

 

$

1.15

 

Diluted

 

$

0.43

 

 

$

0.17

 

 

$

1.54

 

 

$

1.15