Earnings Per Common Share (Tables) |
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| Earnings Per Common Share | The table below presents information about basic and diluted EPS.
In the table above: •Net earnings to common represents net earnings applicable to common shareholders, which is calculated as net earnings less preferred stock dividends. •Net earnings to participating securities represents net earnings attributed to unvested share-based awards and other share-based arrangements that have non-forfeitable rights to dividends or dividend equivalents. These securities are each treated as a separate class of securities under the two-class method, and net earnings attributed to such securities are deducted from net earnings to common in calculating basic EPS. •Impact of dilutive instruments represents net earnings attributable to instruments that have a dilutive effect on the EPS calculation. For RSUs and certain other share-based arrangements, diluted EPS is calculated under both the two-class and treasury stock methods, and for each, the more dilutive amount is reported. For each of the periods presented, substantially all RSUs were more dilutive under the treasury stock method, and for both the three and six months ended June 2026, certain other share-based arrangements were more dilutive under the two-class method. For convertible instruments, diluted EPS is calculated using the if-converted method if dilutive. For both the three and six months ended June 2026, the if-converted method was dilutive. •Diluted EPS does not include antidilutive RSUs and other share-based arrangements, including those that are subject to service, market or performance conditions, of 0.3 million for both the three and six months ended June 2026, and 0.1 million for both the three and six months ended June 2025.
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